The sharp spike in commission comes on the back of surge in the equity markets and sustained flows into equity MF schemes
Last Updated at September 5, 2022 22:42 IST
The commission pocketed by entities distributing mutual fund (MF) products has jumped nearly 2.3x, from Rs 4,625 crore in 2020-21 to Rs 10,420 crore in 2021-22 (FY22), reveals data released by industry body Association of Mutual Funds in India.
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First Published: Mon, September 05 2022. 22:42 IST