Portfolio Management Services (PMS) and Alternative investment funds (AIF’s)
URL FINANCE receives commissions (upfront, trail, or otherwise) / distribution fees from Fund Management houses / Portfolio Managers, companies, etc. with whom we have partnership and empanelled with, to distribute their products ( Portfolio Management Services (PMS) and Alternative investment funds (AIF’s)
In case of PMS and AIF’s the fee charged to the client is disclosed at the time of entering into an agreement to subscribe to these schemes. From the fees charged to the client these Fund Management houses / Portfolio Managers, companies, etc. share us our share of commission / distribution fees , which are in the range from 30% to 60% of the fees charged to the client.
Mutual Funds (( MF ) ( Including Specialized Investment Funds (SIFs).)
URL FINANCE receives trail commission from Asset Management Companies for distributing Regular Plan mutual fund schemes. The commission is embedded in the scheme's Base Expense Ratio (BER) and does NOT increase investor cost. Below are the indicative trailing commission rates (% per annum) by mutual fund categories:
The details of the commission earned by us from various Asset Management Companies (AMCs) are as below:
| Scheme Type | Trail 1st Year ( Incl. GST ) | Trail 2nd Year Onwards ( Incl. GST ) |
|---|---|---|
| Arbitrage Funds | 0.05% to 0.70% | 0.05% to 0.70% |
| ELSS Funds | 0.50% to 2 % | 0.50% to 2% |
| Equity Oriented Funds | 0.50% to 2 % | 0.50% to 2 % |
| Aggressive Hybrid Equity Funds | 0.50% to 2 % | 0.50% to 2 % |
| Fixed Maturity Plans | Variable | Variable |
| Fund of Funds | 0.25% to 1% | 0.25% to 1% |
| Gilt Funds | 0.25% to 1% | 0.05% to 0.65% |
| Hybrid Debt Funds | 0.05% to 1.2% | 0.05% to 1.2% |
| Income Funds | 0,05% to 1% | 0,05% to 1% |
| Index Funds | 0.01% to 1 % | 0.01% to 1 % |
| Liquid Funds / Ultra Short-Term Funds | 0.05% to 0.7 % | 0.05% to 0.7 % |
| Short-Term Income Funds | 0.05% to 0.9 % | 0.05% to 0.9 % |
| Thematic / Sector Funds | 0.50% to 2 % | 0.50% to 2 % |
Important Notes on Commission
- (a) Trail commissions are embedded in BER. No additional cost to investors.
- (b) We work with multiple AMC’s and Rates may change per AMC circulars. Hence, we have updated a broad range for investors to cover all scenarios and give then a fair view of the commissions. These are updated quarterly.
- (c) No commission charged separately to investors for distribution services.
- (d) Direct Plans with lower expense ratios are available directly through AMC websites.
- (e) No upfront commission, gifts, incentive trips, or non-cash benefits are accepted from any AMC.
Note : All investments including Portfolio Management Services (PMS), Alternative investment funds (AIF’s) and Mutual Funds (( MF ) ( Including Specialized Investment Funds (SIFs)) and Securities are subject to market risk and other risks and there is no assurance or guarantee that the objectives of the Fund Manager / Portfolio Manager / Investment Manager / Individual Schemes will be achieved. Investors are informed to read and understand the Individual Instruments, study the Scheme Information document, Private Placement Memorandum, Offer and disclosure and related document, disclaimers and consult their financial advisor before acting or investing in it. Past Performance should not be taken as an indication or guarantee of future performance, and no representation or warranty, express or implied, is made regarding scheme performance.
This is on a best-effort basis and rates are updated as and when actual rates are received from AMCs.