Who Regulates the Mutual Fund Industry in India?
In India, the mutual fund industry is regulated by the Securities and Exchange Board of India (SEBI). Established in 1988, SEBI is entrusted with the task of overseeing and regulating the country's securities market to protect investors' interests and promote transparency. With its stringent guidelines and regulations, SEBI ensures that mutual fund companies adhere to ethical practices and maintain financial stability.
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