Listen to this article
SEBI has initiated its study of fees and expenses charged by the fund houses. The study aims to facilitate financial inclusion, encourage new players and plug loopholes if any.
In a press release, SEBI said, “As an ongoing exercise to continuously align the regulatory provisions to reflect the market dynamics and their impact on investor interest, SEBI conducts various reviews in consultation with the stakeholders.”
SEBI further said, “The study shall endeavour to provide to provide data inputs for policy formulations. The policies as always would seek to balance the need for facilitating financial inclusion, encouraging new participants, leveraging economies of scale, encouraging adoption of technology, discouraging cross-subsidization across schemes, closing arbitrage opportunities if any, and curbing malpractices if any.”
SEBI will use these findings to suggest policy measures after consultation with stakeholders and public comments, said the market regulator.
