SEBI Chairperson Tuhin Kanta Pandey has stated that the public issue of the National Stock Exchange (NSE) is likely to take place soon. Speaking at an event, he mentioned that the committee set up to recommend a policy on disclosure of conflict of interest is expected to submit its report by November 10.
He further explained that draft regulations on mutual fund fees were released to provide more clarity and address concerns regarding the expense ratio of mutual funds. Pandey added that discussions are underway on ways to encourage investor participation in small-ticket SIPs (Systematic Investment Plans).
Commenting on foreign portfolio investors (FPIs) selling in Indian stock markets, he said there is no major cause for concern, as FPIs typically invest across multiple markets and make decisions based on value considerations.
