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With 30 funds and a combined asset under management (AUM) of over Rs. 2.56 crore, the flexi-cap funds provided an average return of 14.34 per cent in a year, AMFI data shows
After studying India’s Rs 40 lakh crore mutual funds sector, SEBI has unearthed data on performance, churn, and brokerage paid to justify some radical proposals to reimagine the total charges collected from investors. Moneycontrol takes a closer look at what the numbers revealed.
If you don’t make money from your mutual fund scheme, should your fund manager be making any? That’s the idea behind the performance-linked fee, which promises to be a game changer. The challenge will be in its implementation.
The market regulator has also told Alternative Investment Funds to disclose the distribution fee or placement fee, if any, to the investors at the time of onboarding
Sebi asked AIFs to disclose distribution fees to the investors at the time of on-boarding.