Ch.6 · ARN and EUIN Rules · easy
What is an online platform (fintech) distributor in mutual fund distribution?
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EXPLANATION
Fintech distributors (like Groww, Zerodha Coin, Paytm Money, ET Money) are technology-driven platforms that allow investors to buy and manage mutual funds digitally. They hold AMFI ARN registration, are empanelled with AMCs, and earn trail commissions. Many also offer direct plans with zero commission.
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