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23. ''This framework ensure that the interest of investors , especially retail investors , is protected and there is complete disclosure and transparency in every aspect of Mutual Funds' functioning .'' In this context , explain the need for investor protection regulations.
Ans: Mutual Fund is one of the biggest investment avenue for thousand of investors .In any country, Mutual Funds play a great role in capital formation , which is essential for a healthy financial market. To ensure a healthy financial market, there is a great necessity of a regulator , to protect the interest of the investors and create confidence among the investors.