AMFI has published a fresh list of distributors who will have to comply with due diligence. The list of distributors has come down to 403 from the earlier 529.
In FY 2010-11, these 403 distributors took home
Rs. 1770 crore as commissions.
To see the list of distributors click here:
Read our past stories on due diligence:
- 41 AMCs agree for common distributor due diligence
- 8 audit firms shortlisted for distributors’ due diligence
- MF distributor compliance likely to be outsourced to an audit firm