AMCs stocks trade higher after Sebi revises expense ratio rule for mutual fund [Finance]
AI Summary1 min read
TL;DR
AMC stocks rise following SEBI's revision of expense ratio rules for mutual funds, which may impact fund management costs and investor returns.
Tags
Finance - Asset ManagementFinanceAMCSEBIexpense ratiomutual fundsstock market
The company offers a wide range of mutual funds, delivered through both active and passive strategies across asset classes, including equity, fixed income, hybrid and multiasset solutions. The Company extends portfolio management services and alternative investment funds to cater to diverse customer needs. The Company offers portfolio management and segregated account services and alternative investment funds to a diverse clientele, including high-net-worth individuals (HNIs), family offices, domestic corporates, trusts, provident funds, and domestic and global institutions.