Sebi’s mutual fund reclassification: What are the changes?2 min read 20 Jun 2018, 06:47 PM IST
Around 20%-30% of mutual fund schemes have seen a change in investment style after the Sebi-mandated recategorisation exercise.
Mumbai: Are you wondering why you are getting name change and category change emails from your fund house? Last month, based on the instructions of the Securities and Exchange Board of India (Sebi), mutual fund houses recategorised their schemes. What does mutual fund reclassification mean for you and how does it impact you?