 "New TER structure in co-creation stage: Sebi chief Madhabi Puri Buch")
The new total expense ratio (TER) structure for mutual funds could be somewhat different from the proposals shared by the regulator in the consultation paper earlier this month.
Securities and Exchange Board of India (Sebi) chairperson Madhabi Puri Buch, said on Tuesday that the regulation is in a co-creation stage with the industry and urged fund houses to share relevant data with the regulator. Consultation papers from Sebi are mostly the final draft of new regulations as they are put out for public consultation only after a proper engagement with the concerned industry.
However, the regulator took a different approach with the TER regulations due to price sensitivity of the information. The engagement with the industry went underway after the release of the consultation paper.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%