CORPORATE LEGAL PRACTICE

SEBI restructures mutual fund advisory committee

Mutual Fund

Markets regulator SEBI has restructured its advisory committee on mutual funds.  The 25-member advisory committee will be chaired by former Deputy Governor of the Reserve Bank of India (RBI) Usha Thorat, according to the latest update with the Securities and Exchange Board of India (SEBI). Earlier, the panel had 24 members.

The regulator has inducted Chairman of NJ India Invest Neeraj Choksi in the advisory committee. Other members include Independent Trustee at SBI Mutual Fund Sunil Gulati, and Independent Trustee at DSP Mutual Fund Dharmishta Narendraprasad Raval.

Source: The Pioneer

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