News From Press Distributors go slow on sale of equity MFs as commissions decline

Distributors go slow on sale of equity MFs as commissions decline

Source: Moneycontrol May 10, 2019

Volatile equity markets and the revised expense ratios of mutual fund (MF) schemes as per the new slabs effective April 2019, were the key factors responsible for a fall in net equity fund inflows in April.

Net equity funds inflows (including tax-saving equity funds) were at Rs 4,229 crore, the lowest level since September 2016, and more than half that of March at Rs 11,756 crore.

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1 Comment

Prashant · 4 years ago `

Of course they would and they in fact should stop completely so that these dirty games to earn more by AMCs should fall flat on their face.

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