Tribunal asks Sebi to select SRO afresh for MF distributors
Setting aside Sebi's decision of granting in-principle approval to IMFI to be the Self Regulatory Organisation for mutual fund distributors, the Securities Appellate Tribunal on Wednesday directed the capital markets regulator to start the selection process afresh.
Sep 30, 2015, 12:27 PM IST
MF distributors income jumps 84% to Rs 4,729 cr in FY'15
Mutual fund distributors clocked a staggering income of Rs 4,729 crore in 2014-15, a surge of 84 percent from the preceding financial year, mainly on account of sharp rally in market and robust inflows in equity schemes.
Aug 11, 2015, 13:51 PM IST
Sebi concerned over large commissions paid to MF distributors
Sebi on Friday expressed concern over the disproportionately large amount of commission paid to mutual fund distributors, but the market regulator said it would be good if the industry puts a cap on the upfront fee.
Mar 20, 2015, 14:41 PM IST
