Sunday, May 17, 2009

REGULATORS IN INDIA OF MUTUAL FUNDS:


First and foremost the major regulator of mutual funds in India is SEBI. And funds belonging to any bank like SBI mutual fund or HSBC mutual fund then both SEBI and RBI are the regulators. Ownership of the asset management company is by the bank.
Other regulators:

▪ Ministry of finance.

▪ Company law board

▪ Department of company affairs.

▪ Registrar of companies.

▪ Charity commissioner.

▪ Stock exchanges

▪Trustee’s of mutual funds

▪ Office of public trustee.

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