Mutual fund commissions: Where did the ₹27,335 crore go?

In the 2025 fiscal year, mutual fund investors shelled out approximately ₹27,335 crore in distribution commissions. A significant 77.2% of this total was distributed among a small group of 3,158 distributors. The rest of the money, amounting to ₹6,229 crore, was split among roughly 2.03 lakh distributors who fall under the AMFI disclosure limit, working out to an average of ₹3.07 lakh per person. Looking at the disclosed figures, 50 bank-affiliated channels brought in ₹6,330 crore, whereas 1,474 individual distributors saw average earnings of ₹1.82 crore each.

by shortkt.com
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Mutual fund commissions: Where did the ₹27,335 crore go? | ShortKT