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No fee for PMS managers till loss made up: Sebi

To bring transparency in charges of portfolio management schemes (PMS), the Securities and Exchange Board of India (Sebi) proposed that portfolio managers not earn any fee from clients till all losses were recovered if the scheme value goes down.

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This entry was posted on Wednesday, July 28th, 2010 at 9:30 am and is filed under India. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.

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