According to the data from the Association of Mutual Funds in India (AMFI), the share of SIP linked AUM in the total mutual fund (MF) industry AUM expanded to record 16.1% in July compared with the long-term average of 11%.
Sebi plans simpler rulebook for stock exchanges, doing away with obsolete provisions
Sebi is simplifying stock exchange rules to boost business ease. The regulator plans to consolidate multiple circulars into a single master document, removing outdated provisions