The Securities and Exchange Board of India (SEBI) is reportedly open to revising its proposed cap on mutual fund brokerage fees following industry feedback. Fund houses and market participants expressed concerns that the original cap could constrain distribution incentives and affect sales of equity and hybrid schemes. Analysts suggest a higher cap may improve fund penetration and investor choice while ensuring fair compensation for intermediaries. SEBI is evaluating the feedback to balance regulatory objectives with market efficiency. The decision is expected to influence mutual fund inflows and sector competitiveness across India.