Equity mutual funds: India 3rd least expensive

You are wrong...we are the second most expensive since we and JAPAN have the same TER so we are at par with them. So we are the second most cheapest in terms of TER. Why SEBI wants it lower still is a big question. Oh yes this will benefit few AMCs at the cost of a lakh of distributors and IFAs and also at the cost of cores of investors because by reducing TER only will not create wealth for them. They have to regulate and reduce salaries of all the fund houses employees and pass on the benefit to investors and also reduce their own salaries and pass them on to the investors as well. Then there would be value in this proposition. This would create lot of wealth for investors.

Will SEBI do this?