Indian Mutual Funds experienced dynamic portfolio activity as Mirae Asset launched new funds targeting energy and smallcap segments. SEBI’s recent proposal to rationalize distributor commissions and operational expenses aims to improve investor transparency and lower costs. The industry welcomed the move, expecting long-term participation growth from retail investors. Analysts predict increased competition in niche fund categories as asset managers realign product structures with the new regulatory environment. The combined effect of fund innovation and cost rationalization could enhance efficiency and reduce investor churn over the next financial year.