Question
What is the maximum fee that an Investment Adviser (IA)
is permitted to charge on assets held under a pre-existing distribution arrangement, when providing a second opinion?ĀSolution
As per the SEBI circular dated October 30, 2025, Investment Advisers are permitted to charge fees on assets under a pr e- existing distribution arrangement for the purpose of providing a second opinion, subject to a maximum limit of 2.5% of the asset value per annum under the AUA-based fee model. Ā
Which of the following is/are an imperfect market?
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