SEBI aims to widen investor base: HSBC AMC
Market regulator SEBI has announced extensive changes in its rules for MFs and IPOs. Investing in mutual funds might become more expensive, but retail investors will be assured of a minimum number of shares in initial public offers. SEBI Chairman UK Sinha said that the board discussed and approved some "very far-reaching reforms", which include steps for expanding the reach of IPOs and MFs across the country. Puneet Chaddha, CEO, HSBC AMC shares his views on NDTV Profit.
