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Personal Finance News

The Economic Times

Personal Finance / The Economic Times

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SEBI's MF-only PMS push broadens retail access to wealth products

Sebi proposes a new Mutual Fund-only Portfolio Management Services category. This new category will invest exclusively in direct plans of mutual funds. The regulator is lowering entry thresholds and permitting global diversification for investors. This move aims to increase transparency and promote a fee-based wealth management model. Affluent retail investors may gain access to products previously for high networth individuals.

27 Jul 2026 6:40 am