Sebi had granted the in-principle approval last year to IMFI , which was challenged before the Tribunal by another applicant FPSF.

Assets under management of mutual fund distributors could nearly triple from Rs 8 lakh crore to Rs 23 lakh crore by 2020

The report estimates life insurance distribution premium could also triple from Rs 3 lakh crore to nearly Rs 9 lakh crore.

The SRO will assist Sebi and AMFI in regulating fund distributors and ensuring a cordial relationship with mutual fund houses.

The decision to set up an SRO followed concerns about MF distributors not being regulated and rising complaints against them for mis-sellin...

More than 80% of investors in the country are satisfied with their mutual fund schemes, a survey by trade body of financial distributors sa...

SRO for the mutual fund industry will help increase its reach, Bajaj Capital Vice-Chairman and Managing Director Rajiv Bajaj said today.

Mutual fund distributors have realised the importance of a union body to hold their own against the mutual fund lobby and its parent body A...