Commission Disclosures

Akshar Invest (ARN-117056)

AMFI Registered Mutual Fund Distributor

Effective Date: 01 April 2025

Objective

This Commission Disclosure Policy is prepared in accordance with SEBI and AMFI guidelines requiring Mutual Fund Distributors to disclose commission structures received from Asset Management Companies (AMCs). It ensures transparency for investors and complies with SEBI Circulars on commission disclosures at the point of sale and on websites.

Trail Commission Structure (Indicative Range)

The following table provides the indicative trail commission rates received from various AMCs under different product categories. Actual commissions may vary slightly across schemes and share classes as per AMC-defined slabs and SEBI regulations.

AMC Name Equity Schemes Passive Funds Hybrid Schemes Debt Schemes Liquid Schemes
ICICI Prudential Mutual Fund0.50% – 1.70%0.10% – 0.70%0.50% – 1.10%0.20% – 0.80%0.05% – 0.10%
HDFC Mutual Fund0.50% – 1.40%0.10% – 0.70%0.50% – 1.10%0.20% – 0.80%0.05% – 0.10%
Nippon India Mutual Fund0.50% – 1.60%0.10% – 0.70%0.50% – 1.10%0.20% – 0.80%0.05% – 0.10%
Aditya Birla Sun Life Mutual Fund0.50% – 1.80%0.10% – 0.70%0.50% – 1.10%0.20% – 0.80%0.05% – 0.10%
Quant MF0.50% – 1.50%0.10% – 0.70%0.50% – 1.10%0.20% – 0.80%0.05% – 0.10%
Axis Mutual Fund0.50% – 1.55%0.10% – 0.70%0.50% – 1.10%0.20% – 0.80%0.05% – 0.10%
Bandhan Mutual Fund0.50% – 1.85%0.10% – 0.70%0.50% – 1.10%0.20% – 0.80%0.05% – 0.10%
WhiteOak Capital Mutual Fund0.50% – 1.70%0.10% – 0.70%0.50% – 1.10%0.20% – 0.80%0.05% – 0.10%
HSBC Mutual Fund0.50% – 1.70%0.10% – 0.70%0.50% – 1.10%0.20% – 0.80%0.05% – 0.10%
Canara Robeco Mutual Fund0.50% – 1.50%0.10% – 0.70%0.50% – 1.10%0.20% – 0.80%0.05% – 0.10%
SBI Mutual Fund0.50% – 1.50%0.10% – 0.70%0.50% – 1.10%0.20% – 0.80%0.05% – 0.10%
PGIM India Mutual Fund0.50% – 1.50%0.10% – 0.70%0.50% – 1.10%0.20% – 0.80%0.05% – 0.10%
UTI Mutual Fund0.50% – 1.70%0.10% – 0.70%0.50% – 1.10%0.20% – 0.80%0.05% – 0.10%
Bank Of India Mutual Fund0.50% – 1.50%0.10% – 0.70%0.50% – 1.10%0.20% – 0.80%0.05% – 0.10%
Tata Mutual Fund0.50% – 1.50%0.10% – 0.70%0.50% – 1.10%0.20% – 0.80%0.05% – 0.10%
DSP Mutual Fund0.50% – 1.50%0.10% – 0.70%0.50% – 1.10%0.20% – 0.80%0.05% – 0.10%
Kotak Mutual Fund0.50% – 1.50%0.10% – 0.70%0.50% – 1.10%0.20% – 0.80%0.05% – 0.10%
Bajaj Finserv Mutual Fund0.50% – 1.50%0.10% – 0.70%0.50% – 1.10%0.20% – 0.80%0.05% – 0.10%
Union Mutual Fund0.50% – 1.50%0.10% – 0.70%0.50% – 1.10%0.20% – 0.80%0.05% – 0.10%
Invesco Mutual Fund0.50% – 1.50%0.10% – 0.70%0.50% – 1.10%0.20% – 0.80%0.05% – 0.10%
Franklin Templeton Mutual Fund0.50% – 1.50%0.10% – 0.70%0.50% – 1.10%0.20% – 0.80%0.05% – 0.10%
Motilal Oswal Mutual Fund0.50% – 1.50%0.10% – 0.70%0.50% – 1.10%0.20% – 0.80%0.05% – 0.10%
Samco Mutual Fund0.50% – 1.50%0.10% – 0.70%0.50% – 1.10%0.20% – 0.80%0.05% – 0.10%
Edelweiss Mutual Fund0.50% – 1.50%0.10% – 0.70%0.50% – 1.10%0.20% – 0.80%0.05% – 0.10%
ITI Mutual Fund0.50% – 1.50%0.10% – 0.70%0.50% – 1.10%0.20% – 0.80%0.05% – 0.10%
Mirae Asset Mutual Fund0.50% – 1.50%0.10% – 0.70%0.50% – 1.10%0.20% – 0.80%0.05% – 0.10%
Quantum Mutual Fund0.50% – 1.50%0.10% – 0.70%0.50% – 1.10%0.20% – 0.80%0.05% – 0.10%
Sundaram Mutual Fund0.50% – 1.50%0.10% – 0.70%0.50% – 1.10%0.20% – 0.80%0.05% – 0.10%
LIC Mutual Fund0.50% – 1.50%0.10% – 0.70%0.50% – 1.10%0.20% – 0.80%0.05% – 0.10%
Baroda BNP Paribas Mutual Fund0.50% – 1.50%0.10% – 0.70%0.50% – 1.10%0.20% – 0.80%0.05% – 0.10%
PPFAS Mutual Fund0.50% – 1.50%0.10% – 0.70%0.50% – 1.10%0.20% – 0.80%0.05% – 0.10%

Note

These are indicative ranges. Exact commission depends on the AMC’s scheme category, assets under management (AUM), investor location (T30/B30), and trail structure revisions.

Key Disclosures

  • Akshar Invest receives only trail commission from AMCs; no upfront or incentive commission is accepted.
  • Investors may also refer to their Consolidated Account Statement (CAS) issued by the Registrar or AMC, which displays the total commission paid to distributors for the investor’s investments.
  • Commissions are paid directly by the respective AMCs and are included in the Total Expense Ratio (TER) of the scheme.
  • The distributor does not receive any remuneration, gift, or non-cash benefits from AMCs or associates that could result in a conflict of interest.
  • Any change in trail commission structure will be updated on this website quarterly, as per AMFI guidelines.

Investor Declaration

Investors are hereby informed that the commission structure mentioned above is subject to change and may differ from scheme to scheme within each AMC. Akshar Invest encourages investors to evaluate all costs and benefits before making an investment decision.

Review & Disclosure Frequency

  • This disclosure is updated quarterly and reviewed by the partner.
  • Last updated: October 2025.

Compliance References

  • SEBI Master Circular for Mutual Funds (2023/24, updated 2025)
  • AMFI Code of Conduct (April 2022)
  • SEBI Circulars: Commission Disclosure at Point of Sale & on Distributor Website

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