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SEBI to introduce steps for MF industry in August

SEBI is also in the process of coming up with an e-ipo scheme

July 06, 2012 2:23 IST | India Infoline News Service
Market regulator SEBI (Securities and Exchange Board of India) will introduce a number of measures in August to motivate the mutual fund industry to move into smaller cities—tier II & tier-III.

Rajeev Kumar Agarwal, full-time member, SEBI said at a Capital Market Summit organised by Assocham in New Delhi on 6th July. SEBI is also in the process of coming up with an e-ipo scheme to give a boost to the primary market.
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