SEBI Chief Urges Investors to Exercise Caution When Buying Direct Mutual Funds

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The chief of the Securities and Exchange Board of India has advised investors to be careful when purchasing mutual funds directly. He spoke at an NDTV Profit event called Ignite. During his remarks, he pointed to a gap between how aware people are of financial products and how many actually take part in the securities market. The source text provided is brief, so further details on specific risks or recommendations are not available.

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