Hi,
As per my knowlede an upfront commision is deducted frm investors invesment amount by AMC and paid to broker.
so if an investor is investing anything above 10000 Rs , then Rs 100 is deducted and net investment reduces by amount 100.(in case of existing investor)
if i m not wrong this is applicable to all folios, and all scheme.
so can i avoid this deduction if i m investing Rs 9999 through diffrent folios or through diffrent AMC ?
I m using on line account of broker to invest in liquid fund to park my short term money and there is no broking charge for tranjection in liquid fund.