SEBI plans to enable salaried employees to invest in mutual funds through payroll deductions, streamlining Systematic Investment Plans (SIPs) similar to EPF or NPS contributions.

SEBI's proposal allows employers to invest in mutual funds on behalf of employees, enhancing workforce savings and market participation.

Sebi has proposed a framework allowing salaried employees to invest in mutual funds through salary deductions, similar to EPF and NPS. This initiative aims to simplify investing…

SEBI plans to enable salaried employees to invest in mutual funds through payroll deductions, streamlining Systematic Investment Plans (SIPs) similar to EPF or NPS contributions.

The SEBI proposal also seeks to permit investors to contribute to a social cause through a part of the subscription amount of the mutual fund or the scheme’s return.

SEBI proposes limited third-party payments in mutual funds through salary deductions, distributor commissions in units and social-cause contributions.