Mutual funds related FAQs

How much fee payable by a MF / AMC ?

An annual fee shall be paid by mutual funds before the 15th of April for each financial year beginning after the year following registration. Annual Fee AAUM up INR 10,000 crore 0.0015% AAUM part of AAUM over INR 10, 000 crore 0.0010% AAUM portion above INR 10,000 crore. Subject to a minimum INR 2,50,000 and a maximum INR 1, 00,000.


What is the process to change the company's controlling interest of asset management ?