Sebi Chairperson Madhabi Puri Buch on Friday said the capital markets regulator has found that three merchant bankers are frequently indulging in inflating subscriptions during share sales, and promised action against them.
Speaking at an annual convention organised by a lobby grouping of
Yearender 2023: The Securities and Exchange Board of India (Sebi) changed its regulatory architecture, made significant changes across asset classes and initiated radical reforms.
Industry experts believe that while smaller SIPs could be a great entry point for new investors and could enhance penetration of MFs, but they will be viable only if investors move to bigger SIPs over time
"The push towards smaller ticket size SIPs will help improve participation amongst smaller investors which will emanate into further expediting expansion of the retail base in the country," Zerodha Fund House CEO Vishal Jain said.
Mutual funds SIP collection soars to Rs 1 66 lakh crore in 2023; lower ticket size to push inflow - Market News financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.