https://www.moneycontrol.com/news/business/mutual-funds/sebis-proposed-fee-caps-could-slash-amc-profits-by-rs-1400-crore-10623281.html
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AMCs are already under pressure from changes in taxation for debt mutual funds and the new proposal by the Securities and Exchange Board of India to bring a uniform total expense ratio (TER) will impact profits by 13 percent, or Rs 1,400 crore loss, according…
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