Disclosure
We receive commission from Asset Management Companies for investments made under our ARN Code. The commission receivable is subject to and as per the guidelines laid down by SEBI and the Asset Management Companies. The commissions payable to us for the different schemes of various mutual funds, as required to be disclosed under clause 4(d) of the SEBI Circular No. SEBI/IMD/CIR No. 4/168230 dated June 30, 2009 is provided here in below.
| Scheme Type | Up-Front | Trail-1st Year | Trail-2nd Year Onwards |
|---|---|---|---|
|
Liquid/Ultra Short-Term Schemes |
Nil |
0.05%-0.65% |
0.05%-0.65% |
|
Short Term Income Funds |
Nil |
0.05%-0.65% |
0.05%-0.65% |
|
Income Funds |
Nil |
0.05%-1.0% |
0.05%-1.0% |
|
Gilt Funds |
Nil |
0.05%-0.65% |
0.05%-0.65% |
|
Hybrid Debt/Monthly Income Plans |
Nil |
0.05%-0.75% |
0.05%-0.75% |
|
Arbitrage Funds |
Nil |
0.05%-0.60% |
0.05%-0.60% |
|
Fund of Funds |
Nil |
0.25%-0.50% |
0.25%-0.50% |
|
ELSS |
Nil |
0.50%-1.50% |
0.50%-1.50% |
|
Index Funds |
Nil |
0.0%-0.75% |
0.0%-0.75% |
|
Equity / Hybrid Equity Balance Funds |
Nil |
0.50%-1.50% |
0.50%-1.50% |
|
Fixed Maturity Plans |
0.05%-1.0% |
Nil |
Nil |
Details of scheme-level commissions on mutual funds are available to the relationship managers and will be produced on demand.
This is on a best-effort basis and rates are updated as and when actual rates are received from AMCs.