SEBI & AMFI Compliance
Registration andfull disclosure.
In line with SEBI and AMFI circulars, our distributor status, trailing commission structure and code of conduct are set out below.
AMFI registration details
- Distributor name
- Syed Manauar Ali
- Registration type
- AMFI Registered Mutual Fund Distributor
- ARN number
- ARN-361161
- EUIN number
- EUIN-E689889
- ARN validity
- 9 May 2029
Distribution model & commission disclosures
In compliance with SEBI circular SEBI/IMD/CIR No. 4/168230/09 and subsequent circulars, we disclose that Syed Manauar Ali receives trailing commissions from Asset Management Companies for mutual fund schemes distributed under our ARN. Rates vary by AMC, scheme category and market regulation:
| Scheme category | Indicative trail commission | Payout mechanism |
|---|---|---|
| Equity schemes (large, mid, small, flexi cap, ELSS, sectoral) | 0.50% – 1.25% p.a. | Monthly / quarterly pro-rata on daily AUM |
| Hybrid & balanced advantage funds | 0.50% – 1.00% p.a. | Monthly / quarterly pro-rata on daily AUM |
| Debt schemes (short duration, corporate bond, dynamic) | 0.15% – 0.75% p.a. | Monthly / quarterly pro-rata on daily AUM |
| Liquid / overnight / ultra short duration funds | 0.05% – 0.20% p.a. | Monthly on daily AUM |
| Index funds & ETFs | 0.05% – 0.25% p.a. | Monthly on daily AUM |
In line with SEBI guidelines, all upfront commissions on mutual funds have been discontinued. AMCs pay only trail commissions, based on holding period and daily NAV.
Direct plans availability
Investors may choose Direct Plans of every mutual fund scheme, which carry a lower Total Expense Ratio because no distributor commission is charged. We deal exclusively in Regular Plans, so we can offer guidance, portfolio tracking and ongoing support. We do not earn commission on Direct Plans and do not execute Direct Plan transactions.
Code of conduct & fair dealing
- Recommending schemes suited to the investor’s risk profile and objectives.
- Providing clear disclosure of scheme risk factors, performance caveats and investment horizons.
- Full compliance with Anti-Money Laundering (AML) and KYC requirements.
- Offering no gifts, rebates or pass-backs of distributor commission to clients.