As required under SEBI Circular No. SEBI/IMD/CIR No. 4/168230/09 dated June 30, 2009, the following are the indicative ranges of trail commission receivable by PARAMI Financial Services Private Limited from Asset Management Companies (AMCs) for distribution of mutual fund schemes under Regular Plans. IMPORTANT: Mutual fund investments made through PARAMI under a Regular Plan involve payment of distribution commission by the AMC to PARAMI. Direct Plans do not pay distributor commission.
1. The above ranges are indicative and may vary across AMCs, schemes, plan options, asset levels, tenure and periods. AMCs may revise commission rates from time to time.
2. Scheme-level commission details and comparative commission information for competing schemes considered for recommendation are available with the authorised relationship manager and will be provided to an investor on request and, where applicable, at the time of recommendation.
3. No entry load is charged to the investor. Commission received by PARAMI forms part of the scheme's applicable expenses under the prevailing regulatory framework.
4. The selection or recommendation of a mutual fund scheme is based on the investor's stated objectives, risk profile, investment horizon and product suitability, and not solely on the commission payable. Disclosure
Category Trail Commission Range – Year 1 Trail Commission Range – Year 2 onwards Open-ended Equity Schemes 0.60% to 1.75% 0.75% to 1.75% Hybrid Schemes 0.50% to 1.75% 0.50% to 1.75% ELSS 0.60% to 1.75% 0.60% to 1.75% Index Funds 0.10% to 0.60% 0.10% to 0.60% Arbitrage Funds 0.25% to 1.00% 0.25% to 1.00% Liquid / Overnight Funds 0.02% to 0.10% 0.02% to 0.10% Debt Funds 0.20% to 1.25% 0.20% to 1.25%
