NISM 5B Mutual Fund Foundation Certification Exam Notes

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  • ARN Requirement: Distributors need an AMFI Registration Number (ARN).
  • Empanelment with AMCs: Distributors can empanel with multiple AMCs.
  • Commission Structure: Includes upfront and trail commissions based on AUM.
  • SEBI Commission Norms: Regulate commission disclosure and payment.
  • Due Diligence by AMCs: Ensures distributors meet regulatory standards.

NISM 5B Mutual Fund Foundation

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