News From Press Mutual fund houses cut distributor commissions

Mutual fund houses cut distributor commissions

Source: Economic Times Jun 9, 2018

Asset Management Companies (AMCs) have started slashing commissions paid to distributors on selling of mutual funds. As of now, two AMCs, DSP BlackRock Mutual Fund and IDFC Mutual Fund, have slashed commissions. Mutual fund advisors say the move will benefit investors.

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2 Comments

ANURAG DUREHA · 5 years ago `

This effort is same as eliminating a doctor between pharmaceutical company and patient.

Prashant · 5 years ago `

This article clearly says that AMCs have started reducing the commissions for distributing their mutual fund schemes as per Sebi’s guidelines. which aims at reducing the total expense ratio" which means SEBI wants to eradicate us to give additional profits to AMCs and to risk crores of investor's hard earned money.

Shame shame shame

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AMCs can pay trail commission to the new distributor if investors initiate transfer of their assets. How will this impact you?

Help me get clients of other distributors who are underserved

Lead to poaching of clients

No significant effect on my business

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