Disclosure

Commission & Distribution Disclosure

SFIC Fiscal Services Pvt. Ltd. and SFIC Agencies Pvt. Ltd. (collectively referred to as the “Firms”) are engaged in the distribution of mutual fund products under their respective ARN codes.

The Firms earn commission from Asset Management Companies (AMCs) for mutual fund products distributed under their respective ARN codes. The rate of commission earned varies from Fund House to Fund House and from Scheme to Scheme.

In compliance with SEBI Circular No. SEBI/IMD/CIR No. 4/168230/09, the commission details earned by the Firms from various AMCs, whose mutual fund products are being distributed, are governed by the following:

  1. Territory Standard: The rates disclosed refer to T-30 cities in India, as defined by AMFI. Commission rates may vary or be higher in the case of B-30 cities, wherever applicable.
  2. Revision of Commission Rates: The rates are subject to change from time to time without prior notice, based on the applicable terms and agreements between the Firms and the respective AMCs.
  3. Regular Plans Only: The Firms deal in Regular/Distributor Plans for Mutual Fund schemes, which involve payment of commission to the Mutual Fund Distributor. The Firms earn trail commission on client investments. No upfront commission is paid to or received by the Firms.
  4. Scheme-Level Commission: Details of scheme-level commission on Mutual Funds are available through the assigned Relationship Manager / Wealth Manager and may be provided to investors upon request.
  5. Best-Effort Compilation: The commission information is compiled on a best-effort basis and the rates are updated periodically as and when the relevant information/rate sheets are received from the respective AMCs.
  6. Gross Commission Transparency: Investors may review the gross commission earned by the respective Firm for a particular financial year through the official AMFI Commission Disclosure portal:

AMFI Commission Disclosure:

https://www.amfiindia.com/research-information/commission-disclosure

  1. Commission Disclosure to Investors: Disclosure of applicable commission earnings is made to clients at the time of investment, as applicable.
  2. Direct Plans: The Direct Plan option is available for Mutual Fund schemes and generally carries a lower expense ratio than the corresponding Regular Plan. The Firms are not entitled to earn commission on Direct Plans and therefore do not deal in Direct Plans.

 

Risk Factors

  1. Mutual Funds & Market-Linked Investments
  • Market Risk: Investments in Mutual Funds, Equities, Bonds, Portfolio Management Services (PMS) and other market-linked products are subject to market risks. Investors should carefully read all scheme/product-related documents, including the Scheme Information Document (SID), Statement of Additional Information (SAI) and Key Information Memorandum (KIM), wherever applicable, before investing.
  • No Guaranteed Returns: Mutual Fund schemes and other market-linked investment products do not assure or guarantee any fixed returns. Past performance of any Mutual Fund scheme or asset class may or may not be sustained in the future and is not indicative of future performance.
  • Investment Objective: There is no guarantee that the investment objective of any Mutual Fund scheme will be achieved.
  • Cost Structure: Investors are advised to review applicable Exit Loads, Total Expense Ratio (TER), transaction charges, taxes and other applicable costs and charges before finalizing any investment decision.
  • Suitability: Investors should consider their investment objectives, risk appetite, financial circumstances and investment horizon before investing.
  1. Insurance Products – Life & General

SFIC may facilitate/distribute insurance products, as applicable, including Life, Health, Motor, Property and Corporate Insurance.

Insurance is the subject matter of solicitation.

The terms, conditions, exclusions, limitations, benefits, premiums and claims relating to an insurance product are governed strictly by the respective insurance provider’s policy document and applicable terms and conditions.

Investors/customers are advised to read the policy document carefully before purchasing any insurance product.

  1. Fixed Deposits, Bonds & Other Fixed-Income Products
  • Credit Risk: Corporate Fixed Deposits, Bonds and other issuer-linked fixed-income products may be subject to credit/default risk of the respective issuer.
  • Interest Rate Risk: Bonds and other fixed-income instruments may be subject to interest-rate and market risks, which may affect their market value.
  • Issuer Risk: Repayment of principal and payment of interest/returns, where applicable, are subject to the terms and conditions of the respective product and the creditworthiness of the issuer.
  • Product-Specific Risk: Investors should carefully review the relevant offer document, product terms, credit rating, maturity, interest/payment terms and other applicable disclosures before investing.
  • Guaranteed Return Products: Any product described as offering guaranteed or assured returns should be evaluated based on the specific terms and conditions and the entity providing such guarantee. Distribution of such products by SFIC should not, by itself, be construed as a guarantee by SFIC.
  1. Loans & Credit Facilitation

SFIC may facilitate or assist in the sourcing/origination of loan and credit products offered by partner Banks, NBFCs and other lending institutions, as applicable.

Loan applications are subject to the respective lender’s eligibility criteria, credit assessment, documentation requirements, internal policies and final approval.

The sanction of a loan, loan amount, interest rate, tenure, fees and other terms are determined by the respective lending institution.

Submission or facilitation of a loan application does not guarantee approval or sanction of the loan.

 

General Disclaimer

The information provided on this website is intended for general information and awareness purposes only and should not be construed as investment, legal, tax, insurance, credit or other professional advice.

Investors/customers should carefully review the relevant product, scheme or policy documents, applicable risks, costs, charges, terms and conditions before making any investment or purchasing any financial product.

Mutual Fund investments are subject to market risks. Read all scheme-related documents carefully before investing.

The information provided on this website is subject to change from time to time based on applicable laws, regulations, regulatory guidelines, product features and information provided by the respective AMCs, insurers, banks, NBFCs and other product providers.

The distribution or facilitation of any financial product does not constitute any guarantee or assurance by SFIC regarding the performance, returns, approval, claims or outcome associated with such product.

In case of any discrepancy between the information provided on this website and the applicable product/scheme/policy/offer document or regulatory disclosure, the applicable official document and regulatory requirements shall prevail.

Commission Rates

SFIC Fiscal Services Pvt Ltd offers regular funds and earns a small commission from the mutual fund companies over the life of the investment. However, the selection of recommended funds in SFIC Fiscal Services Pvt Ltd is not influenced by the commission earned by us. Here’s a list of Mutual Fund companies that we work with and the range of commission rates we earn from them.

AMC NameEquity fundsDebt fundsLiquid fundsELSS funds
360 ONE Mutual Fund1.00% – 1.25%0.25%0.05%0.25%
Aditya Birla Sun Life Mutual Fund0.30% – 1.25%0.10% – 1.25%0.10%0.80%
AXIS MUTUAL FUND0.14% – 1.77%0.13% – 1.57%0.04%0.90%
Bajaj Mutual fund1.60%0.3% – 0.4%0.05% – 0.12%
Bandhan Mutual Fund0.5% – 1.65%0.07% – 1.3%0.09% – 0.14%1.20%
BANK OF INDIA MUTUAL FUND0.50% – 1.25%0.50% – 1.00%0.02% – 0.03%1.20%
Baroda BNP Paribas Mutual Fund0.80% – 1.85%0.15% – 1.45%0.05% – 0.12%1.65%
Canara Robeco Mutual Fund1.05% – 1.55%0.25% – 1.25%0.01% – 0.08%1.10%
DSP Mutual Fund0.15% – 1.35%0.10% – 0.70%0.05%0.95%
Edelweiss Mutual Fund0.30% – 1.75%0.15% – 0.70%0.05% – 0.25%1.75%
Franklin Templeton Mutual Fund0.38% – 1.48%0.15% – 1.39%0.04% – 0.07%1.12%
HDFC Mutual Fund0.20% – 1.35%0.15% – 1.10%0.05% – 0.10%1.00%
HSBC Mutual Fund0.20% – 1.50%0.20% – 1.35%0.10%1.30%
ICICI Prudential Mutual Fund0.15% – 1.35%0.10% – 1.10%0.05% – 0.15%0.95%
INVESCO MUTUAL FUND0.15% – 1.20%0.10% – 0.75%0.04% – 0.05%1.15%
ITI MUTUAL FUND0.7% – 1.6%0.5% – 1%0.10% – 0.11%1.65%
JM Financial Services Sector Fund0.60% – 1.25%0.45% – 0.60%0.05% – 0.06%1.25%
Kotak Mutual Fund0.10% – 1.63%0.05% – 1.28%0.10%1.32%
LIC MUTUAL FUND0.02% – 1.3%0.05% – 1.00%0.05% – 0.05%1.30%
Mirae Asset Mutual Fund0.05% – 1.40%0.15% – 0.85%0.10%0.85%
MOTILAL OSWAL MUTUAL FUND0.35% – 1.50%0.07% – 0.80%0.15%1.15%
NAVI MUTUAL FUND0.17% – 1.40%1.00%0.05% – 0.20%0.85% – 1.40%
NIPPON INDIA MUTUAL FUND0.17% – 1.5%0.05% – 1.2%0.05% – 0.07%1.25%
NJ MUTUAL FUND0.47% – 1.21%0.055% – 0.055%1.18%
PGIM INDIA MUTUAL FUND0.60% – 1.65%0.15% – 1.00%0.05% – 0.10%1.65%
PPFAS Mutual Fund0.75%0.30%0.10%%1.10%
Quant MF0.9% – 1.75%0.9% – 1.15%0.1% – 0.25%1%
QUANTUM MUTUAL FUND0.12% – 1.25%0.45% – 0.45%0.10%1.10%
SAMCO MUTUAL FUND1.35% – 1.40%0.20%1.40%
SBI Mutual Fund0.20% – 1.55%0.15% – 1.22%0.08% – 0.10%1.04%
SUNDARAM MUTUAL FUND0.55% – 1.60%0.10% – 1.25%0.10% – 0.15%1.35%
Tata Mutual Fund0.20% – 1.65%0.20% – 1.45%0.05% – 0.08%1.25%
TAURUS MUTUAL FUND0.25% – 1.40%1.40%
TRUST MUTUAL FUND0.15% – 0.5%0.05% – 0.5%-%
UTI MUTUAL FUND0.1% – 1.5%0.1% – 1.25%0.05% – 0.1%1.15%
Helios mutual fund1.50%0.05%
Groww Mutual Fund1.10% – 1.50%0.09% – 0.90%0.10%1.40%
Mahindra Mutual Fund0.80% – 1.40%0.05% – 0.90%0.05%1.40%
Union Mutual Fund1.25% – 1.75%0.10% – 0.85%0.10%1.75%
Whiteoak Mutual Fund1.00% – 1.20%0.50%0.05%1.20%

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