The advisory from Amfi came after a nudge from markets regulator Securities and Exchange Board of India (Sebi), said industry players.
According to the Amfi advisory, mutual funds should moderate inflows into these schemes and also rebalance the portfolio.
Also, they should ensure that investors are protected from the first-mover advantage of redeeming members.
"In the context of froth building up in the small and mid-cap segments of the market and the continuing flows in the small and mid-cap schemes of mutual funds, trustees in consultation with Unitholder Protection Committees of AMCs, shall ensure that a policy is put in place to protect the interest of all investors," the advisory said.
THE MID-CAP INDEX closed at 39,019.19, down 724 points or 1.82%, whereas the small-cap index closed at 44,998.14, down 890 points or 1.94.% According to Dhirendra Kumar, CEO, Value Research, the markets regulator keeps on sensitising the mutual fund industry on these issues occasionally to ensure that there isn't overexcitement in the market.
هذه القصة مأخوذة من طبعة February 29, 2024 من Financial Express Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة February 29, 2024 من Financial Express Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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