Mutual fund investors News
Investors whose KYC is not based on any officially valid documents must complete their KYC again before March 31.
Retail investors have joined mutual fund schemes through Systematic Investment Plans (SIPs).
Despite unstable market conditions, mutual fund investors have invested in several schemes and got double returns.
Concerned over mutual fund investors' exposure to distressed corporate bonds, markets regulator Sebi on Tuesday asked fund houses to be careful about such investments and said it has launched a wider scrutiny of the risks posed by such investment decisions.
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