Pulse Alternative
Mutual Funds

SEBI proposes new pay disclosure norms for mutual fund firms


Asset management companies can
disclose executive ​and high-earner pay on a ‌consolidated basis
instead of on ​an individual basis, ⁠the country’s markets
regulator proposed on Wednesday.

* The Securities and Exchange ‌Broad of India proposed that AMCs may disclose ‌consolidated remuneration of executive ‌level employees ⁠and the total ⁠number of such employees.

* SEBI said the proposed approach would give ​investors in
the ‌funds of AMCs a broader view of senior management
compensation.

* The regulator said the ‌proportion of employees covered
under ​the current framework is limited, ranging from ⁠about 2% to
10% of total employee base in 36 ‌of 51 AMCs analysed.

* It said public disclosure of individual remuneration
could expose employees to privacy risks and misuse of personal
information.

* The ‌regulator also proposed allowing investors ​to seek
scheme-level disclosure of the total remuneration ⁠paid to fund
managers of schemes ⁠they are invested in.

* SEBI has sought ‌comments from the public by June 30.

Published on June 10, 2026



Source link

Related posts

Prudent Corporate Launches AI Platform to Boost Mutual Fund Distributors

George

Equity MFs gain over 5% last week with international funds leading. Check top 7 with over 3% return – The Economic Times

George

Marico, Dabur remain favourite picks in FMCG segment: Sanjay Manyal, ICICI Securities

George

Leave a Comment