Disclosures – Mutual Fund Commissions

Following are the details of the commission earned by IDFC FIRST Bank from various fund-houses:

Income earned from Mutual funds through commission, brokerage
Fund Category	Trail year 1 onwards
All Equity and Equity Oriented funds*	0.25% to 2.25%
Index Funds	0.1% to 2.25%
ELSS/ Tax saving funds	0.25% to 2.25%
Arbitrage Funds	0.05% to 1.75%
All Debt & Debt Oriented funds**	0.05% to 1.75%
Liquid funds	0% to 0.50%

Income earned from Other Referral Products/Services (AIF,PMS,etc) through referral fee
Referral Fee	0.05% - 2.50%

* all equity funds includes flexi cap funds, Aggressive Hybrid, large, mid & small cap funds, international funds etc

** all debt funds includes Gilt, Income, short term & corporate bond funds, floating rate funds etc

For investors in Mutual Funds from B 30 locations, an additional commission of 0%-2% will be paid from AMC’s

Additional B30 1st year Trail Commission: As per SEBI circular SEBI/HO/IMD/DF2/CIR/P/2019/42 dated March 25, 2019, additional B30 1st year trail commission shall be payable only on inflows from retail investors from B30 cities. The term 'retail investor' has been defined by SEBI. Accordingly, It has been decided that inflows of amount upto Rs. 2,00,000/- per transaction, by individual investors shall be considered as inflows from Retail Investors (applicable WEF 15th April 2019).

For AMC wise commission on Mutual Funds, click here.

The disclosure is in accordance with SEBI circular no SEBI/IMD/CIR No. 4/ 168230/09.

Click here to view the SEBI registration details of our empanelled entities.