Mutual Fund Commission Disclosure | South Indian Bank

Mutual Fund Commission Disclosure

The Bank is offered commissions for mutual fund business sourced under its own ARN code. The commission earned by bank varies from Fund house to fund house and from Scheme to Scheme.

In accordance with the SEBI circular : SEBI/IMD/CIR No. 4/ 168230/09 and RBI guidelines on Marketing/Distribution of Mutual Funds following are the details of the commission earned by the Bank from various fund-houses, whose products are being distributed.

Scheme Type	Trail Year 1 Onwards
Equity Funds	0.2% - 1.8%
Hybrid Funds	0.1% -1.5%
Debt Funds	0.1%-1.5%
Arbitrage Funds	0.04%- 1%
Liquid Funds	0.04%-0.5%
Solution Oriented and other Mutual Funds	0.04% - 1.8%

For investors in Mutual Funds from B-30 locations, an additional commission of 0%-1.75 % will be paid by Fund Houses.

Please select the AMC for more details on the scheme wise commission structure:

Axis Mutual Fund

Aditya Birla Sun Life Mutual Fund

Canara Robeco Mutual Fund

DSP Mutual Fund

Franklin Templeton Mutual Fund

HDFC Mutual Fund

HSBC Mutual Fund

ICICI Prudential Mutual Fund

Invesco Mutual Fund

Kotak Mutual Fund

LIC Mutual Fund

Mirae Asset Mutual Fund

Motilal Oswal Mutual Fund

Nippon Mutual Funds

Parag Parikh Mutual Funds

PGIM Mutual Funds

SBI Mutual Fund

Sundaram Mutual Funds

TATA Mutual Fund

Union Mutual Funds

UTI Mutual Funds

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