Kolkata: The mutual funds industry does not see any reduction in the inflows of funds after the proposal of long term capital gains tax (LTCG) and...

Industry experts attributed growing participation from retail investors, especially from small towns, huge inflows into equity schemes and several measures taken by markets regulator Sebi as well as campaigns by asset management companies (AMCs).

In order to promote the sagging mutual fund industry, finance ministry may advise the market regulator the Securities and Exchange Board of India...