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Mutual fund distributors’ commissions grow in FY17

Mutual fund distributors’ commissions grow in FY17

Friday, July 14, 2017, 12:14 PM

Top mutual fund distributors in the country saw their gross commissions payout in 2016-17 increase by 36%, according to the data released by the Association of Mutual Funds of India (Amfi). Top 10 distributors, based on commissions paid in 2016-17, received Rs2,379.42 crore in commissions in 2016-17, compared to Rs1,725.67 crore paid to them in 2015-16.
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