SEBI has capped mutual fund brokerage fees at 6 bps, effective immediately, as part of its efforts to overhaul fee structures for better cost control and clearer disclosures. Meanwhile, mutual fund AUM grew by 5% to ₹13.67 lakh crore in October, driven by strong inflows into gold ETFs, which saw an additional ₹7,743 crore . Equity fund inflows dropped by 8.8% to ₹6,026 crore , while long-term assets reached ₹37 lakh crore .