SEBI to make direct mutual fund plans default from November 1; reviews IPO and SME listing rules: Reports
The Economic Timesvia NewsData.io
SEBI will make direct mutual fund plans the default option on AMC digital platforms starting November 1, while investors choosing regular plans must be informed about their higher costs. The regulator is also reviewing IPO frameworks, simplifying market regulations and expanding the use of AI to strengthen supervision and investor protection.
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