News From Press SEBI chief bats for smaller SIPs, sachetisation of MFs

SEBI chief bats for smaller SIPs, sachetisation of MFs

Source: The Hindu Businessline Dec 11, 2023

SEBI chairperson Madhabi Puri Buch said on Friday that the regulator is working with the mutual fund industry to make it viable for the latter to offer systematic investment plans, or SIPs, of as low as ₹250 per month. This will allow greater participation in MFs from the bottom of the pyramid, and is in keeping with the market regulator’s objective of greater financial inclusion.

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