Sebi lays down code of conduct for AMCs2 min read . Updated: 30 Sep 2020, 10:43 AM IST
- Regulator tightens rules after MFs fail to safeguard against risk
- The move is expected to translate into lower costs for investors, industry experts say
The markets regulator on Tuesday announced a raft of measures to make mutual funds more accountable, including a stricter code of conduct for fund managers, asset management companies (AMCs) and their dealers.
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