As part of efforts to bring transparency and make mutual fund investing cheaper, capital markets regulator SEBI has proposed a sweeping overhaul in the way mutual funds are managed in the country.

The capital market watchdog has floated a consultation paper on a comprehensive review of SEBI (Mutual Funds) Regulations, 1996. The review is aimed at simplifying rules, rationalising costs, and ensuring that more benefits flow directly to investors.

SEBI has suggested tightening the cost structures for fund houses so that more benefits reach investors directly. At the heart of these proposals is a push to reduce overall fund expenses and bring greater clarity on charges.

Significant cut in brokerage and transaction costs for MF investors

The regulator has proposed a reduction in broker

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