 "Mutual funds, Stock markets, liquidity")
The sixth edition of Global Investor Experience Study by Morningstar -- which assesses individual mutual fund (MF) markets in terms of investor-focused global best practises -- has given ‘average’ grade to India on regulation and taxation.
The study put India in the 'average' pack of countries, which is higher than the grade received by developed countries such as the US, Australia, Japan and Canada. Of 26 markets reviewed for the study, 6 were placed in a higher grade (i.e. top and above average) than India. These included the Netherlands, Sweden, the UK, Belgium, Finland and Norway.
Citing various positives in
