First time mutual fund investors: Sebi proposes changes in KYC process, MF fee structure
SEBI is proposing significant changes to the KYC verification process for new mutual fund investors, aiming to streamline access and reduce delays. The regulator also plans to revise the mutual fund fee structure, removing an additional 5 bps charge and tightening brokerage limits to enhance transparency and lower costs for unit holders.
SEBI is proposing significant changes to the KYC verification process for new mutual fund investors, aiming to streamline access and reduce delays. The regulator also plans to revise the mutual fund fee structure, removing an additional 5 bps charge and tightening brokerage limits to enhance transparency and lower costs for unit holders. What's Your Reaction?
