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New Sebi norms on compensation: Mutual fund houses fear losing talent

To seek changes in circular asking to pay 20% salary to key staffers in scheme units

Topics
Mutual Funds | SEBI | MF schemes

Ashley Coutinho & Chirag Madia  |  Mumbai 



mutual funds, MF pay

A section of the mutual fund industry apprehends that the Securities and Exchange Board of India's (Sebi’s) diktat to pay a fifth of the salary of top executives in the form of units of may make it harder to retain or attract talent. Many players are now planning to approach the regulator through their industry body Association of in India (Amfi), seeking amendments to the compensation circular issued on Wednesday.

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First Published: Thu, April 29 2021. 17:56 IST

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