NISM 5B Mutual Fund Foundation Certification Exam Notes
Page 65 Of 121
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GST Applicability: Distributors with turnover above Rs. 20 lakhs pay GST.
Nomination Facility: AMFI mandates nomination for distributors’ commissions.
Distributor Code Change: Allowed only under specific conditions, like cessation.
Small Town Incentives: SEBI allows extra commission for small-town distribution.
Online Platforms: Enhance transaction convenience for investors.
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