SEBI proposes to limit salary disclosure of AMC top employees

SEBI has proposed to limit the disclosure of senior executive salaries in Asset Management Companies (AMCs) by moving from individual-level to group-level disclosure. The proposal also suggests making fund manager remuneration available only on request, citing feedback from the mutual fund industry about limited investor interest, privacy concerns, and the distinction between unitholders and shareholders. This move aims to reduce the current level of transparency in salary disclosures.