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Do mutual funds pay maximum commission to their associate distributors?

Out of Rs 7,832 crore paid out as commission by the top 10 bank-sponsored mutual funds, Rs 1,862 crore, or around 24 percent, went out to their parent banks. This is also because the large branch network of many parent banks helps attract inflows
Dhirendra Kumar Prudent Corporate Advisory Services Rs Axis Bank Rs Association Of Mutual Funds India Value Research Axis Bank

Nippon India, IPru MF's EPFO play gets going; move to help shore up AUM

The Employees Provident Fund Organisation (EPFO) made its maiden investments in the National Stock Exchange Nifty50 and the S&P BSE Sensex exchange-traded funds (ETFs) offered by Nippon India and ICICI Prudential (IPru) in July. These two fund houses are now in the company of public sector bank-linked players SBI Mutual Fund (MF) and UTI MF, whose products have traditionally been used by the retirement fund body. EPFOs investment corpus was routed through Nippon and IPru nearly three months afte...
Uttam Ghosh Rediff Dhirendra Kumar Sensex Etfs Value Research National Stock Exchange Nifty Central Board Of Trustees
Source: rediff.com

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