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SEBI allows private equity funds as sponsors of mutual funds
(30-Mar-2023, 14:41 Hours IST)  
The Securities and Exchange Board Of India or SEBI has decided to amend mutual fund regulations to provide clarity on the roles and responsibilities of Trustees and board of asset management companies. SEBI has also allowed private equity funds as sponsors of mutual funds. This is aimed at giving greater flexibility to the industry and will also allow a diverse set of entities to become sponsors of MFs.

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