Sebi considers review of categorisation of mutual fund schemes to address overlap

SEBI (Securities and Exchange Board of India) is considering a review of the categorization of mutual fund schemes. This potential review aims to further streamline and rationalize the existing scheme categories, which were introduced in 2017 to bring uniformity and make it easier for investors to understand mutual fund products. Any changes would likely focus on enhancing clarity, reducing complexity, and improving transparency in the mutual fund industry.