Mutual funds caution: Sebi chief warns against fraudulent redemptions; promises incentives for women investors
Markets regulator Sebi chairman Tuhin Kanta Pandey on Friday cautioned the mutual fund industry that beyond market-linked investment risks, operational risks such as fraudulent redemptions by impersonators pose a growing threat to investor confidence.Speaking at an event organised by the Association of Mutual Funds in India (Amfi), Pandey stressed the need for heightened vigilance, urging…