In India, over 50% of mutual fund units of regular plans were sold or redeemed within one year, according to a recent report by the Securities and Exchange Board of India (SEBI). The regulator has proposed changes to total expense ratio (TER), including capping fees by up to 2.55% for equity schemes and a lower commission rate to discourage churning, potentially driven by mis-selling. While some attribute the high turnover of mutual fund investors to India’s lure of quick money from market hype or misinformation, other industry insiders believe it is a result of an early learning curve.
Know Your Fund Manager: Daylynn Pinto, Senior Fund Manager – Equity, Bandhan AMC
The article explores the career of a fund manager at Bandhan AMC, discussing their journey from a fresher at UTI Mutual Fund to managing multiple
March 9, 2025