New Delhi, Nov. 19 -- The Securities and Exchange Board of India (Sebi) has extended the deadline for public comments on its widely-debated mutual fund proposals, giving the industry an additional week to respond to its suggestions.

The market regulator had earlier sought feedback by 17 November.

The extension to November 24 comes amid widespread concern that the proposed regulations would impact revenues of asset management companies (AMCs), mutual fund distributors and brokers. The draft rules, which are part of a broader regulatory overhaul, were aimed at improving transparency, cutting hidden costs and tightening oversight of intermediaries.

In a consultation paper released last month, the market regulator recommended capping the b...