Commission Disclosure
Sandipani Capital is the brand name under which mutual fund distribution services are offered. All investments are executed under Janmey Sandeep Shukla – AMFI Registered Mutual Fund Distributor and AMFI Registered SIF Distributor (ARN-342247).
The firm receives commissions from Asset Management Companies (AMCs) for mutual fund business sourced under its ARN code. The commission earned varies across AMCs and from scheme to scheme.
As per SEBI circular SEBI/IMD/CIR No. 4/168230/09, the following disclosures apply:
- The rates of commission disclosed refer to T-30 cities in India as defined by AMFI. Commissions may be higher in the case of B-30 cities.
- Commission rates are subject to change without prior notice, at the sole discretion and agreement between Janmey Sandeep Shukla (ARN-342247) and the respective AMCs.
- Commissions are paid only for investments subscribed under Regular / Distributor Plans, which involve payment of trail commissions to the distributor. No upfront commission is paid or received.
- Scheme-level commission details for mutual funds are available with your relationship manager and will be provided on request.
- The information provided is compiled on a best-effort basis and rates are updated as and when they are received from AMCs.
- You can check the gross commissions earned by ARN-342247 in any particular financial year by visiting the AMFI website:https://www.amfiindia.com/research-information/commission-disclosure
Approximate category-wise trail commission
| Category of funds | Average trail commission |
|---|---|
| Overnight / Liquid Funds | 0.01%–0.10% |
| Ultra Short / Money Market | 0.05%–0.75% |
| Low Duration | 0.15%–0.75% |
| Short Term / Corporate / Banking & PSU | 0.10%–0.75% |
| Medium Term / Credit Risk | 0.57%–0.65% |
| Index | 0.08%–0.65% |
| Equity | 0.55%–1.60% |
| Hybrid | 0.60%–1.30% |
| ELSS | 0.65%–1.15% |
The ranges shown include GST.
View AMC-wise commission disclosuresInvestor information
Where to find scheme information
Investors should review the current scheme documents and disclosures before investing. Marketing material or a brochure is supplementary and does not replace the official documents.
| Information | Primary source |
|---|---|
| SID, SAI, KIM and addendaScheme objective, asset allocation, risks, expenses and operating terms. | SEBI Mutual Fund filingsand the relevant AMC website |
| Factsheets and performanceCurrent performance, portfolio characteristics and scheme-level information. | Relevant AMC website |
| Portfolio disclosuresHoldings, concentration, credit quality and cash positions, as applicable. | Relevant AMC website |
| Fundamental and operational changesChanges to scheme attributes, procedures or material terms investors should know. | AMC notices and addenda; communicated to investors where applicable |
| Regulatory updatesApplicable circulars, investor communications and regulatory disclosures. | SEBI circularsand AMC or AMFI websites |
Scheme information and ratings may change. Please refer to the latest documents published by the relevant AMC before acting.
Risk management
Material risks investors should understand
The SID, SAI and KIM contain the complete scheme-specific risk disclosures. Important general risks include:
Market and capital risk
Returns are affected by market volatility, political and economic conditions, and force majeure events. Investors may lose part or all of the capital invested.
Issuer and credit events
Default, bankruptcy or insolvency of an issuer may affect a scheme. An AMC may segregate affected assets where permitted.
Liquidity and redemption
A liquidity crisis or unusually high redemption requests may restrict a scheme's ability to sell assets and may lead to a temporary suspension of redemptions.
New offers and scheme closure
New fund offers may involve price-volatility, liquidity and delisting risks. Schemes may be wound up following illiquidity, heavy redemptions or unforeseen market events.
Costs, taxation and objectives
Expense ratios, exit loads and taxes can affect outcomes. No assurance can be given that a scheme's investment objective will be achieved.
No assured returns
Mutual fund schemes do not assure or guarantee returns. Past performance may or may not be sustained in the future.
Riskometer disclosure
Understanding the Riskometer
The Riskometer is SEBI's standardised scale for communicating the risk carried by a mutual fund scheme. It ranges from Low to Very High and must be read alongside the scheme documents.
What it shows
A scheme's assessed risk level based on its portfolio and the applicable SEBI methodology.
What it does not show
It does not guarantee capital protection or determine whether a scheme is suitable for a particular investor.
Why it must be checked
The Riskometer can change as the scheme portfolio changes. Use the latest AMC disclosure, not an earlier illustration.
Important disclaimer
Read before investing
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
Investments in Specialized Investment Fund involves relatively higher risk including potential loss of capital, liquidity risk and market volatility. Please read all investment strategy related documents carefully before making the investment decision.
Investors should consider the current scheme documents, Riskometer, expense ratio, exit load and applicable tax implications before investing. Independent tax or professional advice should be obtained where required.