Profit

SEBI aims to widen investor base: HSBC AMC

PUBLISHED ON: August 17, 2012 | Duration: 4 min, 47 sec

  
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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.
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