In a circular issued on Friday, SEBI said that such transaction charges cannot be paid to distributors as they are entitled to remuneration by the asset management companies (AMCs).
Delivery boys visit 65-75 lakh houses, accessing more than three crore people daily, which makes them vulnerable to infection; Federation asks for immediate vaccination
Major market tops in recent times have seen the mutual fund industry launching a series of NFO only to see investor trust being destroyed.
Online stores, ecommerce platforms and tie-ups with delivery startsup, FMCG companies are changing the way they make their products available to consumers.
According to the report, distributors will have to discover a solution to sustain themselves, especially smaller players, from a cash flow and sustainability perspective
This method will help Franklin Templeton offload some of its securities faster, says FIFA
With TER now reduced to critically low levels, the distributor community is seeing a decline in new entrants, leaving investors all alone to decide on MF schemes.
What happens to my investments if my advisor dies? That’s a question discerning investors need to ponder
Asking investment advisors and distributors of financial products to segregate their services is unlikely to change the ground reality
Distributors are realising the need to collaborate to attack areas that they are individually weak in
Contribution of small towns -- known as beyond the top 15 cities (B15) -- to mutual funds' asset base in India surged 47 percent on year
With the GST's implementation, the middlemen will come into the organised bracket and will have to pay taxes for the very first time.
Somany Ceramics, a leading brand in the Indian Ceramic industry, has recently launched its unique and dynamic mobile application for android and iOS ...
The Indian consumer durables industry is pinning its hopes on the upcoming festive season. Better monsoons and 7th Pay Commission are surely going to leave consumers with more disposable income but are distributors seeing this getting translated to higher sales? CNBC TV-18's Yash Jain finds out.
The US-based direct seller Amway today said it does not charge any entry or exit fee from its distributors against the backdrop of the government's decision to ban any such fee.
Asia's oldest bourse BSE today said it will introduce a multi-bank facility for distributors to register clients on the exchange's mutual fund platform from August 1.
India's coal imports fell 11 percent to 19.3 million tonnes in July from a year earlier the sharpest and the first drop in more than a year as local supplies rose and money losing power generators held up purchases, commodities trader mjunction said.
Cable TV viewers and advertisers will find out on Tuesday what Al Jazeera America stands for: is it a US network, a Mideast news outlet, or something in between?
A automated web application that can keep track of information on real-time availability of medicines ...
CNBC-TV18's Mitra Joshi reports that distributors are irked by L&T Finance's exclusion of Fidelity's equity management team and are asking investors to stay away from Fidelity's schemes.
RIM seems to have had the most perfect start for 2012, especially after a lull that it was facing. News ...
Mutual fund distributors are in for fight for their livelihoods. A SEBI concept paper on the regulation of investment advisors suggests that distributors be qualified personnel and this puts pressure on traditional distributors who are mostly unqualified, reports CNBC-TV18 Mitra Joshi and Payaswani Upadhyay.
A panel set up by SEBI to boost mutual fund investments through distributors is considering a new incentive model, wherein investors could be asked to pay a service fee and commissions would be borne by fund houses.
The mutual fund industry has a new headache; nearly 50% of the distributors have left the industry, reports Mitra Joshi and Priyanka Ghosh of CNBC-TV18.
India Gems and Jewellery Trade Federation today said the coming union budget had the potential of restoring the sparkle to the industry if the government sought to grant its various demands, including introducing presumptive tax on total turnover for small jewellers of 2.5 per cent or 3 per cent.