The Securities and Exchange Board of India (SEBI) has introduced a reduction in mutual fund expense ratios by 10–15 basis points for select categories, aiming to lower the cost burden on investors. The cut affects categories such as large cap, flexi-cap and other actively managed equity funds, potentially improving net returns for unit holders over time. Lower operating costs can enhance the long-term compounding effect for systematic investors by reducing drag on performance. 

A tax resident of Singapore earned around ₹1.35 crore from selling Indian mutual funds but was initially served a tax notice in India after the income tax department rejected her exempt status. She invoked Article 13 of the India-Singapore Double Taxation Avoidance Agreement (DTAA), arguing that capital gains should be taxed only in her country of residence. The Income Tax Appellate Tribunal (ITAT) Mumbai upheld this interpretation, ruling in her favour because mutual fund units are not treated as shares under the treaty.