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Informist, Wednesday, Dec. 17, 2025

 

--SEBI revises limits on brokerage paid by AMCs on cash, derivatives deals 

--SEBI OKs removing additional 5 bps charged to MF schemes with exit loads 

--SEBI cuts limit on brokerage paid by AMCs to 6 bps for cash transactions 

--SEBI cuts limit on brokerage paid by AMCs to 2 bps for derivatives deals 

 

MUMBAI – The Securities and Exchange Board of India Wednesday approved revising the limits on brokerage paid by asset management companies to brokers and distributors, which will now also exclude statutory levies. This has been done to prevent investors from being charged twice for research-related costs. The brokerage limit for cash market transactions has been reduced to 6 basis points from the existing 12 bps, which also included statutory levies. For derivatives transactions, the brokerage cap has been reduced to 2 bps from 5 bps earlier, the regulator said in a press release. 

 

However, these are higher than the reduction proposed in the market regulator's consultation paper issued in October, when it had proposed reducing brokerage and transaction costs to 2 bps for cash transactions and to 1 bps for derivatives. SEBI has also removed the additional 5-bps expense allowance which is charged on schemes with exit loads.  End 

 

Reported by Anjana Therese Antony

Edited by Tanima Banerjee

 

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