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  • News From Press Mutual fund reach & B15 cities: Beyond 15, a lot to look for

    Mutual fund reach & B15 cities: Beyond 15, a lot to look for

    Source: Indian Express Apr 29, 2016

    It has been a little over three years since Sebi (Securities and Exchange Board of India) introduced the landmark regulation towards deepening mutual fund penetration in the hinterland of India. Steps such as mandating mutual funds to set aside two basis points of their daily net assets for investor education and awareness initiatives and introducing the district adoption programme helped in striving for financial inclusion in the context of mutual funds. 

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