SEBI will assess the applicable expenses ratio for mutual fund schemes
Aug 13 2018
News Category: Regulatory Updates
According to media reports, the Securities and Exchange Board of India will assess the applicable expenses ratio for mutual fund schemes and undertake a go-green initiative by supporting digital transactions as a measure to bring cost efficiency. Among others, the market regulator will also consider examining practices including governance, risk management, due diligence method and distribution channel of the industry.