News From Press Sebi favours direct MF sales; online platform soon: UK Sinha

Sebi favours direct MF sales; online platform soon: UK Sinha

Source: Economic Times May 26, 2016

Refusing to budge on mandatory disclosure of commissions and other agent payouts by mutual funds, regulator Sebi today said it is in favour of a model where investor buys these products directly without any middlemen and a new online platform for buying and selling these instruments would be in place very soon.

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