Sebi proposes uniform expense ratio for MFs to curb mis-selling

This means a fund house, for instance, will have to charge the same expense ratio for all its equity funds if this proposal goes through. So, if a mutual fund manages ₹50,000 crore in equity assets across 10 schemes, all of them must have the same expense ratio. Mutual funds currently have the flexibility to fix this fee as per the scheme.

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