MFnxt offers regular mutual fund schemes and may receive commission from Asset Management Companies (AMCs) over the tenure of investments made through the platform. However, 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 us.
These commissions are received in accordance with the regulatory guidelines prescribed by the Securities and Exchange Board of India (SEBI), the Association of Mutual Funds in India (AMFI), and the respective AMCs.
To promote transparency and investor awareness, we disclose the indicative range of commissions applicable across various categories of mutual fund schemes distributed through MFnxt. This disclosure is intended to help investors better understand the commission structures associated with mutual fund distribution.
Our commitment to compliance, transparency, and investor-centric practices reflects our focus on maintaining trust and adhering to applicable industry regulations and best practices.
| Fund Category | Trail Commission per Annum |
|---|---|
| Equity Oriented Schemes | 0.15% to 1.45% |
| Debt Oriented Schemes | 0.05% to 1.00% |
| Gold ETF Funds | 0.20% to 1.45% |
| International Funds | 0.40% to 1.00% |
The commission rates mentioned above are pre-GST, and applicable GST will be deducted as per prevailing laws.
Investors may review commission details paid to us through the Common Account Statement (CAS) issued by CAMS or KFintech, which provides a consolidated summary of investments and associated commissions.