This move is part of SEBI's efforts to bring transparency into the process of mutual fund fee structuring as well as doing away with redundant rules and regulations. (Photo: NDTV Profit) Show Quick Read Summary is AI Generated. Newsroom Reviewed

The Securities And Exchange Board of India (SEBI) proposed measures restructuring the way mutual fund fees are paid among other related measures on Tuesday.

The regulatory body published a consultation paper stating that mutual funds should exclude brokerage and tax charges from the annual fee that customers have to indirectly pay to them to access its services.

Statutory levies like Securities Transaction Tax, Goods and Services Tax (GST), Commodities Transaction Tax, and stamp duty are proposed to be excluded from Total Expense Ratio limi

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