Mutual Fund Commission Disclosure
As per SEBI circular: SEBI/IMD/CIR No. 4/ 168230/09, following are the details of the commission earned by Incred Capital Inclusion Advisory Services Private Limited (Incred Wealth) from various fund-houses, whose products are being distributed:
| Commission from Mutual funds | Top 30 cities |
|---|---|
| Fund Schemes | Trail |
| Equity Schemes | |
| Equity Funds | 0.35% to 1.75% |
| Hybrid Schemes | |
| Hybrid Funds | 0.35% to 1.65% |
| Debt Schemes | |
| Overnight & Liquid | 0.02% to 0.25% |
| Ultra-Short to Short Duration | 0.10% to 0.90% |
| Income and Bond Funds | 0.10% to 1.00% |
| Credit Risk | 0.50% to 1.05% |
| Gilt | 0.20% to 1.10% |
| Floater | 0.05% to 0.75% |
| Other Schemes | |
| Index Funds | 0.04% to 0.75% |
The rates of commission disclosed above: 1. refer to T 15 cities in India; 2. could be higher in case of B 15 cities 3. are subject to change, without any prior consent and at a sole discretion and agreement between the INCRED WEALTH and the respective AMCs, and 4. this information is compiled on a best effort basis and rates are updated as and when they are received from AMCs
Please note that, at the discretion of AMC, INCRED WEALTH could also get reimbursements towards promotion and marketing related activities conducted by INCRED WEALTH on behalf of AMCs. These reimbursements are event based and the same may or may not be received from AMCs in a period. Further, since such activities may be carried out at AMC level, reimbursement amount received cannot be attributed to any specific scheme being offered by such AMC.