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  • News From Press MF industry must bring in more transparency: Ashish Chauhan

    MF industry must bring in more transparency: Ashish Chauhan

    Source: Economic Times Oct 25, 2018

    India’s mutual fund industry needs to bring in more transparency in the distributor commission framework, says Ashishkumar Chauhan, MD & CEO of BSE. 

    Chouhan said the MF industry is likely to record Rs 30,000 crore revenue this financial year, which should leave them with around Ra 9,000 crore total profit, while around Rs 21,000 crore will go towards distributor commission and other expenses. 

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    3 Comments
    Anand Gupta · 5 years ago `
    We distributors community do hard work for getting commission.Company has launched direct plans so do marketing and make revenues.you guys can't do hard work And customers did not trust you guys .they turst us...reduce salary of sebi chairman and all AMC top management first ...
    Prashanr · 5 years ago `
    Well hear the problem is only distributor commissions are going down and no fund house or AMFI or SEBI is regulating or reducing salaries of their own staff or their own selves. Also commissions can go down is fine but regulator forcing it onto us is wrong. Market forces always should decide these things. Also now SEBI has fixed brokerage and they have also fixed TER meaning SEBI had made sure that AMCs get a clear profit to AMCs. If this is what is going to happen in our country, god save us all because regulator is supposed to be a watchdog on the companies and safeguard investors where as here regulator is safeguarding AMCs profits and has become their accomplice.
    Subendu Chakraborty · 5 years ago `
    Mr. Chouhan do you eat, drink and ware clothes if yes than please write what branded shirt distributor commission cost, can you see all products distribution cost in product packet..fuck your comments....every product in the market has middle man commission.Can I give brokarage free trading in BSE.
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