Most people don't buy a smartwatch because they want another gadget. They buy one after a few quiet signs from their own body - feeling unusually tired, noticing sleep has slipped, or wanting a clearer sense of how stress and movement stack up through the day
Sebi Considers Rs 2,000 Incentive To Boost Mutual Fund Investing In Smaller Cities, Women
Sebi Considers Rs 2,000 Incentive To Boost Mutual Fund Investing In Smaller Cities, Women
Sebi has proposed a new incentive framework for mutual fund distributors to encourage greater participation from investors in cities beyond the top 30 as well as from women investors.
Under the proposal, asset management companies (AMCs) can offer distributors up to Rs 2,000 as additional commission for onboarding new individual investors from non–top-30 cities and for bringing in new women investors. However, to qualify for this incentive, the investor must remain invested for a minimum period of one year, Sebi said in a circular issued on Thursday. The additional payout will be funded through the investor education fund.
The regulator also clarified that distributors will be eligible for the extra commission for mobilising investments from new women investors even within the top-30 cities. However, dual incentives for the same investor will not be permitted.
The proposed incentive structure is scheduled to come into effect from February 1, 2026.
Source: News18
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Most people don't buy a smartwatch because they want another gadget. They buy one after a few quiet signs from their own body - feeling unusually tired, noticing sleep has slipped, or wanting a clearer sense of how stress and movement stack up through the day
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