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“The current execution only platforms are only for the direct plans and do not profess to offer any kind of advice. So they will not have to register as an RIA. So this is a new digital platform category which SEBI has created. As far as investors are concerned, they have to understand that they are being given more and more choices today.” ....
The market regulator makes it mandatory for mutual fund houses to disclose the TER of all schemes on a daily basis on their websites as well as the AMFIs website. There are guidelines on the maximum TER a fund house can levy on its actively managed mutual fund schemes (equity-oriented and debt-oriented) and the passively managed mutual fund schemes. ....