Disclosure
Schedule of Commission – Mutual Funds
Ikigai Capital Services LLP (Ikigai Capital) is an “AMFI – Registered Mutual Fund Distributor” with ARN 372680
As per SEBI circular: SEBI/IMD/CIR No. 4/ 168230/09, following are the details of commission earned by Ikigai Capital Services LLP from various AMCs, whose products are being distributed:
| Commission from Mutual Funds | Trail |
|---|---|
| Equity Schemes | |
| Equity Funds | 0.07 to 1.85% |
| Hybrid Schemes | |
| Arbitrage Funds | 0.35% to 0.90% |
| Conservative Hybrid Funds | 0.30% to 1.35% |
| Other Hybrid Funds | 0.30% to 1.75% |
| Debt Schemes | |
| Overnight and Liquid Funds | 0.01% to 0.25% |
| Ultra-Short Duration, Low Duration, Money Market Fund, Short Duration Funds | 0.05% to 0.90% |
| Credit Risk | 0.28% to 1.20% |
| Gilt Funds | 0.15% to 1.00% |
| Floater Funds | 0.15% to 0.60% |
| Medium, Medium to Long, Long, Dynamic Duration Funds | 0.20% to 1.35% |
| Corporate Bond, Banking & PSU Funds | 0.09% to 0.75% |
| Other Schemes | |
| Index Funds/ETF | 0.02% to 0.85% |
| Fund of Funds | 0.04% to 1.40% |
| Retirement and Children’s Fund | 0.52% to 1.90% |
| Specialized Investment Fund (SIF) | |
| Equity Funds | 1.40% |
| Hybrid Funds | 0.80% to 1.60% |
The rates of commission disclosed above:
This information is compiled on a best effort basis and rates are updated as and when they are received from AMCs.
Ikigai Capital is empanelled with AMCs for Mutual Funds (as listed below), and accordingly the clients are requested to note that the information provided by Ikigai Capital is limited to the select Mutual Fund schemes that are being distributed/promoted by Ikigai Capital, and the clients may consider other alternate schemes/products, which are not being offered by the Ikigai Capital before making investment decision.
Schedule of Commission – Portfolio Management Services
In accordance with the SEBI (Portfolio Managers) Regulations, 2020 read with SEBI circular reference no. SEBI/HO/IMD/DFl/CIR/P/2020/26 dated February 13, 2020 and Annexure C contained therein, the commission earned from various Portfolio Management Services whose services /product/investment approach are being distributed / referred is required to be disclosed to Clients and accordingly, the clients are requested to note that the same would be in the range 0.33% to 1.70% p.a (trail). No Upfront Commission is received from Portfolio Managers.
The aforesaid range of commission applies in case the investment is made at the highest management fees slab and with any change in the management fees, then the aforesaid commissions may also change. There could be additional commission arising from performance fee charged to client in case the client has opted for variable fee structure. Details of services/ product/ investment approach level commission on PMS product /investment approach are available with your Wealth / Relationship Manager and would be produced on request
The rates are subject to change, without any prior consent and at a sole discretion and agreement between the Ikigai Capital and the respective Portfolio Managers.
