Commission Disclosure Statement

1. Distributor Registration Details

  • Name of the Distributor: FINANCIAL KUNDALI

  • AMFI Registration Number (ARN): 181908

  • Current Validity: 16 JUNE 2024 to 15 JUNE 2027

2. Nature of Services

FINANCIAL KUNDALI is registered with the Association of Mutual Funds in India (AMFI) as a Mutual Fund Distributor. We provide execution and distribution services for mutual fund products. We are not registered with SEBI as an Investment Advisor (RIA). Any product information, fund summaries, or tools provided on this platform are strictly for educational and informational purposes and should not be construed as investment, tax, or legal advice.

3. Commission Structure & Remuneration

In accordance with SEBI circulars, all commissions earned by FINANCIAL KUNDALI are strictly on a trail basis. We do not receive any upfront commission from Asset Management Companies (AMCs). 

  • Who pays the commission? The trail commission is paid to us directly by the respective AMCs.

  • Are you charged extra? No. This commission is paid out of the Total Expense Ratio (TER) charged by the AMC for managing the mutual fund scheme. It is not an additional fee or direct charge levied on your investment amount. 

4. Scheme-Wise Trail Commission Rates (Indicative)

The trail commission we receive varies across different AMCs, fund categories, and schemes. Below is an indicative range of the first-year and subsequent-year trail commissions received by us for distributing various mutual fund categories: 

Mutual Fund Category

Trail Commission Range (per annum)

Equity Schemes

0.40% – 1.75%

Hybrid & Asset Allocation Schemes

0.40% – 1.60%

Debt / Fixed Income Schemes

0.05% – 1.25%

Index Funds & ETFs

0.05% – 0.50%

Liquid / Overnight Schemes

0.01% – 0.15%

Solution Oriented (Retirement/Children)

0.50% – 1.50%

(Note: The exact commission percentage depends on the specific AMC, the scheme category, assets under management (AUM), and geographic location (e.g., T-30 vs. B-30 cities) as per regulatory norms. These rates are subject to revision by the AMCs without prior notice. For actual scheme-wise commission details, please contact us directly.) 

5. Direct Plan Alternative

Investors have the option to invest directly in mutual funds through the "Direct Plan" offered by all AMCs. Direct plans have a lower Total Expense Ratio (TER) because they do not incur distributor commissions. You can invest in direct plans by visiting the respective AMC's website, their branch offices, or via SEBI-Registered Investment Advisors (RIAs). 

By choosing to invest through FINANCIAL KUNDALI under the "Regular Plan," you acknowledge that you are utilizing our distribution services and consent to the AMC paying us the trail commission from the fund's expense ratio. 

6. Conflict of Interest Declaration

FINANCIAL KUNDALI recommends mutual fund schemes based on the investor's stated risk profile and financial goals. We do not promote or recommend any specific AMC or scheme solely based on the commission remuneration we receive.

7. Regulatory Standard Risk Warning

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.