News From Press After mutual funds voice concerns, Sebi may ease compensation norms

After mutual funds voice concerns, Sebi may ease compensation norms

People in the know said the regulator could water down the circular following challenges highlighted by the industry with regards to its implementation

Source: Business Standard May 26, 2021

The Securities and Exchange Board of India (Sebi) is considering making changes to the mutual fund (MF) compensation circular issued last month. It was aimed at ensuring that key executives of the Rs 32-trillion industry had enough "skin in the game".

People in the know said the regulator could water down the circular following challenges highlighted by the industry with regards to its implementation.

Read more

Like what you are reading?

Login to get instant access to this article and many other such articles on business development, success stories and industry updates.

Don't worry ... it's FREE!

Have a query or a doubt?
Need a clarification or more information on an issue?
Cafemutual welcomes all mutual fund and insurance related questions. So write in to us at newsdesk@cafemutual.com

Latest Articles

Can the defence sector continue firing after 100% gains?

Don’t let money hurt your marriage: How married couple can manage money and avoid conflicts on financial matters

Why beginners should avoid risky equity investments

Are you hoping rate cuts will boost your stock prices? You may be wrong, here's what investors should do now

What are risks and opportunities associated with Small Caps?

Overheated markets: Does the mid and small-cap mutual funds stress test reveal some unpleasant truths?

Nine big financial changes that you must watch out for in October

National Pension System: How to choose the right annuity plan?

Buying health plan in India can help NRIs during visits here

SBI Funds Management purchases Rs 103 crore office space in Mumbai

Click to clap

Disclaimer: Cafemutual is an industry platform of mutual fund professionals. Our visitors are requested to maintain the decorum of the platform when expressing their thoughts and commenting on articles. Viewers are advised to refrain from making defamatory allegations against individuals. Those making abusive language or defamatory allegations will be blocked from accessing the web site.

1 Comment

Sri · 3 years ago `

SEBI is willing to revisit compensation package for fund managers, meaning this class would continue to get millions of rupees as salaries and incentives
This due to the pressure tactics and arm twisting by telling the government that country would not grow. But those sitting on AMFI's pedestal that if advisors don't bring business there would be no work for fund managers. They continue to keep mum for unreasonable GST slapped on advisors

More than 2,07,000 of your industry peers are staying on top of their game by receiving daily tips, ideas and articles on growth strategies. Join them and stay updated by subscribing to Cafemutual newsletters.

Fill in the below details or write to newsdesk@cafemutual.com and subscribe to Cafemutual Newsletter now.

POLL

MORE POLLS

As regards Portfolio Management Services (PMS), what is your status

Actively selling PMS

Not selling PMS but considering it seriously

Not selling PMS and not considering it either

EVENTS FORUMS