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SEBI puts onus on trustees to ensure fairness of fees, expenses charged by fund houses

The trustees would also need to ensure that operations of asset management companies are not unduly influenced by the AMCs’ Sponsor, its associates and other stakeholders. Also, the trustees should ensure that undue or unfair advantage is not given by AMCs to any of their associates/group entities.

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​ The trustees would also need to ensure that operations of asset management companies are not unduly influenced by the AMCs’ Sponsor, its associates and other stakeholders. Also, the trustees should ensure that undue or unfair advantage is not given by AMCs to any of their associates/group entities. The trustees would also need to ensure that operations of asset management companies are not unduly influenced by the AMCs’ Sponsor, its associates and other stakeholders. Also, the trustees should ensure that undue or unfair advantage is not given by AMCs to any of their associates/group entities.  Moneycontrol Latest News Read More  

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