MFS must perform before the push for a performance-based fee structure
SEBI proposes performance-linked fees and revisiting total expense ratio of asset management companies. But underperformance of equity schemes raises questions about the superiority of professional management. A benefit-o-meter approach may be needed to categorise various mutual fund products.
Harry Markowitz Mutual Fund Expense Ratio Performance Linked Fee Mutual Fund Sector Total Expense Ratio
Source: livemint.com