SEBI Slashes Brokerage Fees for Mutual Funds by Half: Big Relief for Investors and Industry Shake-Up
In a landmark move aimed at boosting investor participation and reducing costs, the Securities and Exchange Board of India (SEBI) has announced a 50% cut in brokerage fees for mutual funds. This decision is expected to significantly lower transaction costs for retail investors, enhance transparency, and reshape the dynamics of India’s mutual fund industry. Background…