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  • News From Press Salary rises for top MF CEOs; loss-making funds also pay big

    Salary rises for top MF CEOs; loss-making funds also pay big

    Source: Economic Times May 3, 2017

    CEO salaries have gone up at the country's biggest mutual funds on robust business growth, but several smaller players making losses or little profit have also paid crores to their top executives. 

    The disclosure follows a diktat from markets regulator Sebi to all fund houses to make public the salaries of their top managements so that investors are aware of the payouts. 
     

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    1 Comment
    Prashant · 7 years ago `
    It seems that fund houses are in a hurry to give away as much money to top employees as possible. This means SEBI has told AMCs that now they are going to regulate salaries also. If they cut expense ratio further, there is no room to cut distributors commissions now I feel. Hence the move?
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