‘Some changes in RGESS can be very useful’
We are confident that over a period of time we will see increased inflows from smaller cities.
The Securities and Exchange Board of India is planning to introduce product labelling for Mutual Funds. Any comments?
We will not be able to make any comments till this is made into a regulation as it is still under the consideration of Sebi. However, such an initiative will be very investor friendly.
AMFI has suggested putting colour codes for MFs to assign their risk grade. How will this help investors?
It would help investors reasonably assess the risk of a product in a simple manner.