Important News for Mutual Fund Investors, Changing Rules

Business Desk: If you invest in mutual funds, this news is important for you. Market regulator SEBI is contemplating balanced changes in the rules regulating brokerages fees for mutual fund schemes. In October, SEBI proposed reducing the fees charged by 12 basis points to 2 basis points for brokers appointed by mutual fund houses. The aim of this step was to reduce the cost of mutual fund schemes, increase investors’ net returns, and ensure transparency in fee structures.

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