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SEBI allows mutual fund investors to transact on bourses

Apr 24, 2020 13:26 IST

The Securities and Exchange Board of India (SEBI) on Wednesday allowed investors to directly access the infrastructure of recognised stock exchanges to purchase and redeem mutual fund units directly from mutual fund and asset management companies. Industry participants believe that the move will increase flows into direct plans of mutual funds and help the industry penetrate into smaller cities.

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