SEBI asks small-, mid-cap mutual funds to consider limiting one-off client
Thu, Feb 29, 2024 2:54 PM

SEBI asks small-, mid-cap mutual funds to consider limiting one-off client

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India's market regulator has asked money managers to consider restricting one-off investments from clients in small- and mid-cap stock mutual funds and cut commissions offered for their sale, two sources with direct knowledge of the matter said. The Securities and Exchange Board of India (SEBI) communicated this to the money managers in a meeting earlier this month.

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