AMFI Registered Mutual Fund Distributor & SIF Distributor

Disclosure

Commission Disclosure

Scheme Type Trail - 1st Year Onwards
Liquid/Ultra Short Term Schemes 0.05% – 0.70%
Short Term Income Funds 0.50% – 0.90%
Income Funds 0.40% – 1.00%
Gilt Funds 0.15% – 0.90%
Hybrid Debt/Monthly Income Plans 0.90% – 1.20%
Arbitrage Funds 0.55% – 0.70%
Fund of Funds 0.25% – 0.50%
ELSS 0.65% – 2.00%
Index Funds 0.30% – 1.00%
Equity/Hybrid Equity/Balance Funds 0.65% – 2.00%
Fixed Maturity Plans Variable

Details of Scheme level commission on Mutual funds are available with the Relationship Managers and would be produced on demand.

This is on a best effort basis and rates are updated as and when actual rates are received from AMCs.

Our Role & Compensation

We are a NISM certified / AMFI registered mutual fund distributor and not an RIA. We get compensated / incentivised by AMCs. We don't charge any fees for our services.

Regular vs Direct Plans

We deal in Regular Plans only for Mutual Fund Schemes and earn a Trailing Commission on client investments. Disclosure for Commission earnings is made to clients at the time of investments. Option of Direct Plan for every Mutual Fund Scheme is available to investors offering advantage of lower expense ratio. We are not entitled to earn any commission on Direct plans. Hence we do not deal in Direct Plans.

Nature of Service

Glosome WealthX Pvt. Ltd. is an AMFI Registered Mutual Fund Distributor & SIF Distributor (ARN-294478). We provide incidental advice only to assist investors in selecting mutual fund and SIF schemes suitable for their goal-based investments. We are not a SEBI Registered Investment Advisor (RIA) and do not provide investment advisory services.