AMCs are paying large distributors anywhere

Asset management companies (AMCs) are paying a higher upfront fee to distribution subsidiaries of foreign and private banks nowadays to drive
‘exclusive sales’ of their schemes nike air vapormax homme pas cher , mainly equity. This commission is in addition to the upfront and annual trail fees that mutual funds[i] pay distributors for selling their schemes, said top AMC officials.
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[i]AMCs are paying large distributors anywhere between Rs 50 lakh and Rs 2 crore this year as part of the so-called marketing support fees. Last year, such
payout was in the range of Rs 45 lakh to Rs 75 lakh. Fund houses said
distributors, who have been deprived of the entry load after its ban since
August 2009, are demanding a higher fee nike air max 270 off white pas cher , citing difficulty in selling equity schemes in unfavourable market conditions. Get Details on Higher Returns on
Fixed Deposit
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