Disclosure

Transparency about who we are, how we are paid and what conflicts may exist is the foundation of a fair relationship with an investor. This page sets out those disclosures.

Entity And Registration

Our ARN status can be independently verified on the AMFI register at amfiindia.com. We encourage every investor to do so before transacting.

How We Are Remunerated

We are a Mutual Fund Distributor. We are remunerated through commission paid to us by the Asset Management Company whose scheme you invest in. This commission is paid out of the scheme’s expense ratio under the regular plan and is not charged to you separately by us.

• Trail commission is paid periodically for as long as your investment remains in the scheme.
• Rates vary by scheme category. Equity-oriented schemes typically carry a higher trail rate than liquid or short-duration debt schemes.
• Insurance commission is paid by the insurer where we place a policy, as per IRDAI norms.
• Full disclosure on request. You may ask us at any time what commission we receive on any scheme you hold or are considering, and we will tell you.

Conflict Of Interest

Because trail commission rates differ between scheme categories and between Asset Management Companies, a structural conflict exists in any distribution relationship. We manage it as follows:

• Scheme shortlisting begins at the category level, determined by your stated time horizon, before any specific scheme is named.
• We do not operate sales targets tied to any individual Asset Management Company.
• We do not accept any incentive that is contingent on directing investors to a particular scheme.
• We disclose our commission on any scheme when asked, without requiring a reason.
• We will advise against a product, in writing, where we believe it does not suit your stated horizon.

What We Do Not Do

• We do not provide portfolio management or discretionary services.
• We do not pool, hold or handle client funds. All payments go directly to the AMC or insurer.
• We do not accept cash under any circumstances.
• We do not operate any scheme, product or arrangement of our own.
• We do not guarantee returns on any market-linked product.

Regulatory Framework

Our conduct as a distributor is governed by the SEBI (Mutual Funds) Regulations, 1996 as amended, guidelines and circulars issued by SEBI from time to time, and the AMFI Guidelines and Norms for Intermediaries including the Code of Conduct for Mutual Fund Distributors. Insurance distribution is governed by applicable IRDAI regulations.