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Pratip Kar: Mutual suspicion to mutual trust
It is an opportune time for the mutual fund industry and the regulator to sit together and work out changes in an atmosphere of trust. Mutual fund houses in India are feeling unloved. Having been in this state for close to a year now, they, along with their distributors, are in a state of lugubriousness, of the type generally associated with a severe absence of vitamin B. The reason can be broadly