The Economic Times News

New mutual fund rules are balanced, positive for investors and AMCs: AMFI chairman

AMFI chairman Sundeep Sikka said Sebis revision of mutual fund rules strike a balanced approach, benefiting both investors and fund houses. Key changes include the Base Expense Ratio, lower brokerage caps, and removal of statutory levies from expenses. The framework offers clarity, reduces costs, and supports growth and penetration of the mutual fund industry.