'Common platform for mutual funds to help investors in service-related transactions'

'Common platform for mutual funds to help investors in service-related transactions'
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Last Updated: Jul 28, 2021, 09:47 AM IST
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Markets regulator Sebi's decision on a common platform for mutual funds will be a big step in the direction of improvement in investor services, industry insiders said on Tuesday. The platform will permit investors to place both transaction as well as service requests.
The regulator, in a circular, on Monday asked registrars and transfer agents (RTAs) to develop a common industry-wide platform for purchase and sale of mutual funds and to handle service requests. The platform will be jointly built by RTAs.

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