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    <description>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&#039;s platform, trustee confirmations and immediate implementation of most provisions.</description>
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