SEBI brings new guidelines to revive the mutual fund industry



SEBI brings new guidelines to revive the mutual fund industry

The Securities and Exchange Board of India (SEBI) in its board meeting held on July 28, 2011 discussed the following plans:

  • A levy of Rs100 per transaction imposed on mutual fund (MF) investments for the existing investors; the new or first-time investors would have to pay extra Rs50 (total Rs150) on an investment above Rs10,000.
  • For systematic investment plans (SIPs), the transaction charges can be recovered in three or four months. However, whether the new SIP transactions of less than Rs10,000 would also attract the one-time fee of Rs150 is not clear yet.
  • Now, AMCs to do the due diligence and regulate distributors such as who have Multiple point presence in more than 20 locations, AUM raised over Rs100 crore across industry in non-institutional category but HNIs etc.
  • The existing mutual funds have been allowed to set up infrastructure debt funds (IDFs). Also, an existing companies in infrastructure financing for a period not less than five years can also set up a mutual fund exclusively for the purpose of launching an IDF scheme.



Post a Comment

All comments are moderated. Please post no spam

Disclaimer & Privacy Policies

(c) Mrs. Ruby Christy. This site and contents are owned by Mrs. Ruby Christy;
Use of this website and/or services offered by us indicates your acceptance of our Disclaimer& Privacy Policies.

Information and opinions provided on this website ( has been independently obtained from sources believed to be reliable. However, such information may include inaccuracies, errors or omissions. and its affiliates, information providers or content providers and R.John Christy and his Family shall have no liability to you or third parties for the accuracy, completeness, timeliness or correct sequencing of information available on this website or feeds, or for any decision made or action taken by you in reliance upon such information, or for the delay or interruption of such information.,its affiliates, information providers ,content providers and R. John Christy and his Family shall have no liability for investment decisions or other actions taken or made by you based on the information provided on this website. Any action you choose to take in the markets is totally your own responsibility. and R. John Christy and his Family will not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information. This information is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. Opinions expressed by R. John Christy are his own and not of his past, present and future employers.
The DoubleClick DART cookie is used by Google in the ads served on this websites displaying AdSense for content ads. When users visit this website and either view or click on an ad, a cookie may be dropped on that end user's browser.
  • Google, as a third party vendor, uses cookies to serve ads on this site.
  • Google's use of the DART cookie enables it to serve ads to your users based on their visit to this site and other sites on the Internet.
  • Users may opt out of the use of the DART cookie by visiting the Google ad and content network privacy policy.
  • never collects any personal information of visitors.