TER clarity a welcome step, but India’s MF industry still far from scale: Feroze Azeez

SEBI’s move to unbundle statutory levies from mutual fund TER aims for transparency, but Feroze Azeez of Anand Rathi Wealth cautions against excessive cost tinkering. He believes structural clarity is welcome, but drastic cost cuts could harm the thin-margin business and investor outcomes, advocating for scale over penny-wise reductions.

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