Disclosures of commission
In accordance with the extant regulations (SEBI circular: SEBI/IMD/CIR No. 4/ 168230/09 following are the details of the comparative Brokerage earned by us (ARN-4968) From various fund-houses, whose products are being distributed.
|AMC Name||Equity funds||ELSS funds||Debt funds|
|Axis Asset Management Company Ltd.||0.55% - 1.00%||1.00%||0.02% - 0.90%|
|Baroda Asset Management India Ltd.||0.70%||0.70%||0.05%-0.80%|
|Aditya Birla Sun Life Asset Management Co. Ltd.||0.10% - 1.00%||1.00%||0.05% - 0.90%|
|BOI AXA Investment Managers||0.30%-1.25%||1.25%||0.03%-1.00%|
|Canara Robeco Asset Management Co. Ltd||0.95% - 1.15%||0.95%||0.01% - 1.05%|
|DHFL Pramerica Asset Managers Pvt. Ltd.||0.35% - 1.6%||1.60%||0.05% - 1.10%|
|DSP Asset Management Co. Ltd.||0.40% - 1.40%||1.30%||0.05% - 1.10%|
|Edelweiss Asset Management Ltd.||0.50% - 1.00%||0.75%||0.05% - 0.50%|
|Franklin Templeton Asset Management (India) Pvt. Ltd.||0.30% - 0.90%||0.70%||0.05% - 0.70%|
|HDFC Asset Management Co. Ltd.||0.15% - 0.95%||0.90%||0.05% - 0.85%|
|ICICI Prudential Aset Management Co. Ltd.||1.00% - 1.25%||1.00%||0.05% - 0.75%|
|IDFC Asset Management Co. Ltd.||0.75%||0.75%||0.05% - 0.80%|
|Invesco Asset Management Ltd.||0.5% - 0.75%||0.75%||0.04% - 0.8|
|JM Financial Asset Management Co. Ltd.||0.50%||0.50%||0.05%-1.00%|
|Kotak Mahindra Asset Management Ltd.||0.40% - 1.60%||1.60%||0.03% - 1.60%|
|L&T Investment Management Ltd.||1.00% - 1.35%||1.35%||0.05% - 1.00%|
|LIC Mutual Fund AMC Ltd.||0.85% - 1.00%||1.00%||0.05% - 0.40%|
|Mirae Asset Global Investments (India) Pvt. Ltd.||1.00% - 1.25%||1.15%||0.10% - 0.60%|
|Motilal Oswal Asset Management Co.||0.40% - 1.35%||1.10%||0.15% - 1.25%|
|Principal Pnb Asset Management Co Private Limited||0.50% - 1.45%||1.40%||0.07% - 1.40%|
|Quantum Mutual Fund||0.10%-0.60%||0.60%||0.10%-0.75%|
|Reliance Capital Asset Management Ltd.||0.50% - 1.10%||1.00%||0.05% - 1.15%|
|SBI Funds Management Pvt. Ltd.||0.30% - 1.25%||1.00%||0.05% - 1.00%|
|Sundaram Asset Management Co. Ltd.||0.90%-1.25%||0.90%||0.05%-1.20%|
|Tata Asset Management Ltd.||0.90% - 1.50%||1.50%||0.05% - 1.10%|
|Taurus Asset Management Co. Ltd.||0.25%-1.50%||1.50%||0.02%|
|UTI Asset Management Co. Ltd.||0.50% - 1.4%||1.40%||0.05% - 1.10%|
The above disclosure is in compliance with the Revised Code of Conduct for Intermediaries of Mutual Funds issued by AMFI.
The Asset Management Company (“AMC”) reserves the right to change /modify/discontinues/ withholds the rates and slabs mentioned at its sole discretion without any prior intimation or notification or in case of Regulatory Changes / Change in Industry practices in respect to payment of Brokerages. The AMC, its employees or Trustees shall not be responsible for any losses incurred by anyone due to change or errors in the brokerage structure.
The rate defined in the structure would be applicable for lump sum as well as SIP, STP & CSIP investments. For Systematic
Transactions, respective scheme Brokerage structure will be applicable.
Total distributor Brokerage/ Brokerage /Incentive shall be the aggregate of Upfront Brokerage, Trail Brokerage and Marketing Support Expenses as expressed in basis points at transaction level. All these shall be inclusive of all statutory levies including service tax/GST.
Net Amount after deducting the statutory levies will be paid to the distributor. The service tax/GST will be deducted from the brokerage payout at the time of payment. The brokerage structure mentioned herein is solely payable to AMFI certified & KYD complied distributors. This brokerage structure is applicable only to distributors of AMC and can be changed/withholding by the AMC as its sole discretion without any prior intimation or notification. The AMC, its employees or Trustees shall not be responsible for any losses incurred by anyone due to change or errors in the brokerage structure. All distributors should abide by the code of conduct and rules/regulations laid down by SEBI & AMFI.
For switch-out(s) made from any open-ended Equity or Balanced scheme to any another Open-ended Equity or Balanced Scheme:
Exit load as applicable to the respective scheme will be charged and brokerage to be paid as applicable.
Mutual Fund Investments are subject to market risks. Please read offer document / SID carefully before investing. For scheme specific risk factors please refer to the respective offer documents. Please refer OD / SID / KIM / Factsheet / Addendums for updated details.