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The Economic Times
The Economic Times
Akash Podishetti

Sebi eases rules for mutual fund, SIF distributors with single certification exam

SEBI

Markets regulator Sebi has introduced a single certification examination for persons selling and distributing mutual funds and Specialised Investment Funds, a move aimed at simplifying eligibility requirements for distributors.

Under the new framework, any person employed or engaged in the sale or distribution of Specialised Investment Fund products will need to hold a valid NISM Series V-D – Mutual Fund-Specialised Investment Fund Distributors Certification, Sebi said in a circular on Tuesday.

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