Objective
This Commission Disclosure Policy is prepared in accordance with SEBI and AMFI guidelines requiring Mutual Fund Distributors to disclose commission structures received from Asset Management Companies (AMCs).
It ensures complete transparency for investors and complies with SEBI Circulars on commission disclosures and the AMFI Code of Conduct for Mutual Fund Distributors.
How Commission Works
When you invest in a Regular Plan mutual fund through Mathew Finserv Private Limited (ARN – 164114), the AMC pays us a trail commission. This commission is:
- A percentage of your invested amount
- Paid by the AMC from the scheme's Total Expense Ratio (TER)
- Already included in the NAV
Trail Commission Structure (Indicative Range)
The following table provides indicative trail commission rates received from various AMCs. Actual commissions may vary based on AMC slabs, investor location (T30/B30), AUM levels and SEBI regulations.
| Scheme Category | Indicative Trail (% p.a.) | Notes |
|---|---|---|
| Equity – Large Cap | 0.50% – 0.80% | Varies by AMC & AUM slab |
| Equity – Mid/Small Cap | 0.60% – 1.00% | Higher TER schemes |
| Debt – Liquid/Overnight | 0.05% – 0.10% | Lower TER |
| Debt – Short/Medium Duration | 0.20% – 0.50% | Varies by category |
| Hybrid – Balanced Advantage | 0.50% – 0.90% | Dynamic allocation |
| Index Funds / ETFs | 0.05% – 0.20% | Passively managed |
Key Disclosures
- Mathew Finserv Private Limited receives only trail commission from AMCs. We do not accept any upfront commission, incentive commission, or one-time payments from any AMC.
- Investors may refer to their Consolidated Account Statement (CAS) issued by CAMS or KFintech, which shows the actual commission paid.
- Commissions are paid directly by AMCs and are included in the TER. They do not increase investor cost.
- Mathew Finserv Private Limited does not receive any gifts, incentives, or non-cash benefits from AMCs that may create a conflict of interest.
- Investors may choose Direct Plans through AMC platforms, which have lower expense ratios.
- Our recommendations are based on objective criteria (performance, risk, suitability) and are never influenced by commission rates.
Compliance References
- SEBI Master Circular for Mutual Funds
- AMFI Master Circular for Mutual Fund Distributors
- AMFI Code of Conduct for Mutual Fund Distributors