Ministry of Consumer Affairs, Food & Public Distribution vide press release dated 10 April, 2023, has issued directions to ensure that BIS Certification is enforced on required products for consumer safety. State heads should ensure that BIS Certification is enforced on required products. Greater focus is given to consumer safety in north eastern states.
SEBI Introduction of a Mutual Funds Lite (MF Lite) framework for passively managed schemes of Mutual Funds
The new “Mutual Funds Lite” (MF Lite) framework has been designed to cater specifically to passively managed mutual fund schemes, providing a relaxed and simplified