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SEBI Chairperson Madhabi Puri Buch has confirmed that the market regulator will bring a fresh consultation paper on rationalisation of TER.
Madhabi said that the MF industry has demonstrated that economy of scale has been achieved over the last five years. Further, there was a lot of granular data that has come to the market regulator and SEBI has been modifying the existing proposals based on these data points.
The SEBI Chairperson hinted that the new proposals will be released soon and it will bring cheer to the MF industry. She said, “We modified the proposals and I think the industry would be quite pleased to see the new proposals.”
Earlier in May, SEBI has proposed that AMCs should include all additional expenses like GST, brokerage and so on under the TER. The market regulator has also suggested new TER slabs based on size of the fund house
