AIF distributor commission
Also written: aif commission, aif distributor
What is AIF distributor commission in an Indian AIF?
Since 1 May 2023, Category III AIFs must pay distributors on an all-trail basis with no upfront commission, paid out of the management fee. Categories I and II may pay up to one-third of the total distribution fee upfront, the remainder on equal trail across the fund’s tenure.
Authority: SEBI circular effective 1 May 2023
Related terms
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