Ch.5 · SID, SAI and KIM Documents · hard
What is the 'SEBI circular on mutual fund lite' framework for passive schemes?
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EXPLANATION
SEBI proposed a 'Mutual Fund Lite' framework to create a separate, lighter regulatory path for passive-only AMCs (offering only index funds and ETFs). The lower entry barriers (net worth, eligibility) aim to increase competition in passive investing and bring costs down further for investors seeking index-based returns.
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