The upfront trail commission to be paid from AMC's books.
The commission paid to be recovered on pro-rata basis from the distributors, if the SIP is not continued for the period for which the commission is paid.
In other words, folio number is a unique identification number that helps R&T agent recognise an investor.
Change of address request for folios that are KRA compliant will not be registered by the fund and investor should get the address updated with KRA first.
For non KYC folios, self attested proof of address and PAN Card (or any other proof of identity for PAN exempt cases only) are to be submitted for change request at AMC offices or Investor Service Centres of RTAs.
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