This article will detail about the commissions earned by the AMFI Registered Mutual Funds Distributors in FY 2017-18 and other money matters.
Mutual fund distributors provide a facility for investors to buy and sell schemes. The funds bought from the distributors are often referred as regular mutual funds. Due to the commissions involved, the investments made through distributors offer lesser returns over a period of time. There are two types of Mutual Fund distributors viz.,
- Institutional mutual fund distributors and
- Individual mutual fund distributors.
Investing in Direct mutual funds save a lot of money over the period of years in contrast to investing in regular mutual funds. Many people tend to buy mutual funds through brokers just because there are many third-party services available in the market attracting potential investors.
Investing in Mutual Funds through third-party mutual fund platforms will allot regular schemes to the investors. One can verify this in the account statement for the presence of Advisor that matches the name of the company through which you have invested into the Mutual Fund. It is rather daunting for many budding investors that what happens to the investments made in Mutual Funds if the Advisor runs out of business? This article helps mutual fund investors of regular schemes to track their mutual funds even after the third-party advisor runs out of business.