New rules for easier passive mutual fund investing with Sebi's new MF Lite framework
Oct 2, 2024 1:12 PM IST
Sebi's new MF Lite framework will introduce relaxed eligibility criteria, a simplified approval process, and reduced disclosure requirements
The combined assets under management (AUM) of India's mutual fund industry grew over seven times to <span class='webrupee'>₹</span>61.2 lakh crore in June 2024, compared to <span class='webrupee'>₹</span>8.3 lakh crore in December 2013
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