Exactly two months before the expiry of the deadline for nominating a nominee for mutual fund folios, Sebi made the process optional for investors who hold accounts in joint mutual fund folios
To promote the ease of doing business, SEBI sought comments from the public on Oct 4 last year on various regulations including mutual fund Regulations. The comments received from the public were later forwarded to the working group for consideration in its final recommendation.
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He will handle various departments including Investment Management Department, Market Intermediaries Regulation and Supervision Department, Office of International Affairs, Investigations Department and Human Resources Department