News From Press Sebi lowers expenses charged by Mutual Funds to increase penetration

Sebi lowers expenses charged by Mutual Funds to increase penetration

Source: Economic Times Jun 6, 2018

Markets regulator Sebi has drastically slashed the additional expense charged by mutual funds to just 5 basis points to help increase the penetration of such products among investors.

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1 Comment

Prashant · 5 years ago `

Haha...do people were not investing because of 15 paise additional charge and now because if this reduction crores of people will start investing. Also AMCs did not lose anything because they passed on the entire reduction to distributors and SEBI is happy doing that because they want to eradicate us

Shame shame shame

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AMCs can pay trail commission to the new distributor if investors initiate transfer of their assets. How will this impact you?

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