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
On Tuesday, SEBI floated a consultation paper, proposing several additional norms, on the pretext that they would help reduce speculative trading and, in turn would bring about market stability.