Know the Essentials of Retirement Planning
A lot is happening in the mutual fund space in India. For instance, Bajaj FinServ has got an approval from SEBI to launch its mutual fund business. I am sure the mutual fund industry can only grow with a new entrant. In an interesting development that has the potential to impact the returns mutual fund investors derive by investing in different MF schemes, SEBI has proposed uniform expense ratio for mutual funds to curb mis-selling of financial products. It is learnt that SEBI has sought a possibility where all the MF schemes of a mutual fund house will carry a similar expense ratio.