SEBI’s whole-time member Amarjeet Singh warns mutual fund distributors against mis-selling practices and stresses that “growth without trust” is unsustainable. He urges distributors to focus on investor suitability and transparency rather than prioritising rapid customer acquisition.
In his remarks, Singh calls on distributors to ensure recommendations align with investors’ needs and risk profiles. He also emphasizes that clear disclosure and communication are central to protecting investors and supporting long-term outcomes for mutual fund clients.
While the report focuses on Singh’s message, the core theme across coverage is the regulatory push for stronger distributor standards. The warning targets how mutual fund sales are conducted and seeks to reduce practices that may lead to investors receiving products that do not fit their circumstances. The emphasis remains on compliance, suitability checks, and long-term investor interest.
