News From Press Sebi asks MFs if they mis-sold funds

Sebi asks MFs if they mis-sold funds

Source: livemint Mar 27, 2024

India’s capital markets regulator, the Securities and Exchange Board of India (Sebi), has further tightened scrutiny on mutual funds by asking whether they mis-sold certain fund categories to investors, according to several industry executives aware of the matter. The categories under the lens include small-cap funds, retirement funds, credit risk funds and lock-in funds.

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