News From Press New Asset Class: Distributors need training, certification to sell, say fund managers

New Asset Class: Distributors need training, certification to sell, say fund managers

Source: Moneycontrol Oct 24, 2024

While the Securities and Exchange Board of India (SEBI) has allowed mutual funds to offer products under the New Asset Class category with strategies that fund houses were not permitted earlier, industry sources believe that the distribution part of the segment needs to be worked upon.

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