Mutual funds caution: Sebi chief warns against fraudulent redemptions; promises incentives for women investors

Sebi chairman Tuhin Kanta Pandey has alerted mutual funds about rising operational risks like fraudulent redemptions, urging vigilance and swift action. Sebi is planning incentives for first-time female investors and those in B30 cities to boost financial inclusion. The regulator is also reviewing scheme categorization for clarity and simplifying regulations to ease compliance while protecting investor interests.