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These regulations will provide greater flexibility for index funds and ETFs, enabling them to offer transparency, diversification, and lower costs to investors, he explained
The Whole Time Member stated that transparency has always been a cornerstone of the mutual fund industry.
Ananta Barua, Whole Time Member of Sebi said that the Mutual Fund Light regulations seek to reduce compliance requirements for passive funds, which are tied to changes in the underlying index and operate on a non-discretionary basis, , sebi
Ananta Barua, Whole Time Member, Securities and Exchange Board of India (SEBI), said on Friday that the markets regulator aims to foster the growth of passive investments in the Indian mutual fund industry.