Capital Market Stocks Fall as SEBI Proposes Mutual Fund Fee Overhaul

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HDFC AMC, Motilal Oswal, Nippon AMC, and others fell 3–7% on October 29 after SEBI proposed major changes to mutual fund fee and brokerage structures. Analysts warned profits could drop up to 30–33% by 2027, impacting AMCs and wealth managers like Nuvama and 360 ONE WAM.