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​Good time for the market, MF right way for entry: Sebi Chairman Ajay Tyagi

​Good time for the market, MF right way for entry: Sebi Chairman Ajay Tyagi

Finance
NEW DELHI: Mutual fund is a very good story in India as assets under management doubled in the last four years, Sebi Chairman Ajay Tyagi told ETNow today. He drove home the point that Sebi has taken up a lot of reforms concerning distributors. “We will also meet AMFI next month as well,” he added. The chief of the Securities and Exchange Board of India called on investors to go the MF way as that's "the right way to enter equity markets". With the BSE Sensex and NSE Nifty at their all-time highs, Tyagi stressed that this is good time for markets. “The Sensex has given the best performance among emerging markets this financial year,” he added. The 30-share index climbed its fresh life high of 36,929.69 today while the Nifty was some 20 points away from its record at...