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Feb 08, 2016
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Sebi ups revenue forecast on higher fee, investment income
Markets regulator Sebi has revised upwards its total revenue forecast for the current fiscal by around 9 percent to Rs 536.75 crore, anticipating higher-than -expected income from fees and investments. The higher fee income is expected from foreign portfolio investors, brokers and research analysts, although the total fee from mutual funds is expected to be lower than earlier estimated budgeted by Sebi. Besides, Sebi is also expecting its fee income to get a boost from the application and other fees from commodity brokers and commodity exchanges due to the FMC merger with it.
Source -
http://www.moneycontrol.com
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