How will Sebi’s BER–TER norms impact mutual fund expenses for retail SIP investors?

Sebi’s revised Base Expense Ratio and Total Expense Ratio framework clarifies mutual fund costs for retail SIP investors. While there is no immediate impact on deductions, the transparent separation of fund management, taxes, and brokerage may modestly lower expenses over time and slightly improve net returns, visible in scheme fact sheets and AMCs’ websites.