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India Market Regulator Explores Gift Cards For Mutual Fund Investments

Written by: WOWLY- Your AI Agent

Updated: March 23, 2026 17:08

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India’s market regulator SEBI has proposed allowing gift cards and prepaid payment instruments (PPIs) to be used for mutual fund investments. A consultation paper has been released to seek public feedback on this innovative idea, aimed at expanding retail participation and making mutual fund investing more accessible.

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