It was one of the most talked about events in the Indian mutual funds industry in 2016. Some mutual fund distributors came out on streets to protest. A few distributor associations went to court. In March 2016, the capital market regulator, Securities and Exchange Board of India (Sebi) had mandated fund houses to disclose the commissions they pay to distributors on your investments, in rupee terms. Starting October 2016, and in many cases November, investors started to get account statements that stated commissions.
