Understanding Our Compensation Model
In the Indian Mutual Fund industry, financial professionals typically follow one of two compensation models:
1. Fee-Based Advisory Model
Under this model, financial professionals charge clients a direct fee and recommend mutual fund schemes under the Direct Plan.
This role is performed by Registered Investment Advisors (RIAs).
2. Commission-Based Model
Under this model, mutual fund distributors receive commissions from Asset Management Companies (AMCs) for recommending schemes under the Regular Plan, without charging clients any direct fee.
Our Approach at Manavi Wealth
At Manavi Wealth, we operate under the Commission-Based Model.
We are committed to transparency and trust, ensuring our clients clearly understand how we are compensated—whether directly or indirectly.
Below is an indicative range of commissions offered by various AMCs across different categories of mutual funds.
Important Notes
All commission rates mentioned are inclusive of 18% GST, which is paid to the respective tax authorities.
Commission structures are subject to change and are updated on a best-effort basis based on information received from AMCs.
Each mutual fund scheme operates within SEBI-prescribed expense limits, which typically reduce as the fund size grows.
The latest commission details can be provided on request.
Mutual fund investments are subject to market risks. Please read all scheme-related documents carefully before investing.
Indicative Commission Structure (Regular Plans)
As on April 20, 2026
Equity Schemes
Equity Funds: 0.20% – 1.25%
Hybrid Schemes
Arbitrage Funds: 0.25% – 0.67%
Conservative Hybrid Funds: 0.20% – 1.00%
Other Hybrid Funds: 0.25% – 1.20%
Debt Schemes
Overnight & Liquid Funds: 0.01% – 0.20%
Ultra-Short / Low Duration / Money Market / Short Duration Funds: 0.05% – 0.30%
Credit Risk Funds: 0.50% – 0.90%
Gilt Funds: 0.10% – 1.00%
Floater Funds: 0.15% – 0.68%
Medium to Long Duration Funds: 0.12% – 0.75%
Corporate Bond / Banking & PSU Funds: 0.09% – 0.75%
Other Schemes
Index Funds / ETFs: 0.03% – 0.85%
Fund of Funds: 0.05% – 1.15%
Retirement & Children’s Funds: 0.50% – 1.05%
Disclaimer
This document is for informational purposes only and does not constitute financial advice.
Investors are advised to consult their financial, tax, and legal advisors before making any investment decisions. Mutual fund investments are subject to market risks, and past performance is not indicative of future results. Manavi Wealth Pvt Ltd is an AMFI Registered Mutual Fund Distributor (ARN) and SIF Distributor (SIFD) with ARN-106294; and an APMI Registered PMS Distributor with APRN-00260
Contact Us
For any queries or further clarification, please feel free to connect with us:
📞 +91 7207122277
Empowering you with financial clarity – Manavi Wealth
