As per SEBI Circular No. SEBI/IMD/CIR No. 4/168230/09 dated June 30, 2009, mutual fund distributors are required to disclose all the commissions (in the form of trail commission or any other mode) payable to them for the different competing schemes of various mutual funds from amongst which the scheme is being recommended to the investor.
We are purely a distributor of Mutual fund and hence earn our commission as a product distributor. However incidental to our services, we provide add on services like- Financial Planning, Fixed Deposit investments, Insurance advisory and others. However we do not charge any extra fees for any of these incidental services due to our key source of Income as a distributor of Mutual Funds.
As a part of our own philosophy we keep a very transparent and clear disclosure of our earnings for the understanding of our clients:
In this line, we would like to disclose that the trail commission/brokerage receivable by us from various Asset Management Companies (AMCs) is as below:
SL No | Mutual Fund Type | Commission Method | Rate Range | Paid from |
1 | Debt | Trail | 0.01% to 0.75% | Portfolio Expenses charged by the AMC |
2 | Equity | Trail | 0.10% to 1.25% | Portfolio Expenses charged by the AMC |
3 | Hybrid Funds | Trail | 0.10% to 1.25% | Portfolio Expenses charged by the AMC |
4 | Liquid Funds | Trail | 0.01% to 0.20% | Portfolio Expenses charged by the AMC |
The commission/brokerage rates vary:
www.dconnectfinancial.com is an online website of DCONNECT FINANCIAL AND INVESTMENT SERVICES PVT LTD who is registered vide ARN - 248696 as a AMFI registered Mutual Fund Distributor. The said website is intends to provide educative and informative details related to investments and also provide online transaction facility in Mutual Funds. We do not charge any fees for these calculators and information, because we earn our commissions from the Mutual Fund companies. The website does not guarantee any returns or financial goal success by any means.