Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>SEBI Mutual Funds Regulations Cap Fees & Expenses, Require Clear Disclosure in Offer Documents, Limits Vary by Fund Type</h1> The Securities and Exchange Board of India (SEBI) Mutual Funds Regulations, 1996, outlines the limitations on fees and expenses related to mutual fund schemes. Asset management companies must clearly identify and disclose all expenses in the scheme's offer document. They are permitted to charge investment and advisory fees, along with other recurring expenses such as marketing, brokerage, audit, and custodian fees, among others. The total expense ratio is capped based on the type of scheme and assets under management, with specific limits for different categories, including equity-oriented, index funds, and exchange-traded funds. Any expenses exceeding these limits must be borne by the asset management company, trustee, or sponsors.