Tuesday, 10 December 2013

Sebi cracks down on new funds, asset managers chafe

The market regulator is wielding an unprecedented level of control over how mutual funds operate, delaying new launches and dictating investment strategy, frustrated insiders in the embattled industry say.


http://www.moneycontrol.com/news/market-news/sebi-cracks-downnew-funds-asset-managers-chafe_1006067.html

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