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  • News From Press Fund houses, distributors jittery about more caps on TER

    Fund houses, distributors jittery about more caps on TER

    Source: Financial Express Feb 15, 2023

     

    The Securities and Exchange Board of India is currently studying the fee taken by mutual fund houses for various schemes, a move that is a tad worrisome for sector players as there may be further reduction in the total expense ratios charged by them from their customers.

    Sebi’s move comes after complaints that distributors are shifting investors to new schemes from old ones to earn higher commissions being offered by some fund houses.

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    2 Comments
    Prashant · 1 year ago `
    Why would fund house be jittery? Their profits jumped when last TER cut was brought. Jult like last time they will pass on the entire TER cut to distributors and make even higher profits. This is the magic of TER cut. AMCs are magicians and SEBI is magic.
    Joseph Diaz · 1 year ago `
    This has to be be one of the most discouraging fields to make a career in, why distributors are even allowed to work is beyond me.
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