Sebi’s directive to AMFI to protect investors in small, midcaps timely and appropriate, say experts
AMFI, as per a report by Reuters, asked members to moderate inflows into small and mid-cap funds and protect investors from large outflows after strong inflows raised concerns of a potential crash. The industry requested in a letter dated February 27.
Chokkalingam, Founder, of Equinomics Research, opined that it is a good move by Sebi and is in the interest of retail investors, especially when over six crore new investors entered the capital markets in the last two to three years.