SEBI allows transaction charges for distributors bringing minimum ₹10,000 subscription, effective immediately
| Photo Credit:
HEMANSHI KAMANI
Capital market regulator SEBI has allowed a transaction charges to distributors who bring in minimum subscription of ₹10,000.
The decision follows a public consultation on the subject matter carried out in May 2023 followed by an industry consultation in June, said SEBI in a circular on Friday.
Based on the feedback received from the industry and considering that distributors as an agents of AMCs are entitled to be remunerated by the AMCs, the charges or commission will be done away with, it said.
The circular will come into force with immediate effect, said SEBI.
Published on August 8, 2025