SEBI board has cleared E-IPO norms, according to reports.
SEBI Chairman also said that total expense ratio of mutual schemes to be made fungible.
Service tax to be levied on investor not AMC, says SEBI Chairman.
Reports stated that Sebi plans to set up committee for a national mutual fund policy.
Sebi also said that the steps to be taken to expand market reach and allows mutual funds flexibility in using expense charges, says report.