Sebi working on AI tool to curb misselling by mutual funds, says Chairperson Buch
"We are working on the question of misselling that may happen by a mutual fund distributor or an agent or by someone who is the responsibility of the mutual fund," Buch said while speaking at the fourth Global Fintech Fest here.
At present, mutual funds submit essential data to Sebi periodically with respect to compliance with regulations. Image Courtesy: Reuters.