The mutual fund-only portfolio management services proposed by Sebi could reshape the wealth advice landscape, allowing advisers to collect fees directly while managing portfolios. However, stringent compliance demands and a high entry threshold may deter smaller advisers from participating. 
The mutual fund-only portfolio management services proposed by Sebi could reshape the wealth advice landscape, allowing advisers to collect fees directly while managing portfolios. However, stringent compliance demands and a high entry threshold may deter smaller advisers from participating. 
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