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Sebi Seeks Comments on Plan for Small-Ticket SIPs by Feb 6
Financial Express Kochi
|January 23, 2025
The Securities and Exchange Board of India (Sebi) has sought responses to its 'small-ticket systematic investment plan', or the ₹250 SIP, proposing that a part of the cost, incurred by asset management companies (AMCs), along with certain incentives, be compensated from the Investor Education and Awareness Fund.
"Industry participants involved in the mutual fund space have agreed to offer discounted rates to enable faster break-even for AMCs," a consultation paper released on Wednesday noted.
The regulator estimates this would help AMCs, incurring the costs, reduce the break-even time to within two years and encourage further penetration.
Diese Geschichte stammt aus der January 23, 2025-Ausgabe von Financial Express Kochi.
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