Investment advisers can charge fee up to ₹1.25 lakh, says Sebi
According to the Sebi guidelines, new clients will have to choose between distribution and advisory services
The Securities and Exchange Board of India (Sebi) on Thursday capped the advisory fees charged by registered investment advisers (RIAs) at 2.5% of assets under advice, or ₹1,25,000 if they charge a flat fee.
Login to enjoy exclusive benefits!
- Unlocked premium articles
- Personalized news
- Market Watchlist
- Insightful Newsletters & more