Election Day- Use Code DEMOCRACY24

Register Now

SEBI introduces framework for Direct Mutual Fund Investment Platforms

Published on June 15, 2023
Current Context: SEBI has introduced a regulatory framework for Execution Only Platforms (EOPs) for facilitating transactions in direct plans of schemes of mutual funds.The core idea is to protect the interest of investors dealing in units of direct plans of mutual fund schemes.
SEBI introduces framework for Direct Mutual Fund Investment Platforms
  • The EOPs allow transactions in direct plans of mutual funds without the help of distributors.
  • SEBI has issued various guidelines and eligibility criteria for EOPs, such as registration, disclosure, grievance redressal, etc.
  • The framework was introduced on December 20, 2022 and will be effective from April 1, 2023.

Question:

Q.1 What is the name of the market regulator that introduced the regulatory framework for EOPs?
a. RBI
b. SEBI
c. IRDA
d. PFRDA
ebook store

About us

ramandeep singh

Ramandeep Singh, your guide to banking and insurance exams. With 14 years of experience and 5000+ selections, Ramandeep understands the path to success, having transitioned himself from Dena Bank and SBI. He's passionate about helping you achieve your banking and insurance dreams.

  • Follow me:
Close Menu
Close Menu