The year 2015 can best be described as the one in which the foundation was laid for the way the Rs.13-trillion Indian mutual fund (MF) industry will look like in a few years. From changes in the commission structure that fund houses can pay distributors (and this appears to be just a start) to strengthening online channels of distribution and moving towards an environment where financial technology (fintech) companies have just about started to enter the industry and sell products, the MF industry has gone through some interesting times. Here’s a look at some of the most significant moves.
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