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      Question

      Under the revised mutual fund regulations effective from

      1 April 2026, what is the reduced brokerage cap in the derivatives segment?
      A 4.89 bps Correct Answer Incorrect Answer
      B 3.89 bps Correct Answer Incorrect Answer
      C 2 bps Correct Answer Incorrect Answer
      D 1.5 bps Correct Answer Incorrect Answer
      E 6 bps Correct Answer Incorrect Answer

      Solution

      As part of the revamped mutual fund regulations effective from 1 April 2026, SEBI has rationalised brokerage ceilings, reducing the cap in the derivatives segment from 3.89 basis points (bps) to 2 bps.

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