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SEBI Nudges Mutual Fund Industry to Advertise Direct Plans…

In his last address, outgoing Sebi chief U.K. Sinha said just because he was advocating for direct plans did not mean he was “anti-distributor”
In his last address at the Association of Mutual Funds of India’s (Amfi- the Indian mutual fund industry’s trade body) annual general meeting held in Mumbai on Monday as the chairman of the capital market regulator, Securities of Exchange Board of India (Sebi) chief U.K. Sinha nudged the mutual funds industry to advertise direct plans [….]

In his last address, outgoing Sebi chief U.K. Sinha said just because he was advocating for direct plans did not mean he was “anti-distributor”