News From Press Sebi ban on upfront commission will hit us hard, say mutual fund distributors

Sebi ban on upfront commission will hit us hard, say mutual fund distributors

Source: Economic Times Oct 25, 2018

Mutual fund distributors say Sebi move to ban upfront commissions paid by Asset Management Companies (AMCs) would severely hit their pockets. Sebi on Monday asked AMCs to adopt full trail model of commission in all schemes, and stop paying upfront commissions to distributors.

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