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Sebi Eases Mutual Fund Withdrawals

Sebi Eases Mutual Fund Withdrawals

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Sebi has allowed investors holding mutual fund units in demat accounts to set up standing instructions for SWPs and STPs, bringing greater convenience and flexibility. Highlights The Securities and Exchange Board of India (Sebi) has announced a major investor-friendly reform by allowing standing instructions for Systematic Withdrawal Plans (SWPs) and...

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