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Need to focus on retail buyer: UK Sinha

SEBI is careful about regulations being implemented by mutual funds and not too many violations are being committed by mutual funds, SEBI chairman UK Sinha says

June 26, 2014 11:32 IST | India Infoline News Service
SEBI Chairman UK Sinha today said that the regulator has recommended tax measures for mutual fund industry to the government.
We want PSUs and banks to park excess funds with mutual fund industry, Sinha added.
SEBI is careful about regulations being implemented by mutual funds and not too many violations are being committed by mutual funds, Sinha further said.
Speaking at a Mutual Fund Summit in Mumbai, SEBI has given soft warnings to mutual funds in the event of violations.

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