Speaking at the launch of Bharat Nivesh Yatra by the Association of Mutual Funds of India (Amfi), she underlined the need to build the corporate bond market ecosystem so that it matches the growth of the equity segment. Highlighting the “sovereign trust” the industry has gained over the years, Buch said mutual funds are a vehicle for financial inclusion and a suitable product for citizens to participate in wealth creation.
The Sebi chairperson urged the industry to use the stewardship code — the framework for MFs and insurance firms to monitor and engage with investee companies — to become the voice of the retail investors.
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