Madhabi Puri Butch
SEBI: Investors are upset with the continuous major decline in small and mid -cap stock. They do not understand what to do if they do now? Now the statement of the capital market regulator i.e. SEBI chief has come on this. Madhabi Puri Buch, chairperson of the Securities and Exchange Board of India (SEBI), said the Capital Securities and Exchange Board of India (SEBI) recently had ‘no need to comment on the huge decline in small and mid -cap stock. In March last year, Buch cited his statement on the high valuation of the same shares, saying that SEBI had expressed his concern over the high evaluation when he felt the need for it.
We had earlier agreed to investors
At an event in the Association of Mutual Funds in India (Amphie) here, Buch said, “Regarding the mid -cap and small cap, I think a time came when the regulator felt the need to make a statement, made a statement.” Went. Today, the regulator does not feel any need to make additional statements. ” Recently, shares of small and medium companies have seen a decline, some stocks have fallen by more than 20 percent. In a comment from the regulator in March 2024, Buch expressed concern over high evaluation. He had said, “There are piles of foam in the market. Some people call it bubble, some call it foam. It is probably not appropriate to let that foam become. ”
SIP has no intention of compulsory
Meanwhile, Buch also said that the regulator has no intention of making the recently launched systematic investment plan (SIP) mandatory for mutual funds. When he was asked about giving huge incentive to a particular plan by a mutual fund distributor, Buch said that the regulator is not willing to intervene in any such scheme, but he clarified that action was taken on any aspect like sure returns. Will go
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