SEBI: Regulatory Framework for Sponsors of a Mutual Fund has been issued to enhance the penetration of the Mutual Fund industry (11.07.2023)

SEBI:

Regulatory Framework for Sponsors of a Mutual Fund has been issued to enhance the penetration of the Mutual Fund industry, and to facilitate new types of players to act as sponsors of Mutual Funds, an alternative set of eligibility criteria is introduced.

[Circular No. SEBI/HO/IMD/IMD-PoD-2/P/CIR/2023/118 dated 7th July 2023]

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