The rise of retail investors in the financial markets has sustained the capital formation cycle in India, said Ananth Narayan G, Whole-Time Member of the Securities and Exchange Board of India (SEBI).
"To accommodate passive investments, such as index funds and ETFs, SEBI is introducing Mutual Fund Light regulations," said Ananta Barua, Whole Time Member, SEBI, who was the chief guest at the inaugural session of Assocham's 15th Mutual Fund Summit 2023 on Friday.