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.
Vishal Mega Mart shares in focus after Q4 net profit jumps 88% YoY to Rs 115 crore; revenue up 23%
On Tuesday, shares of Vishal Mega Mart closed 0.1% higher at Rs 107.6 on the BSE. The stock has gained 2% so far in 2025
April 30, 2025