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India's mutual funds industry improves the global ranking on fees

The Morningstar's biennial study noted that the cost of investing in debt (fixed-income) funds was much cheaper than equity funds

ESG funds gaining traction in India, but doubts about them abound still
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Jash Kriplani Mumbai
The recent regulatory changes introduced by the Securities and Exchange Board of India (Sebi) have improved the global ranking of the country’s mutual fund (MF) industry in terms of the overall cost of investing, even as the cost of investing in equities remains high, according to the Global Investor Experience Study conducted by Morningstar.
 
The Morningstar’s biennial study noted that the cost of investing in debt (fixed-income) funds was much cheaper than equity funds. The asset-weighted median for fixed-income funds was relatively lower at 0.54 per cent, while those for equity and allocation funds were 1.78 per cent and