SEBI Caps Mutual Fund Brokerage at 6 Bps, AUM Rises 5% to ₹13.67 Lakh Crore

SEBI caps mutual fund brokerage fees at 6 bps and implements changes to improve cost transparency. Mutual fund AUM grows 5% to ₹13.67 lakh crore in October.

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SEBI Caps Mutual Fund Brokerage at 6 Bps, AUM Rises 5% to ₹13.67 Lakh Crore

SEBI Caps Mutual Fund Brokerage at 6 Bps, AUM Rises 5% to ₹13.67 Lakh Crore
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.
Tags:
  • mutual funds
  • SEBI