Beeline Wealth LLP is offered commissions for investments made under broker code ARN-131351. Any commission receivable is also subject to claw back as per the guidelines set by the regulator, interpreted and laid down by AMCs.
We are purely a Distributor of Mutual Funds and hence earn our commission as a Product Distributor. However, incidental to our services, we provide add-on services like other Financial Services, Fixed Deposit Investments, Insurance Services and others. We do not charge any extra fees for any of these incidental services, as our key source of income is distribution of Mutual Funds.
As a part of our own philosophy, we maintain a very transparent and clear disclosure of our earnings for the understanding of our clients.
In accordance with SEBI circular SEBI/IMD/CIR No. 4/168230/09 and RBI guidelines on Marketing / Distribution of Mutual Funds, below are the details of commissions earned by Beeline Wealth LLP.
Trail commission is charged annually on the assets under management.
| Fund Scheme | Trail |
|---|---|
| Equity Schemes | |
| Equity Funds | 0.13% – 1.75% |
| ELSS Funds | 0.80% – 1.65% |
| Hybrid Schemes | |
| Asset Allocation Funds | 0.35% – 1.65% |
| Arbitrage Funds | 0.35% – 0.80% |
| Hybrid Funds | 0.30% – 1.75% |
| Debt Schemes | |
| Gilt Funds | 0.07% – 1.05% |
| Income & Bond Funds | 0.15% – 1.25% |
| Short Term Funds | 0.05% – 0.80% |
| Liquid & Floating Rate Funds | 0.01% – 0.40% |
| Other Schemes | |
| Index Funds | 0.02% – 0.88% |
Rates are shown on a best-effort basis and are updated as and when actual rates are received from AMCs.
Write to us or give us a call. We will walk you through the numbers.