Transactions submitted through MF Utility (MFU) are forwarded to the respective AMC or its RTA for processing
Can an IFA operate through MF Utility without the loss of commission?
- Shivaji Narendra Bartake
Yes, IFAs can operate without losing their commission. Transactions submitted through MF Utilities (MFU) are forwarded to the respective AMC or its RTA for processing. There is no change in applicability of brokerage or its processing.
For more information, click: https://www.mfuindia.com/DistributorFAQ
This article was originally published on January 13, 2016.
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