Hi Manish,
Thanks for your blog and excellent forum.
I am asking this question on behalf of my dad. He has been investing in various mutual funds through an agent who works for BlueChip (http://www.bluechipindia.co.in). My dad says he doesn’t pay any commission to this agent, there is no entry load and also the full amount is invested. I am not sure how the agent gets paid then. Do the mutual fund companies pay these agents? Can you throw some light on this?
Thanks,
Arun.