Sebi Chairperson Madhabi Puri Buch has highlighted issues regarding mule accounts and inflated subscription numbers in IPOs and said that Sebi would act soon against wrongdoers
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
BT MPW 2023: From gender inclusion, role models to 70-hour work week, pay parity and much more, watch Nandini Piramal, Falguni Nayar, Zia Mody, Kalpana Morparia as they share insights.
Buch hailed mutual fund SIPs as a great tool for financial inclusion. "In the external marketplace, I think the most important piece that I would like to see happening is greater financial inclusion."