The Securities and Exchange Board of India (SEBI) on June 01, 2023, issued an extension of the timeline for submission of public comments on the consultation paper on the Review of Total Expense Ratio charged by Asset Management Companies (AMCs) to unitholders of schemes of Mutual Funds to facilitate greater transparency and accrual of Interest of economies of scale to investors.
SEBI had placed a consultation paper for Review of the Total Expense Ratio charged by Asset Management Companies (AMCs) to unitholders of schemes of Mutual Funds to facilitate greater transparency and accrual of interest of economies of scale to investors on its website on May 18, 2023, seeking comments by June 01, 2023. It has been decided to extend the timeline for the submission of comments to June 08, 2023.
