Recently AMFI
(Association of Mutual Funds in India), the industry association body of asset
management companies in India, was in news over politics between clashes amongst
its small/new players and the bigger/established ones.
The matter was
related to the proposal that AMFI, allegedly was to make to SEBI, to tell it to
form rules abolishing/banning upfront commission by fund houses to its agents.
Fund houses,
especially the smaller and newer...
