Sebi allows investors to directly transact in mutual fund units on bourses

INSUBCONTINENT EXCLUSIVE:
MUMBAI: The Securities and Exchange Board of India (Sebi) on Thursday said it has allowed investors to directly access stock exchange
infrastructure to purchase and redeem mutual fund units. The markets regulator pointed out that it had earlier allowed mutual fund
increase the reach of the platform, it has been decided to allow investors to directly access infrastructure of the recognised stock
release. Sebi has directed recognised stock exchanges, clearing corporations and depositories to make necessary amendments to their existing
That was a logistical challenge