As per SEBI circular: SEBI/IMD/CIR No.4/ 168230/09, following are the details of the comparative commission earned by My Financial Advisor from various fund houses
Scheme Type Upfront Trail - 1st Year Trail - 2nd Year Onwards
Liquid & Floating Schemes 0 – 0.05% 0.20% -0.30% 0.20% - 0.30%
Ultra Short Term Schemes 0 – 0.05% 0.20% -0.50% 0.20% - 0.50%
Short Term Schemes 0 – 0.05% 0.10% -0.50% 0.10% - 0.50%
Income Schemes 0.25% - 1.00% 0.25% -1.00% 0.25% - 1.00%
Gilt Schemes 0 0.40% -0.60% 0.25% - 0.25%
Monthly Income Plan 0.25% - 1.00% 0 0.40% - 0.60%
Arbitrage Funds 0.05% - 0.40% 0.05% -0.60% 0.05% - 0.60%
Fund of Funds 0.50% - 1.25% 0.25% -0.50% 0.25% - 0.50%
ELSS 0.50% - 3.00% 0 0
Index Fund 0 0.30% -0.75% 0.10% - 0.30%
Equity & Balanced 0.50% - 0.75% 0.50% -0.75% 0.50% - 0.75%
Fixed Maturity Plans 0.05% - 0.10% 0 0
My Financial Advisor may also get marketing expense reimbursements from various Asset Management Companies. These reimbursements are contingent, event based and may or may not be paid by AMC’s in a particular period. Further reimbursements cannot be attributed to any particular scheme/s being offered by such AMC’s. This disclosure is made on a best efforts basis and the rates are updated periodically.
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