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Sebi concerned over poor MF penetration
The capital market regulator Securities and Exchange Board of India (Sebi) has expressed concern over the low penetration of mutual funds (MFs) in the country. Sebi Chairman U K Sinha, who was here to inaugurate the regulator’s southern regional office, said, he is worried about the lack of growth in penetration of MFs in the country. At a time when the domestic mutual fund industry is reeling
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