Which among the following body regulates Mutual Funds in India?
Q. Which among the following body regulates Mutual Funds in India?
Answer: SEBI
Notes: Securities and Exchange Board of India (SEBI) regulates mutual funds in India. SEBI was established in 1988 and derived its powers from the Securities and Exchange Board of India Act 1992. SEBI regulates all mutual funds, both private and public sector. SEBI's regulations are designed to protect investors and preserve transparency in the operation of mutual funds. SEBI also regulates India's securities market. The RBI also regulates bank-sponsored mutual funds, especially those that offer guaranteed returns. The Small Industries Development Bank of India (SIDBI) regulates micro, small, and medium enterprise finance companies in India.

 

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