As per SEBI circular, SEBI/IMD/CIR No. 4/168230/09, following are the details of the comparative commission earned by us from various Fund Houses, whose products are being distributed.
Categories | Up-Front | Trail-1st Year | Trail 2nd Year onwards |
Equity and Balanced | 0% to 1% | 0% to 2.20% | 0% to 2.20% |
Index | 0% to 1% | 0% to 0.75% | 0% to 0.75% |
ELSS | 0% to 1% | 0% to 2.00% | 0% to 2.00% |
Asset Allocation | 0% to 1% | 0% to 1.75% | 0% to 1.75% |
Arbitrage Funds | 0% to 1% | 0% to 0.70% | 0% to 0.70% |
Monthly Income Plans | 0% to 1% | 0% to 1.50% | 0% to 1.50% |
Gilt | 0% to 1% | 0% to 1.00% | 0% to 1.00% |
Income | 0% to 1% | 0% to 1.50% | 0% to 1.50% |
Short Term | 0% to 1% | 0% to 1.00% | 0% to 1.00% |
Liquid & Floating Rate | 0% to 1% | 0% to 1.00% | 0% to 1.00% |
We also get reimbursements towards promotion and marketing related activities conducted by us on behalf of AMCs. These reimbursements are event based and the same may or may not be received from AMCs in a particular period. Further, since such activities may be carried out at AMC level, reimbursement amount received cannot be attributed to any specific Scheme being offered by such AMC.
This is on a best effort basis and rates are updated as and when actual rates are received from AMCs.
The above schedule of commission is as of 01 April 2016. It is subject to change without any prior consent and at a sole discretion and agreement between us and the respective Mutual Fund Houses.
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