SEBI HAS LOTS FOR FIRMS, INVESTORS; INVESTMENT ADVISORS UNDER WATCH
- Total expense ratio for MFs made fungible.
- Extra TER of up to 30bps for new inflows beyond top 15 cities.
- Service tax to be borne by investors.
- Exit loads to be credited to the scheme, AMCs can charge extra TER of 20 bps.
- Long-term policy for MFs on the anvil.
- E-IPOs a reality.
- Incentives for ASBA.