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SEBI Plans Tweaks In Mutual Fund Classifications And Easing Business Restrictions On AMCs

  • The Securities and Exchange Board of India (SEBI) plans to make tweaks in the mutual fund classification mechanism.
  • SEBI is also looking to ease the restrictions in regulation 24(b) of SEBI's Mutual Fund Regulations.
  • The market regulator is considering adopting a conducive regulatory approach for collaboration with the industry.
  • SEBI recently introduced financial inclusion reforms, including Choti SIP and Tarun Yojana.

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