The customs duty had about 550 crore estimated impact when the announcements came in July and it is by and large played out to that extent and it is also now completely behind us in the quarter three of FY25. So, going forward that effect will not be there, that was a big dampener on the total margin of the business and of the company.
Sebi set to launch new UPI mechanism for MFs, brokers
SEBI introduces a new UPI handle, @valid, for registered intermediaries like brokers and mutual funds, starting October 1st, to enhance transaction security. This initiative aims