SEBI discontinues children’s and retirement mutual fund category, revamps scheme classification rules
The markets regulator said that the solution-oriented category stands discontinued from the date of the circular. Existing schemes under this segment will immediately stop accepting fresh subscriptions. These schemes will now be merged with other schemes that have similar asset allocation and risk profiles, subject to prior approval from SEBI.
What's Your Reaction?
Like
0
Dislike
0
Love
0
Funny
0
Angry
0
Sad
0
Wow
0
Admin
तेज रफ्तार न्यूज देश का बोलबाला
