AMC staff to get portion of salary in units of schemes they manage from Oct - NewsBreak

Mumbai, Sep 20 (SocialNews.XYZ) In order to make asset management companies accountable towards the interests of unit holders of mutual fund schemes, market regulator Securities and Exchange Board of India (SEBI) has mandated that all designated employees of AMC be paid upto 20 per cent of their monthly compensation in units of the schemes in which they have a role or oversight.