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SEBI proposes easing third-party payment norms in mutual funds

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SEBI proposes easing third-party payment norms in mutual funds

The Securities and Exchange Board of India (SEBI) on Wednesday proposed easing restrictions on third-party payments in mutual funds by permitting such transactions in select cases, including salary deductions by employers for employee investments and commission payouts to distributors in the form of mutual fund units. The regulator also proposed enabling investors to contribute or donate towards social causes through…

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