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Sebi chief calls for stronger oversight and fee transparency by mutual fund trustees
Sebi seeks tighter governance and fee transparency in mutual fund operations.
Sebi chairperson Madhabi Puri Buch urged mutual fund trustees to implement stricter early-warning mechanisms, improve fee transparency, and enhance governance standards. Addressing industry participants, she emphasized timely detection of mispricing and adherence to fiduciary duties as retail participation expands. Trustees have been directed to submit detailed compliance reviews within the next quarter to strengthen investor protection frameworks.