Sebi is on the war path to lower mutual fund costs4 min read 24 Oct 2018, 06:15 AM IST
What is good for the consumer can’t be bad for the mutual fund industry and intermediaries
Starting soon your mutual fund will cost less. The capital market regulator, the Securities and Exchange Board of India (Sebi), has put out rules that further tighten the mutual fund industry norms to take care of the loopholes found and misused by the industry. You can read the circular here. There are four changes that impact you.
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