Groww Asset Management, Trustee Settle Case with Sebi; Pay Rs 9 Lakh
The Sebi’s rule mandates that all scheme-related expenses, including commission paid to distributors, need to necessarily be paid from the scheme only within the regulatory limits and not from the books of the AMC. The applicants, in the settlement application, stated that during April 2020 to March 2022, certain scheme-related expenses were being paid by … Read more
