The Securities and Exchange Board of India (Sebi) is on the verge of introducing MF- Lite regulations for passive funds, its chief Madhabi Puri Buch said on Thursday.
“We had a very detailed consultation on that and if as a part of that you feel that there needs to be relaxation in terms of how to do distribution of those kind of passive funds. We are open to any kind of suggestions so that we can facilitate growth of these funds across the country,” Buch said at an industry event.
