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.
India's wealthy opt for term insurance policies worth Rs 5-20 crore: Report
Read More