The Securities and Exchange Board of India (SEBI) on December 23, 2022, issued a notification regarding initiation of Study of fees and expenses charged by Mutual Fund.
The following has been stated namely: -
• The study shall endeavour to provide data as input for policy formulations.
• The policies would seek to balance the need for facilitating financial inclusions, encouraging new participants, leveraging economies of scale, encouraging adoption of technology, discouraging cross-subsidization across schemes, closing arbitrage opportunities if any, and curbing malpractices if any.
[PR No. 40/2022]
