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Ask us: Email id and phone number is mandatory only if an investor uses Aadhaar as officially valid document as address proof and he makes KYC request online.
Ask us: Commission income on PMS and AIF is exclusive of GST. This means, the end investor pays GST on the brokerage fee earned from distribution of PMS and AIF.
AMFI is not considering extending any relaxation period on forfeiture of trail commission due to delay in ARN renewals, said two AMFI ARN committee members.
Ask us: MFDs are entitled to receive trail commission if an investor changes ARN through STP route. However, MFD will have to justify that they have acted in the best interests of clients.
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