MF entry load review: Cheer for distributors?

Securities and Exchange Board of India (SEBI) maybe asked to relook at the mutual fund (MF) entry load norms, reports CNBC-TV18’s Siddarth Zarabi quoting sources.
  • Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead Masteryourmoney Earnings
moneycontrol.com

Home » News » Mutual Funds » MF News

Jul 12, 2012, 08.23 AM | Source: CNBC-TV18

MF entry load review: Cheer for distributors?

Securities and Exchange Board of India (SEBI) maybe asked to relook at the mutual fund (MF) entry load norms, reports CNBC-TV18’s Siddarth Zarabi quoting sources.

Like this story, share it with millions of investors on M3

MF entry load review: Cheer for distributors?

Securities and Exchange Board of India (SEBI) maybe asked to relook at the mutual fund (MF) entry load norms, reports CNBC-TV18’s Siddarth Zarabi quoting sources.

Post Your Comments

Share Cancel

Securities and Exchange Board of India (SEBI) maybe asked to relook at the mutual fund (MF) entry load norms, reports CNBC-TV18’s Siddarth Zarabi quoting sources.

Pretty strong chances of this becoming one of the issues that will be addressed on a priority basis.

A sort of extension agenda has been drawn up ever since the prime minister has taken charge of the finance ministry. It is learnt that there will be a meeting that the finance ministry will organize with industry association and stakeholders from the mutual fund community and distributors on July 2.

There has already been a lot of pressure and representations who had spoken about the fact that SEBI former chairman Bhave’s decision, while protecting investors, had caused great problems for mutual fund distribution and that is reflected in some of the numbers that have come out. Ofcourse mutual fund distributors are compensated in some other forms and government some officials say that SEBI will be formally asked to relook at this.

It is difficult to say if entry loads will come back. Whatever is done, it will try and balance the interests of investors but also make sure that the mutual fund industry can get broader and deepened in terms of distributing its products and reaching out to a much larger subscriber base.

Also watch the accompanying video.

Ads by Google

Buy, Hold, Sell ? Hear it first on M3
MF entry load review: Cheer for distributors?

See all

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login