SEBI revises the mutual fund fee structure for the mutual fund industry
Sep 19 2018
News Category: Regulatory Updates
According to media reports, Securities and Exchange Board of India (SEBI) has revised the mutual fund fee structure and slashed total expense paid by investors to fund houses, which makes the investment more profitable. The reduction in expenses would directly benefit investor as the same would get added to their portfolio value. The mutual fund industry is required to adopt the revised commission across all schemes.