Friday, July 13, 2012

Online applications, wider distribution for IPOs on cards

You will be able to invest in an initial public offer electronically. Markets regulator Securities and
Exchange Board of India (SEBI) has said implementing e-IPOs is next on its agenda to revitalize the primary market. Meanwhile, the regulator also indicated it is considering increasing the expense ratio limit, as well as providing mutual funds greater flexibility on expenses, within the overall limit.

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