Total Expense Ratio transparency required: scheme borne commissions limited, full trail model mandated, SIP carve out tightly controlled. Regulation mandates that all scheme expenses, including distributor commissions, be paid from the scheme within regulatory limits and prohibits off book payments; mandates full trail commission models with a limited SIP carve out allowing upfronting for new individual investors identified by PAN subject to caps, amortisation, audit trails and pro rata recovery; and requires TER headwise disclosure, investor friendly scheme performance publication on AMFI's platform, trustee confirmations and immediate implementation of most provisions.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Total Expense Ratio transparency required: scheme borne commissions limited, full trail model mandated, SIP carve out tightly controlled.
Regulation mandates that all scheme expenses, including distributor commissions, be paid from the scheme within regulatory limits and prohibits off book payments; mandates full trail commission models with a limited SIP carve out allowing upfronting for new individual investors identified by PAN subject to caps, amortisation, audit trails and pro rata recovery; and requires TER headwise disclosure, investor friendly scheme performance publication on AMFI's platform, trustee confirmations and immediate implementation of most provisions.
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