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It's raining commissions for mutual fund distributors. See who earned the highestMutual fund distributors in India experienced a lucrative FY2025, with commissions surging 40% to ₹21,000 crore. NJ Indiainvest and Prudent...
MF Commission payouts surge 40% YoY to Rs 21,000 crore in FY25; NJ India, Prudent gain most: Kotak Institutional EquitiesIn FY2025, India’s mutual fund commission pool rose 40% to Rs 21,000 crore, benefiting independent distributors over banks. NFOs fueled str...
Global Health Q1 Results: Profit surges 50% to Rs 159 croreThe mutual fund industry experienced strong growth in new Systematic Investment Plan (SIP) registrations, with 1.67 crore accounts added in...
Mutual Funds see 1.67 cr SIP additions in June qtr; Groww leads with 42 lakhThe mutual fund industry experienced strong growth in new Systematic Investment Plan (SIP) registrations, with 1.67 crore accounts added in...
Sebi allows 39 entities to use e-KYC Aadhaar authentication services in securities mkt as sub-KUA"The above mentioned entities shall enter into an agreement with a KUA and get themselves registered with UIDAI ( Unique Identification Aut...
Top 30 mutual fund distributors manage 25% of industry AUMAmfi has released data of 1,037 ARN holders instead of 1,017 distributors last year.
Does your broker suggest funds from a group entity?Investors should be careful of brokers who go by a fund’s parentage instead of potential when they suggest schemes.
Mutual Fund distributors' income jumps 84% to Rs 4,729 crore in FY'15Experts attributed the spike in commission to rally in stock markets and robust inflows in equity mutual fund schemes.
Mutual fund distributors' commission rises by 9% in FY'14According to latest data available with Association of Mutual Funds in India, the total income earned by 329 distributors stood at Rs 2,572...
Mutual fund distributors' commission soar by 26% in 2012-13Market participants attributed the spike in commission to better capital market conditions last fiscal coupled with measures taken by Sebi ...
Direct investments into Mutual Funds rise after Sebi guidelinesTo encourage direct investments, Sebi has recently asked fund houses to launch direct fund plans with lower expense ratio.
ONGC, BHEL, CIL and NTPC to kick-start 'Divestment ETF', a move to help government raise Rs 4,000 croreONGC, CIL, NTPC & BHEL could be among the state-run companies that are expected to constitute the much-awaited 'disinvestment ETF'.
- MF agents rejig distribution strategies
MF distributors are selling more of fixed-income products, since the SEBI introduced the abolition of entry-load on MFs. Reducing MF risks ...