Mutual Fund India: Sebi may cap PMS fees on realty fund

Saturday, April 24, 2010

Sebi may cap PMS fees on realty fund

The Securities and Exchange Board of India (Sebi) is considering a cap on the fees charged by portfolio management service (PMS) providers for their real estate fund, a person familiar with the development told ET. Investors have complained to Sebi that most PMS providers are charging the full management fee upfront, rather than in proportion to the net invested amount.

Source: www.karvymfs.com

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Saturday, April 24, 2010

Sebi may cap PMS fees on realty fund

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