At first instance SEBI shouldn't have allowed fund houses to float duplicate objective schemes,why these AMC's are bullying innocent people to invest by floating such fancy name schemes,& now when FII's(foreign investors) are withdrawing their investments ,on falling short of funds these AMC are combining & merger schemes ? why introduce such duplicate schemes SEBI should fine them ,Was SEBI sleeping when they came out with such dubious NFO's in the market?or is SEBI is also hand in hand with them.? Nothing is in interest & favour of the poor retail investor!!!
