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via economictimes.indiatimes.comAsset Management

SEBI's new direct mutual fund rule kicks in from November 1

FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM

SEBI has directed mutual fund houses to make direct plans the default option on their digital platforms from 1 November. Here is what changes for investors and whether they should switch, as reported by ET Bureau. New rule

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralThe new direct plan default rule may shift flows between distributors and mutual funds in India.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01SEBI has directed mutual fund houses to make direct plans the default option on digital platforms.
  2. 02The rule takes effect from 1 November.
  3. 03The article assesses what changes for investors and whether they should switch.

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