In accordance with the present regulations (SEBI circular: SEBI/IMD/CIR No.8/174648/2009), following are the details of the comparative commission earned by Milestone Financial Services (ARN-24689) from various Asset Management Companies (AMCs), whose products are being distributed:
For investors in Mutual Funds from B 30 locations and investments up to 2 lacs, an additional trail commission of 0% - 1.5% will be paid from AMC’s for the 1st year only.
Milestone Financial Services offers only Regular Plans in Mutual Funds. Details of Scheme level commission on Mutual funds are available and would be produced on demand.
The above-mentioned commission structure is as per received from the AMCs and is subject to change. This is on a best effort basis and rates are updated as and when actual rates are received from AMCs.
Note: The above is exclusive of GST (18%) and operational costs, which are all borne by Milestone Financial Services separately.