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SEBI to make product labelling mandatory for MF products news
02 February 2013

The Securities and Exchange Board of India (SEBI) will introduce product labelling for mutual fund products in order to help investors make informed decision on investing after fully assessing the risks or benefits associated with the particular product.

This is part of the capital market regulator's investor education initiatives aimed at derisking the market, SEBI executive director S V Muralidhar Rao said today.

''Product labelling is an important investor education agenda for SEBI. The scheme profile will be given shortly and finally it will be with colour codes,'' Rao said.

Speaking on the sidelines of an ICC seminar in Mumbai, Rao said SBI will soon detail long-term policy on mutual funds.

''SEBI will shortly bring out a long-term policy on mutual funds. That will be basically a taxation issue. The board of SEBI had approved the idea of a long-term policy last year.

''We are going to deliberate on it at the mutual fund advisory committee,'' he said.





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SEBI to make product labelling mandatory for MF products