Current Affair!SEBI modified commissions.Sebi reviewed and modified the commission as well as disclosure norms for the mutual fund industry on 25 March 2019. The move came after Sebi in October 2018 asked the asset management companies (AMC) to adopt the full trail model of commission in all schemes. The commission will be paid from AMC's books and only the first SIP(s) purchased by the new investor will be eligible for upfronting. - Study24x7
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Priya Sharma
01 Jan 1970 05:30 AM study24x7 study24x7

Current Affair!

SEBI modified commissions.Sebi reviewed and modified the commission as well as disclosure norms for the mutual fund industry on 25 March 2019. The move came after Sebi in October 2018 asked the asset management companies (AMC) to adopt the full trail model ...

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