Who Regulates Mutual Funds in India
Hey Pricemint forum! 🌟 Can someone please share insights about the regulatory authority that oversees and regulates mutual funds in India? We’d love to know more about how mutual funds are governed in the country. Thanks
Mutual funds in India are regulated by the Securities and Exchange Board of India (SEBI). SEBI is the country’s primary regulatory authority for securities markets and ensures the oversight and compliance of mutual funds with established regulations. SEBI’s responsibilities include registering and supervising mutual funds, setting investment guidelines, enforcing disclosure requirements, monitoring compliance, and safeguarding investor interests. This regulatory framework ensures transparency, fairness, and investor protection within India’s mutual fund industry, promoting the stability and credibility of this vital investment avenue for millions of investors in the country.
