The abolishment of the entry load has played a role in the fund industry’s distress, but restoring it is not the solution
Last updated: 14-Nov-2022•Dhirendra Kumar
Back in August 2009, markets regulator SEBI made a wrenching regulatory change to the mutual fund business in India by banning entry load on fund investments. Now, two years later, the mutual fund industry has started speaking out clearly about the business impact of the change. A few days ago, in an interview in this newspaper, the head of AMFI (the fund industry’s association) said that the negative impact of the decision should be debated.
The best mutual fund to invest Rs 15 lakh?
4 min read•By Aakar Rastogi
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