MFDs can get an incentive of Rs. 500 for bringing in Choti SIPs. Overall, MFDs can earn up to Rs. 1,500 for three such SIPs.

The proposals in the consultation paper are based on the representations by Industry Associations and deliberations and will require amendments to the provisions of SEBI (Investment Advisers) ...

IFSCA proposes the framework to formalize the role of institutional investors and Fund Management Entities (FMEs) as stewards of capital.

HDFC MF, ICICI Prudential MF, SBI MF, Motilal Oswal AMC and UTI MF are the top players in terms of tracking error and difference.