Commission Disclosure
I, S Babu Arunachalam, ARN 10520, am a Mutual Fund Distributor and get my brokerage from asset management companies (mutual fund houses), which is part of the Total Expense Ratio as applicable to Regular Plans. Details of such brokerage are available in your Half Yearly Consolidated Account Statement, as mandated by SEBI Circulars dt. 18/3/16 & 20/9/16.
I do not charge any other fees for my services.
The Maximum Expense Ratio Chargeable in Debt & Equity schemes under Regulation 52 of the SEBI (MF) Regulations, 1996 is as below-
In addition to the above, following expenses can be charged to the Scheme: a) up to 5 basis points (bps) under Regulation 52(6A)(c), b) up to 30 bps for gross new inflows from retail investors from B30 cities, and c) Goods and Services Tax (GST) on investment management and advisory fees.
Brokerage on Mutual Fund Schemes
For any other details in this regard, you are welcome to email me at babuarunachalamarmfd@gmail.com.
The Normal Turnaround Time for Complaints is 3 working days