Try GOLD - Free
Amfi leads data drive as Sebi plans fee cap
Mint Bangalore
|November 24, 2025
The mutual fund industry is compiling an extensive dataset on portfolio churn and transaction costs to help the Securities and Exchange Board of India (Sebi) evaluate its proposal to sharply cap brokerage fees.
According to three people aware of the matter, the Association of Mutual Funds in India (Amfi) asked fund houses to submit turnover data which will help assess the brokerage and transaction costs incurred while executing trades.
The consolidated information will be sent to Sebi, which wants to determine how significant brokerage expenses are for funds before finalising the proposed caps.
Sebi on 28 October proposed slashing brokerage paid by mutual funds from 12 basis points (bps) to 2 bps in the cash market, and from 5 bps to 1 bps for derivatives. The move is aimed at preventing investors from effectively paying twice for research—first through brokerages, and again through the asset management company’s own research.
This story is from the November 24, 2025 edition of Mint Bangalore.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Mint Bangalore
Mint Bangalore
Starz sells Lionsgate Play to Rohit Jain
Canadian-American entertainment company Starz Entertainment Corp., formerly Lions Gate Entertainment Corporation, has sold Lionsgate Play—its streaming platform in South Asia and Southeast Asia—to Rohit Jain, president of Lionsgate Play Asia.
1 min
January 14, 2026
Mint Bangalore
RBI's FX swap sees nearly 3x demand
The Reserve Bank of India’s (RBI's) three-year dollar/rupee buy-sell swap auction drawing bids a little under three times the $10 billion size.
1 min
January 14, 2026
Mint Bangalore
India pulls solder wire QCO to ease electronics production
India has scrapped a crucial quality control order (QCO) on flux-cored solder wire, used in electronic items such as televisions, mobile phones, chargers, and earphones, to support domestic manufacturing and boost exports.
1 min
January 14, 2026
Mint Bangalore
USK buys into US snack brand Go Raw
SK Capital, the family office of billionaire banker Uday Kotak, has acquired a majority stake in Freeland Foods LLC, which owns the US-based seed-snack brand Go Raw.
1 mins
January 14, 2026
Mint Bangalore
Ducati plans 10 new models this year
Italian luxury motorcycle maker Ducati on Tuesday said it has lined up 10 new and updated motorcycle models for launch in the domestic market this year.
1 min
January 14, 2026
Mint Bangalore
UPI is fast, but a wrong click can turn into a nightmare
UPI’s instant, account-centric design prioritises execution, leaving little scope to undo errors
3 mins
January 14, 2026
Mint Bangalore
SBI, ICICI lead heavy bids in Biocon QIP
Drugmaker Biocon
1 min
January 14, 2026
Mint Bangalore
Uneven cinema growth weighs on box office
The decline of single-screen cinemas and the concentration of multiplexes in the top metros are narrowing options for India’s moviegoers and hurting box-office collections of films, according to experts.
2 mins
January 14, 2026
Mint Bangalore
Trump warns of 25% tariff on countries trading with Iran
While India-Iran trade remains modest, the ties are key to New Delhi's strategic autonomy
2 mins
January 14, 2026
Mint Bangalore
NITs, pvt colleges begin to see crore-plus salary packages
High-frequency trading firms, technology companies, startups are recruiting beyond IITs
2 mins
January 14, 2026
Listen
Translate
Change font size
