India’s capital markets regulator has proposed significant changes to mutual fund fee structures, aiming for greater transparency and cost efficiency for investors. These proposals include reducing expense ratios for equity mutual funds and excluding statutory levies from total expense ratio limits. The move seeks to ensure investors benefit more from the industry’s economies of scale.
Mcap of 8 of top-10 firms erodes by Rs 1.55L cr
Recently, the market witnessed a downturn, with eight of the leading firms in India suffering major valuation losses. The declines of HDFC Bank and Bajaj