FIFA has requested SEBI to allow MFDs time till Mar 31, 2021
Sep 29 2020
News Category: Industry Update
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According to media reports, the Foundation of Independent Financial Advisors has requested SEBI to allow MFDs time till Mar 31, 2021 to comply with the requirement to modify their registered names. In a separate letter, FIFA has also requested the market regulator to introduce a scheme category ‘Flexi-cap fund’. Further, the MFD association has proposed that existing multi-cap schemes be given the flexibility to rename themselves as flexi-cap schemes after due process.

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