Do I need to pay entry charge to the person who sells mutual fund scheme ?

Mutual fund schemes are exempt from entry charges, as stated above. A distributor can be paid by an investor based on how the investor evaluates various factors, including the services rendered by the distributor. AMC pays commission directly to distributors for investments made through distributors. This ensures that an investor's total expense ratio is within the limits set out in regulation 52 of SEBI (Mutual Funds) Regulations 1996. Investors are responsible for paying the same cost as the SEBI Regulations. Distributor can also levy transaction charges of INR 150 or INR 100 for each subscription above INR 10,000 by new investors and existing investors, respectively. If a distributor has agreed to charge transaction charges for this type of mutual fund scheme, then this transaction charge may be levied. The transaction fee, if any is, will be deducted from the subscription amount by the AMC and paid to distributor. The balance must be invested.