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Hi Chandra sir, You are right , but we all shall request SEBI to segregate this at the expense ratio level itself. Then even the GST could be charged to the investor.

I wish to know about Hdfc balance fund our one customer intrested to invest about ten lakh lam Sam amount for monthly income.

Dear Chandra, I agree with you on the completing Empanelment with each individual amc (apox 42) is a tuff job for any new distributor, why can''t we have a single point of Empanelment with single documentation. While we go for individual Empanelment I see everyone required similar document to complete Empanelment. I know some AMC are considering Empanelment based on the Current AUM turnover of distributor. In that case, their should be model where which can activate there Empanelment once AUM requirements is in eligible then the Empanelment should automatically activated else that can be in disable mode. I wish this area improve little more.

Now to register under GST where your brokerage is less than 20 lakhs. It is very difficult for small distributor because fees of any CA is very high even they don''t have enough time.

Even I am facing the same difficulty though I have empanelled with 13-14 AMC''s. I think like KYC once one has done KYD he should be able to do empanellment online by filling the data and bank details. Def the brokerage should be uniform acroos diffrent AMC''s