The decisions were taken at the annual general body meeting of Amfi and were communicated to fund houses by the association CEO H N Sinor.
As the Budget draws near, every sector wants the Finance Minister to address concerns that threaten the longevity of that industry... and the mutual fund industry is no exception. CNBC-TV18’s Mitra Joshi and Payaswani Upadhyay find out what's on the industry's wishlist.
Quote on the budget from Sandesh Kirkire, CEO, Kotak AMC