Sebi proposes major overhaul of mutual fund rules to reduce costs for investors: Here's what it means

Markets regulator Securities and Exchange Board of India (Sebi) has proposed a comprehensive overhaul of mutual fund regulations, introducing clearer definition of Total Expense Ratio (TER) and revising limits on brokerage charges. In its consultation paper, the Securities and Exchange Board of India said that the proposals are aimed at bringing regulatory clarity, reducing redundancies, and promoting ease of compliance. 

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