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<h1>SEBI Amends Mutual Fund Regulations: New Service Fee Structure Based on Net Assets, Clause Renumbering in Eighth Schedule.</h1> The Securities and Exchange Board of India (SEBI) issued the Fourth Amendment Regulations, 2002, for mutual funds, effective upon publication in the official gazette. The amendment revises the service fee structure for mutual funds based on net assets as of March 31, with fees ranging from Rs. 2.50 lakhs to Rs. 7.50 lakhs depending on asset size. Additionally, the amendment renumbers certain clauses in the Eighth Schedule. The document also provides a footnote detailing the history of amendments to the SEBI (Mutual Funds) Regulations, 1996, highlighting changes made from 1997 to 2002.