SEBI may allow 2 mutual funds per category:
SEBI may allow 2 mutual funds per category: Here’s how that affects your investments
Under current rules, each AMC can have only one scheme per category, whether it’s a large-cap fund, a mid-cap fund, or a hybrid.
What if your mutual fund suddenly stopped accepting new investments? That’s exactly what could happen if SEBI’s latest proposal goes through and it might change how you choose and stay invested in mutual funds.
In a major shake-up for the ₹46-lakh crore mutual fund industry, SEBI has proposed allowing mutual fund houses to launch a second scheme within the same category — something that’s not allowed today.
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