SEBI Issues Framework For Advisory, Portfolio Management Services

Markets regulator Securities and Exchange Board of India (SEBI) has come out with a framework related to theĀ fees for investment advisory services for accredited investors. In addition to this, it has also issued guidelines on exit load charges applicable to the client of the portfolio manager. In August, SEBI had introduced the concept of “accredited investor” in investment advisers (IA) and portfolio managers rules. In a circular, the regulator said that in case of accredited investors, the limits and modes of fees payable to the IA will be governed through…

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Salary Disclosure Requirement ‘Non-negotiable’: Sebi To MFs

Mumbai: Refusing to budge on its directive for mandatory disclosure of pinnacle-control revenue with the aid of mutual budget, Sebi on Monday told them it’s far a ‘non-negotiable’ requirement and traders must be supplied date without any ‘more filters’. a few fund houses, inclusive of HDFC, Reliance and ICICI Prudential Mutual price range, these days started out publishing the earnings information for unit holders on their respective web sites as in step with the directive, however many others did no longer achieve this and desired the regulator to relax the…

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