As required by SEBI Circular No. SEBI/IMD/CIR No.4/168230/09 dated June 30, 2009.
In accordance with the SEBI Circular No. SEBI/IMD/CIR No.4/168230/09 dated June 30, 2009, and subsequent updates from the Association of Mutual Funds in India (AMFI), the following details represent the commission earned by Karv Capital (ARN-348575) as a distributor for various mutual fund schemes.
Karv Capital operates on a trail-only commission model. We do not charge or receive any "upfront" commissions. The trail commissions are calculated by the respective Asset Management Companies (AMCs) based on the daily average assets of your holdings at the prevailing Net Asset Value (NAV).
The commission ranges provided below are on a "best-effort" basis and represent the standard trail rates received from various AMCs.
| Scheme Category | Trail 1st Year (%) | Trail 2nd Year Onwards (%) |
|---|---|---|
| Equity Oriented Funds / ELSS | 0.50% – 1.50% | 0.50% – 1.50% |
| Hybrid Equity / Balanced Funds | 0.50% – 1.50% | 0.50% – 1.50% |
| Debt / Income Funds | 0.05% – 1.00% | 0.05% – 1.00% |
| Gilt Funds | 0.25% – 1.00% | 0.05% – 0.65% |
| Liquid / Ultra Short-Term Funds | 0.05% – 0.65% | 0.05% – 0.65% |
| Arbitrage Funds | 0.05% – 0.60% | 0.05% – 0.60% |
| Index Funds | 0.01% – 0.75% | 0.01% – 0.75% |
| Fixed Maturity Plans (FMP) | 0.05% – 0.50% | 0.05% – 0.50% |
If you have any queries or grievances regarding the commissions or our distribution services, please contact our support team: