The chairman of the Securities Exchange Board of India, UK Sinha announced today that new investors will have to pay an additional Rs 150 for investment of Rs 10,000 and above in mutual funds, while the charge will be Rs 100 for existing investors.
Chairman of the Association of Mutual Funds in India (AMFI) and chief of HDFC Mutual Fund, Milind Barve tells CNBC-TV18 that the decisions taken by SEBI are a good for the future of the mutual fund (MF) industry.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
