19 Mar 2026 | 5 Mins Read

GST changes may hit SEBI-regulated small mutual fund distributors

Flipitmoney

Smaller mutual fund distributors will likely face financial and operational impacts under new regulatory changes effective April 1. The shift affects commissions, with GST-registered distributors receiving 0.85% base commission and 0.15% GST, and unregistered distributors receiving 0.85%, losing the earlier tax portion. The change may see 15% income decline for some.