RTA Mutual Fund Exam Important Points

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  • Since there is no distributors involved in a direct plan and no commission is payable, the TER of such plans are lower compared to regular plans where commissions need to be paid to the distributors involved.
  • SEBI has classified cities as'Top30' (T-30) and'Beyond top 30' (B-30) cities. T-30 refers to the top 30 geographical locations in India from where the mutual fund investments are made. The T-30 locations account for more than 80 percent of the industry AUM.
  • Distributors mobilizing funds from investors located in B-30 locations would earn higher commission. The additional TER shall be charged based on inflows from retail investors from beyond top 30 cities (B-30 cities).
  • Inflows of amount upto Rs. 2,00,000 per transaction, by individual investors shall be considered as inflows from
  • The report on AUM by Geography as well as tagging T-30/ B-30 transactions should be based on investors' PIN code in the folio.

NISM RTA MUTUAL FUND

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