Commission Disclosure
How we are paid as a mutual fund distributor, in line with SEBI and AMFI requirements.
In the interest of transparency and in line with SEBI regulations and the AMFI Code of Conduct for Intermediaries, we disclose how we are compensated.
How We Are Paid
- Munnetram Capital is an AMFI Registered Mutual Fund Distributor (ARN-108075) and distributes regular plans of mutual fund schemes.
- We receive trail commission from AMCs, calculated as a percentage of the assets invested through us. Commission is paid by the AMC out of the scheme’s Total Expense Ratio (TER); it is not charged separately to investors.
- Commission rates differ across AMCs, schemes and categories and may change from time to time.
- We do not charge investors any fee for mutual fund distribution services.
Direct Plans
Every scheme also offers a direct plan with a lower expense ratio and no distributor commission. Investors can invest in direct plans directly with the AMC. Our services relate to regular plans only.
Commission Details in Your Statement
As required by SEBI, the actual commission paid to distributors for each scheme in which you have invested is disclosed in your Consolidated Account Statement (CAS). You may also request scheme-wise commission details from us at any time.
Transaction Charges
Where applicable under SEBI rules and AMC policies, transaction charges may be deducted from the investment amount and paid to distributors. We will inform you if any such charge applies.
Other Products
For insurance, corporate fixed deposits and P2P lending, we may receive commission or fees from the respective insurer, issuer or platform, as permitted by the applicable regulator. Details are available on request.
No Rebates or Inducements
In line with the AMFI Code of Conduct, we do not offer rebates of commission, gifts or any inducement to investors to invest in any scheme.
Contact
Munnetram Capital
8/16, Kishore Complex, Nehru Nagar, Coimbatore - 641014, Tamil Nadu, India
Phone: +91 95009 54849 / +91 93440 31339
Email: Ld.boopalan@gmail.com