Blog

With an aim to protect mutual fund investors against misuse of their investments, the SEBI has decided to discontinue the usage of pool accounts by all platforms in transactions of mutual fund schemes. In addition, stock brokers/clearing members facilitating mutual fund transactions shall not accept mandates for SIPs or Lumpsum transactions in their nameWith an aim to protect mutual fund investors against misuse of their investments, the SEBI has decided to discontinue the usage of pool accounts by all platforms in transactions of mutual fund schemes. In addition, stock brokers/clearing members facilitating mutual fund transactions shall not accept mandates for SIPs or Lumpsum transactions in their nametaxmann.com Latest Statutory HappeningsRead More