Bangladesh, Aug. 9 -- Mutual funds are gaining renewed investor attention, as regulatory reforms aimed at strengthening governance, safeguarding fund assets, and improving accountability appear to be restoring confidence in the sector.

Advertisement Market participants say the Bangladesh Securities and Exchange Commission's (BSEC) recent measures have addressed some of the key concerns that kept discouraging investors for long from investing in mutual funds, particularly over security and custody of fund assets.

The DSEX, the benchmark index of the Dhaka Stock Exchange, increased 3.7 per cent over the six weeks through August 6 while mutual funds' sectoral gain is above 30 per cent during the same period. Many mutual funds advanced mor...