https://www.taxtmi.com/circulars?id=58447 SEBI permits a structured transaction charge paid from qualifying subscription proceeds to distributors while excluding direct investments and non purchase flows; charges must be disclosed in bold, deducted by AMCs with net investment and units shown in statements, be subject to distributor level opt out only, and AMCs remain responsible for distributor malpractices and must detect folio splitting and complete folio de duplication within six months. en-us Mon, 22 Aug 2011 00:00:00 +0530 Wed, 19 Dec 2018 12:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=58447 SEBI permits a structured transaction charge paid from qualifying subscription proceeds to distributors while excluding direct investments and non purchase flows; charges must be disclosed in bold, deducted by AMCs with net investment and units shown in statements, be subject to distributor level opt out only, and AMCs remain responsible for distributor malpractices and must detect folio splitting and complete folio de duplication within six months. Circulars SEBI Mon, 22 Aug 2011 00:00:00 +0530 https://www.taxtmi.com/circulars?id=58447