Opinion | SEBI is to blame for high mutual fund expense ratios

So our brokerage or commissions are lower than the world average? This means that SEBI is just helping AMCs to make lots of profits by cutting down our commissions. Also what about smaller AMCs and smaller distributors? How will they manage the cost? This is an absolutely buyest article. Why should we look around the world for formulating the policies related to hard earned money of our investors and not do a proper and extensive survey here to find out and understand and formulate the policies accordingly? Why are we paying hefty salaries toofficials? Is it just to look around the world and bring in the policies they like? We can do that on our own and do not need so much money to be wasted on them. It is high time for SEBI to conduct an extensive survey on direct plans to understand how many people have been benefitted and how many actually lost money and whether should they promote direct plans or should they stop them completely?

Dear Concern,

Government should have to reduce the salary package of government
employees in all the departments and politicians and it should be as
per GDP per capita income. The salary payment to government employees
is increasing continuously. The payment goes to government employees
and politicians is public money which they are getting in terms of
different high taxes. If their salary and other benefits reduced, then
it must effect in reducing the taxes.

Government have not the money for development but they have the money
to make the payment to government employees and politicians. If their
salary and other benefits calculated, it would be in billion per
month. Reduced amount will help in increasing the employment and
helping the development of country and social services.

I need everyone support to raise this petition as the amount pays to
government employees and politicians is the public hard earned money
and it must be investing in development of India.

I am still confused about sebi's intend to cut the expense ratio because if they want to increase the investors return or only want to minimize the distributor commission.
If by cutting the expense ratio they gauranteed good return to the investors then it is okay otherwise it make no sense. If a fund is continuously delivering good return depite of existing expense ratio then what's wrong.
Therefore I request sebi officials to take very good eye on funds performance and their objectives.