Say no to NFOs, buy direct plans and seek suggestions from Sebi RIAs

Quick Summary:

Sebi's new rule is a positive step towards investor protection.

Another factor enabling mis-selling is the lack of financial literacy among investors, who often do not scrutinise the products they buy.“Mis-selling always occurs where there is mis-buying,” says M.

Now, distributors switching investors from one fund to another will receive the lower commission of the two schemes.“Sebi’s new rule is a positive step towards investor protection.

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Article Details

Category: BusinessFinance

Markets: India

Topics: SEBI Total Expense Ratio NFO new rules Asset management companies (AMCs) SEBI NFO rule updates The Securities and Exchange Board of India SEBI new nfo rule SEBI new rule

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-23 @ 19:58:03 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 621 words

Reading Time: 4 minutes read

Sentences: 27 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 24599081

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About Business Standard

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 279 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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