Mutual Funds Resist Sebi's Performance-Based Fee Proposal

The Indian market regulator, Sebi, has proposed a new rule for mutual funds.

They want to charge fees based on how well the funds perform.

This means if a fund does well, it can charge more, and if it doesn't, it charges less.

But mutual fund companies are worried.

They say it's hard to calculate these fees because different investors join and leave the fund at different times.

This makes it tricky to decide who should pay what.

Some people think technology can solve this problem, but others are not so sure.

Sebi wants this to help investors choose better funds, but the fund companies need to figure out how to make it work.