'Govt to revise rules for MF trustees'
The stock market regulator is in the process of revising rules for mutual fund trustees, said M Damodaran, chairman of the Securities & Exchange Board of India.
By Bloomberg |
MUMBAI: The stock market regulator is in the process of revising rules for mutual fund trustees, said M Damodaran, chairman of the Securities & Exchange Board of India.
The trustees should take more responsibility, Damodaran told reporters while attending an Indian mutual fund industry conference organized by the Confederation of Indian Industry in Mumbai on Wednesday.
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