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A Mutual Fund Agent or Distributor is a person who sells mutual fund schemes to investors.
A Mutual Fund Agent or Distributor is a person who sells mutual fund schemes to investors. The fee an agent receives from the AMCs for marketing mutual fund schemes is known as the Mutual Fund Distributor or Agent's Commission. The MF distributor commission calculator differs among every mutual fund scheme and asset management firm. Each AMC has its own mechanism for paying distributor commissions, and varying rates of commissions for various categories such as debt, equity, hybrid, and so on.