Mutual Fund Commission
As per SEBI circular: SEBI/IMD/CIR No. 4/168230/09, following are the details of the comparative commission earned by SIDA Services from various AMCs for distribution of mutual fund schemes:
| Mutual Funds – Category | Upfront Income | Trail Every Year |
|---|---|---|
| Equity & Hybrid Funds | 0% | 0.30% to 1.35% |
| Index Funds | 0% | 0.10% to 0.60% |
| ELSS Funds | 0% | 0.65% to 1.25% |
| Arbitrage | 0% | 0.45% to 0.75% |
| International Funds | 0% | 0.40% to 1.00% |
| Gold Funds | 0% | 0.20% to 0.35% |
| Debt - Liquid Funds | 0% | 0.02% to 0.15% |
| Debt - Ultra Short Term Funds | 0% | 0.10% to 0.55% |
| Debt - Short Term Debt Funds | 0% | 0.40% to 0.65% |
| Debt - Medium Term / Credit Risk Funds | 0% | 0.70% to 1.10% |
| Debt - Dynamic / Long Term Funds (including Income & GILT funds) | 0% | 0.40% to 1.10% |
| Corporate Bond / Banking & PSU Debt Funds | 0% | 0.20% to 0.50% |
| Debt Index Funds (Target Maturity Funds) | 0% | 0.15% to 0.25% |
| Close Ended Debt Funds / Fixed Maturity Plans (FMP) | 0% | 0.10% to 0.20% |
The above commission details cover a broad range of different categories of mutual funds. Details of scheme-level commission on Mutual funds are available with the Relationship Managers and will be produced on demand. This is done on a best-effort basis, and commission rates are updated as and when actual rates are received from AMCs.
Insurance
- We may receive commissions from our IRDAI-licensed insurance partners for policies facilitated through us.
- Commissions comply with the regulatory framework; the exact amount will be disclosed on request after the service is delivered.
PMS / AIF
- We act as a sub-distributor for SEBI-regulated Portfolio Management Services (PMS) and Alternative Investment Funds (AIFs). The primary licence is held by a third-party entity.
- We may receive distribution or referral remuneration from the PMS/AIF provider or its principal distributor, strictly within the regulatory framework.
- Remuneration ranges are disclosed at the time of onboarding for the service, and the specific amount will be shared on request after service delivery.
- Execution, custody, and portfolio management are carried out by the respective SEBI-regulated entities. We do not provide investment advice under SEBI (Investment Advisers) Regulations, 2013.