How MFnxt earns commission
MFnxt offers regular mutual fund schemes and may receive commission from Asset Management Companies (AMCs) over the tenure of investments made through the platform.
These commissions are received in accordance with the regulatory guidelines prescribed by SEBI, AMFI, and the respective AMCs.
Commission is not the sole basis for selection
The selection and presentation of baskets or mutual fund schemes are based on internal evaluation frameworks and are not solely influenced by the commissions earned by MFnxt.
Our fund selection framework considers the characteristics and suitability of schemes within the intended basket structure rather than relying solely on commission levels.
Indicative trail commission
To promote transparency and investor awareness, MFnxt discloses the indicative range of commissions applicable across various categories of mutual fund schemes distributed through MFnxt.
| Fund Category | Trail Commission |
|---|---|
|
Equity Oriented Schemes
|
0.15% – 1.45% per annum |
|
Debt Oriented Schemes
|
0.05% – 1.00% per annum |
|
Gold ETF Funds
|
0.20% – 1.45% per annum |
|
International Funds
|
0.40% – 1.00% per annum |
GST treatment
The commission rates mentioned above are pre-GST, and applicable GST will be deducted as per prevailing laws.
Review commission details in your CAS
Investors may review commission details paid to MFnxt through the Common Account Statement (CAS) issued by CAMS or KFintech.
The CAS provides a consolidated summary of investments and associated commissions.
Your CAS can provide a consolidated view of your mutual fund investments and associated commission information.
Transparency and investor awareness
Our commitment to compliance, transparency, and investor-centric practices reflects our focus on maintaining trust and adhering to applicable industry regulations and best practices.
MFnxt distribution registration
Finozone Investech Pvt Ltd
Mutual fund investments are subject to market risks. Please read all scheme-related documents carefully before investing.
This page provides an indicative disclosure of commission ranges applicable to mutual fund categories distributed through MFnxt. Actual commission rates may vary by scheme, AMC, applicable arrangements and prevailing regulatory requirements.