Disclosure norm as per SEBI circular SEBI/IMD/CIR No. 4/168230/09 dated 30th June’2009 The Bank is offered commission for investments made with its ARN code. The brief commission slab is tabulated below. Details of scheme level commission on Mutual Funds are available with the Relationship Managers/Branch on demand.
| Scheme Type |
T-30 & B-30 locations |
*Annual Retention Incentive for B-30
(Additional B-30 Trail - applicable for 1st Year only)^ |
| Trail Year 1 |
| Equity/ Balanced |
1.05% |
to |
1.60% |
0.00% |
to |
1.50% |
|
ELSS / Retirement
|
1.00% |
to |
1.75% |
1.00% |
to |
1.50% |
| MIP / Hybrid |
1.00% |
to |
1.45% |
0.00% |
to |
1.50% |
| FOF(Equity) |
1.10% |
to |
1.25% |
1.50% |
| Income & Bond Funds |
0.20% |
to |
1.25% |
NA |
| Gilt |
0.50% |
to |
0.90% |
NA |
| Short Term |
0.10% |
to |
0.90% |
NA |
| Liquid & Ultra Short Term |
0.03% |
to |
0.80% |
NA |
| Arbitrage |
0.40% |
to |
0.60% |
NA |
| Index Fund |
0.05% |
to |
0.15% |
NA |
* Special Incentive
^ Brokerages are subject to claw back
Note: Brokerages are applicable for H2 FY 2018-19. All Brokerages are subject to GST.
Axis Bank is a distributor of mutual funds. Axis Mutual Fund is one of the mutual fund houses whose products are distributed by Axis Bank wherein Axis Asset Management Company Limited is one of the companies under the common control of the Promoters Axis Limited.
