In your interest.
Online Personal Finance Magazine
No beating about the bush.
Kickbacks to attract institutional money into mutual funds are rampant. Some top software companies that talk of governance are guilty of this too. This is how it works
A few years ago, rebating of commission (passing back a part of the commission by the distributor to the investor) by mutual fund distributors was banned. So, official rebating by cheque stopped. One rule also says that no...