Wednesday, March 05, 2025 | 01:43 PM ISTहिंदी में पढें

Home / Markets / Mutual Fund / Sebi's skin-in-the-game norms: Our demands remain unmet, say MF executives

Sebi's skin-in-the-game norms: Our demands remain unmet, say MF executives

This comes a day after Sebi tweaked the compensation circular, first issued in April, mandating fund houses to pay 20 per cent of the CTC to their key employees in the form of MF units

investors, promoters, mutual funds, regulators, regulation, market

Premium

Officials said going ahead, the industry could face challenges around attracting and retaining talent as the take-home component for their staffers would get reduced. (Illustration: Binay Sinha)

Chirag Madia Mumbai

3 min read Last Updated : Sep 22 2021 | 1:56 AM IST

The Securities and Exchange Board of India (Sebi) has issued a separate communication to industry body Association of Mutual Funds in India (Amfi) to provide further clarity on the compensation norms.

This comes a day after Sebi tweaked the compensation circular, first issued in April, mandating fund houses to pay 20 per cent of the CTC to their key employees in the form of MF units, which will be locked-in for three years. Industry players said their demand seeking some relief has remained unmet.

The letter to Amfi, which has been viewed Business Standard, states debt research analysts

Topics : SEBI Mutual Funds Fund Houses Amfi

What you get on BS Premium?

Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
Pick your 5 favourite companies, get a daily email with all news updates on them.
Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
Preferential invites to Business Standard events.
Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.

VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in