You need a Mutual Fund Distributor (MFD) for professional guidance, convenience, and personalised strategies, even though direct plans exist. MFDs help you navigate market volatility, select appropriate funds aligned with your goals, and handle administrative tasks, which can be especially beneficial for investors with limited market knowledge.
The following are the broad Trail Commission earned by us currently across each category:
Category
Equity and Hybrid
ELSS
Index
Arbitrage
Debt
Liquid
Trail 1st Year Onwards
0.60% - 1.20%
0.60% - 1.25%
0.10% - 0.60%
0.30% - 0.70%
0.05% - 0.60%
0.02% - 0.15%
We are AMFI-registered mutual fund distributors and therefore offer Regular Plan schemes, for which we are compensated by the Asset Management Companies (AMCs) through commissions or incentives. As a result, we do not charge any separate fees for our services.
Details of the scheme-level commission on mutual funds are available with 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.
An exit load is a fee charged by the Asset Management Company (AMC) to investors when they redeem (sell) their mutual fund units within a specified period.
It may apply depending on the investment's holding period before redemption. It is advisable to assess these charges when making investment decisions in mutual fund schemes.
The fund retains the exit load. It is not a source of income or commission for distributors nor AMC.
This option is available for every mutual fund scheme, offering investors the benefit of a lower expense ratio. As we are not entitled to earn any commission on Direct Plans, we do not offer or deal in them.
