New Delhi: Market regulator SEBI has proposed a major change in the way mutual funds are charged on Tuesday. In this, there will be significant changes in how fund houses charge fees from investors and the Total Expense Ratio (TER) will be reduced. Its purpose is to simplify the rules, increase transparency and reduce the total cost of investors. SEBI said in a consultation paper that these changes will facilitate compliance and bring regulatory clarity. Comments have been asked from the public till 17 November.

The impact of this draft from SEBI was seen on small asset management companies. The shares of HDFC AMC, Nippon Life AMC and Aditya Birla AMC have fallen by up to 10%. Let’s understand in detail what are the new rules of SEBI?

Mutual Fund: TER’s Impact on brokerage charges

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