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.
Short-term volatility may persist, but financials still the go-to sector: Rohit Srivastava
Rohit Srivastava suggests navigating short-term market noise and viewing dips as buying opportunities, particularly within the outperforming financials sector, including insurance companies and NBFCs. Nifty
April 16, 2025