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The Economic Times

Personal Finance / The Economic Times

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Sebi simplifies gifting of mutual funds. Here's what it means for investors

Sebi has proposed a new Gift PPI framework that will allow investors to gift prepaid instruments that can be used exclusively to buy mutual fund units. The move aims to boost financial inclusion, attract first-time investors, and encourage a shift from gifting consumption to gifting investmentsthough strict limits and compliance norms apply.

27 Mar 2026 1:49 pm