Sebi weighs allowing mutual fund distributors to become investment advisers
SEBI left its position unchanged in a mutual funds development.
· LiveMint Markets
If implemented, the move will allow individual MFDs to hold dual licences, similar to those held by institutions and other non-individual entities.
The analysis
Fund flows and NAV moves show where domestic retail conviction is actually going, month after month.
Why it matters
- With SEBI involved, this carries a regulatory dimension that can outlast the immediate market reaction.