Mutual funds get a structural reset as Sebi introduces new norms

SEBI has revamped mutual fund categories. New rules simplify schemes for investors. Lifecycle funds offer goal-based investing. Existing solution-oriented funds will merge. Fund houses can now offer both value and contra funds with limits. Sectoral and thematic funds also face new overlap rules. These changes aim for greater transparency and easier comparison for all investors.

from Economic Times https://ift.tt/IhXDOVf