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Sebi issues framework on total expenses, performance disclosure of mutual funds

Updated : October 23, 2018 08:28 AM IST

To bring transparency in expenses and reduce portfolio churning and misselling in mutual funds, Sebi on Monday asked asset management companies to adopt full trail model of commission in all schemes without payment of any upfront commission.
However, upfronting of trail commission will be allowed only in case of inflows through Systematic Investment Plans (SIPs), the Securities and Exchange Board of India (Sebi) said in a circular.
Sebi issues framework on total expenses, performance disclosure of mutual funds

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