The Central Government to Continue to Engage with the Mutual Fund(MF) Industry and SEBI to Make Mutual Fund More Competitive and to Attract Greater Retail Participation ; Special Emphasis to Improve Penetration of MF Products in Tier II and Tier III Cities and to Redress the Grievance of Investors. https://www.taxtmi.com/news?id=3504 The Central Government will engage with the mutual fund industry and SEBI to enhance mutual fund competitiveness, increase retail participation and improve penetration in Tier II and Tier III centres while strengthening investor grievance redressal; immediate measures include energising distribution networks and allowing Asset Management Companies greater flexibility to manage the Total Expense Ratio, with the industry asked to study taxation issues and submit proposals, and medium term plans envisage greater roles for pension and insurance sectors to augment the industry. en-us Mon, 02 Jul 2012 18:06:25 +0530 Mon, 02 Jul 2012 18:06:25 +0530 TaxTMI RSS Generator The Central Government to Continue to Engage with the Mutual Fund(MF) Industry and SEBI to Make Mutual Fund More Competitive and to Attract Greater Retail Participation ; Special Emphasis to Improve Penetration of MF Products in Tier II and Tier III Cities and to Redress the Grievance of Investors. https://www.taxtmi.com/news?id=3504 The Central Government will engage with the mutual fund industry and SEBI to enhance mutual fund competitiveness, increase retail participation and improve penetration in Tier II and Tier III centres while strengthening investor grievance redressal; immediate measures include energising distribution networks and allowing Asset Management Companies greater flexibility to manage the Total Expense Ratio, with the industry asked to study taxation issues and submit proposals, and medium term plans envisage greater roles for pension and insurance sectors to augment the industry. News - Mon, 02 Jul 2012 18:06:25 +0530 https://www.taxtmi.com/news?id=3504