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Community User Posted on 11:45am 21-Dec-2019

Who is the regulator for mutual funds in India? Is it safe to invest in mutual funds?

In India, mutual funds are regulated by SEBI and it is fully safe to invest in mutual funds. There are strict guidelines by the regulator for the Asset Management Companies (AMC), who are managing the fund. There is full transparency related to the fund value, expenses and utilization of the fund as per the objective. Investors can assess the portfolio details, fund value, investment and redemption facilities and other related services regularly through online or through the wide network of AMC and registrar's offices. 

As of Aug 2019, total Asset Under Management (AUM) in mutual fund in India is more than 25 lacs crore. This shows the confidence of the investors and the size of the industry.

 

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