Photo: Mint Markets
Business & Finance
Why mutual fund distributors are giving up multiple licences
TL;DR
- Mutual fund distributors with multiple AMFI registration numbers are asking asset managers to consolidate them after revised Sebi rules removed the GST-related benefit of splitting commissions.
Short summary
Our full write-up is on its way. For the complete story, read the original report:
Nov 3, 2026 · Updated 11/4/2026, 12:31:12 AM · Reported with: Mint Markets
Sources (1)
NRI Bytes writes its own articles from the reporting below.
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