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Sebi modifies commissions, disclosure norms for mutual fund industry

Updated : March 25, 2019 09:25 PM IST

The move comes after the regulator in October 2018 asked the asset management companies (AMC) to adopt full trail model of commission in all schemes while allowing upfronting of trail commission only in case of inflows through systematic investment plans (SIPs).
The Sebi amended the conditions required for upfronting of trail commission based on SIP inflows at the mutual fund level.
Sebi modifies commissions, disclosure norms for mutual fund industry

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