Is self-regulation the way forward for the MF industry and intermediaries?
5 years, 5 months ago

Is self-regulation the way forward for the MF industry and intermediaries?

Live Mint  

The topic of the third panel discussion at the sixth edition of Mint Mutual Fund Conclave was: Building Investor Centricity: Regulatory Direction. What has happened in the debt market has somewhat reduced the validity of the ‘Mutual funds sahi hai’ campaign. As market players, we didn’t really appreciate that, but now when I look at it in hindsight, I think as a regulator, he was doing the right thing. Often, they aren’t, particularly in a pass-through industry like mutual funds, where there is no guarantee of any kind. Shah: Even in a pure capitalist market like the US, ‘buyer beware’ doesn’t hold true.

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