4. The retail investors have many privileges over the non-retail investors, as they can withdraw and reduce their price and offer size, as per the norms. On the other hand non-retail investors only have the freedom to increase their offer size and price. They cannot withdraw their price or offer size as well.

5. SEBI aims to engage investors in long term holdings and hence it has decided to levy the exit loads as a penalty over the investors who exit the funds early. The penalty amount collected by the firms shall be invested back into the companies fund, this will bring appraisal in the stock or securities value of the existing customers. Small cities investors will be charged with an additional fee by the Asset Management Companies when the distributors sell them securities beyond a threshold limit.

6. SEBI has decided that the companies shall not charge the entry fee but it has also relived the companies from extra work of categorizing the expenses and reporting it to the regulators. This will provide greater flexibility in the use of total expenses ratio and the fund manager will also have the freedom of passing bigger fees to the distributors.