India’s Leading BFSI and FinTech Companies 2022

25 Policy Measures Policy Measures Implications Trustees of mutual fund need to obtain the consent of a majority of unitholders for winding up a scheme. This will help safeguard the interest of mutual fund investors. Eligible Indian fund managers permitted to become constituents of FPIs This will allow Indian fund managers to manage foreign investment funds Relaxation in rules for FinTech start-ups to take up mutual fund business This can facilitate innovation and enhance reach to more investors at faster pace. Switch pricing framework for mutual fund scheme to be effective from April 1, 2022 for open ended mutual fund schemes This will ensure fairness in treatment of incoming, existing and outgoing investors in mutual fund schemes. Dun & Bradstreet

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