Shares of asset management cos tank up to 10 pc on Sebi move
Shares of
Commenting on Sebi's announcement on significant changes to TER structure, JM Financial Institutional Securities in a report said: "While the move is a positive step towards increasing reach and reducing costs for retail MF investors as also improving transparency, it has a negative impact on profitability for AMCs."
Disclaimer: No Business Standard Journalist was involved in creation of this content