There are two type of earning model which exists in Indian Mutual Fund industry :
I am working under the model -2 ; we strongly believe that it is always honest to tell your clients what will you charge - Directly or Indirectly, instead of putting it under flexible mode! In order to provide a comfort to my clients in terms of our commission range being offered by various Mutual Funds under various categories. And one must know that there is a special CAP of expense to be charged by any MF company under each category.
SL No | Mutual Fund Type | Commission Method | Rate Range | Paid from |
1 | Debt | Trail | 0.05% to 0.75% | Portfolio Expenses charged by the AMC |
2 | Equity | Trail | 0.40% to 1.00% | Portfolio Expenses charged by the AMC |
3 | Hybrid Funds | Trail | 0.40% to 1.00% | Portfolio Expenses charged by the AMC |
4 | Liquid Funds | Trail | 0.05% to 0.40% | Portfolio Expenses charged by the AMC |
I am a AMFI ( Association of Mutual Fund in India) registered MF Distributor vide ARN : 51754 . I am authorized Distributors & Agents for : Mutual Funds, Life & Non Life Insurance, Mediclaim & FD.
I do not charge any advisory fees or transaction fees – directly or indirectly, because we earn commission from the funds which we distribute. You can check the commission disclosure sheet here at Commission Disclosure Although we take our best attempt to ensure the suitability of the product being sold to you, but the same may not always be in the best of your interest.