AMFI Code of Conduct

As an AMFI-registered Mutual Fund Distributor (ARN-286502), GTDIS Distribution follows the Code of Conduct for Intermediaries of Mutual Funds prescribed by AMFI under SEBI’s directions. The full, current text is published on the AMFI website. A summary of its main principles follows.

Investor’s interest first

• Take the investor’s interest as paramount in all dealings.
• Do not rebate commission to investors or attract them through inducements such as gifts.
• Do not indulge in fraudulent or unfair trade practices, including mis-selling.

Disclosure

• Disclose all material information about a scheme, including risk factors and the scheme’s riskometer.
• Provide scheme-related documents — SID, SAI, KIM and addenda — on request.
• Disclose all commissions (in the form of trail commission or any other mode) payable for the different competing schemes of various mutual funds from which the scheme is being recommended to the investor.

Suitability

• Understand the investor’s risk profile and consider whether a product is suitable before selling it.
• Highlight risk factors, and avoid misrepresentation and exaggeration.
• Do not make assurances or promises of returns.

Compliance

• Follow SEBI regulations and AMFI guidelines, including those on advertising, KYC and prevention of money laundering.
• Ensure that employees who sell mutual funds hold valid NISM certification and an EUIN.
• Protect the confidentiality of investor information.

Service

• Do not churn investments or encourage switching purely to earn commission.
• Do not deal in investor money other than through the proper banking channels in favour of the mutual fund.
• Handle complaints promptly. See our grievance redressal process.

If you believe we have not acted in line with this Code, please write to contact@gtdis.in.