Anagol, Santosh; Marisetty, Vijaya; Sane, Renuka; … - Indira Gandhi Institute of Development Research (IGIDR) - 2013
Mutual fund companies typically charge investors distribution fees, such as 12b-1 fees in the United States, which they then use to pay commissions to brokers. We evaluate a major Indian investor protection reform that limited the ability of mutual funds to charge distribution fees to pay broker...