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What is the SEBI guideline on ‘DIRECT investment all about?

April 26, 2017guideline Investment sebi

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What is the SEBI guideline on ‘DIRECT investment all about?

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In the interest of the investors, The Securities and Exchange Board of India (SEBI) has mandated that no entry load shall be charged for ‘DIRECT’ applications received by the Asset Management Company (AMC) i.e. applications received through Internet, submitted to AMC or collection centre / Investor Service Centre that are not routed through any distributor/agent/broker.