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The Economic Times
The Economic Times
Akash Podishetti

Your employer may soon pay your SIP from salary: Sebi's new mutual fund proposal explained

Capital markets regulator Sebi has proposed allowing employers to directly facilitate mutual fund investments for employees through salary deductions, marking a shift in existing mutual fund payment rules. The proposal is part of a Sebi consultation paper that seeks to relax restrictions around "third-party payments" in mutual funds under specific regulated situations.

At present, mutual fund investments are generally allowed only when money comes directly from an investor's own bank account.

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