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Forums New Developments Can technically mf distributor take fees from client ?

Can technically mf distributor take fees from client ?

by Ganesh Rajput Jul 23, 2018
I just want to know after new sebi RIA rules...
Can mf distributor technically take fees from client if
A - as per client risk profile advisor has to offer him liquid scheme ?
B - If client want save charges but want advice so distributor suggest him direct fund and take guidance ( market education or whatever name ) fees ?
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1 Comment
Sandra James · 3 weeks ago
It relies upon the scheme, it can begin with 0.05 % p.a. for fluid assets and go the distance up to 1.0 % p.a. for value reserves. You can address any common store or wholesaler and demand the charge points of interest before you contribute.