96: Sebi bats for the investor: Cut in mutual fund fees, changes in commission payout
In a major overhaul of the mutual fund fee structure, Sebi has announced a reduction in total expense ratio. Not just this, Sebi has also announced that the mutual fund industry must adopt the full-trail model of commission in all schemes. How do these changes impact the investor and the industry, we discuss with Aashish Somaiyaa, CEO of Motilal Oswal AMC, Feroze Azeez, deputy CEO of Anand Rathi Financial Services, Nimish Shah of SBI Wealth Management and A Balasubramanian, CEO of Aditya Birla Sun Life AMC.
