Sebi bans mutual fund scheme launches till pool accounts are discontinued - Moneycontrol

After giving more time to mutual funds and distributors to implement the pool account rule till July 1, Sebi asked mutual funds to stop launching any new schemes till the new alternate mechanism is implement

The capital markets regulator Securities and Exchange Board of India (Sebi) has barred the launch of mutual fund schemes till at July 1. In a letter to the industry body Association of Mutual Funds … [+1232 chars]

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