Jefferies warned that Sebi’s proposed mutual fund fee revamp could trim AMC profits by up to 10% from FY27. The brokerage said cuts to exit load charges, brokerage fees, and total expense ratios may pressure earnings at top players like HDFC AMC and Nippon Life AMC.
Sensex falls 70 points, Nifty below 23,900 as US-Iran tensions simmer
Indian stock markets opened lower on Wednesday. Sensex and Nifty saw minor declines. Investors are watching US strikes on Iran and their effect on peace