Get money's worth from your distributor

Beginning October 1, fund houses have started disclosing commission paid to distributors in the consolidated account statement (CAS) every six months. Commissions have to be disclosed in absolute numbers, and not just percentage terms. The regulator's aim is to create greater awareness among investors regarding fees. Investors need to do a cost-benefit analysis to see whether they are getting their money's worth. Every person who has an ARN number must follow Amfi's code of conduct. “This requires distributors to do risk profiling and suggest appropriate products.

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