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SEBI plans to scrap 5 bps AMC cushion, revise TER slabs to maintain balanc
Updated : 10 months ago IST
The Securities and Exchange Board of India (SEBI) has proposed removing the additional 5 basis points (bps) expense allowance earlier granted to asset management companies (AMCs). The regulator has, however, proposed a 5 bps increase in the first two Total Expense Ratio (TER) slabs to partly
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