Commission & Regulatory Disclosures
Statutory disclosure of commissions and fees earned by Rapture Securities Private Limited as an AMFI-Registered Mutual Fund Distributor (ARN-98013), pursuant to SEBI circulars.
Rapture Securities Private Limited
AMFI Registered Mutual Fund Distributor
AMFI Registration
ARN-98013
The firm is offered commissions for mutual fund business sourced under its own ARN code (ARN-98013). The commission earned by the firm varies from Fund house to fund house and from Scheme to Scheme. As per SEBI circular: SEBI/IMD/CIR No. 4/ 168230/09, following are the details of the commission earned by Rapture Securities Private Limited from various AMCs, whose products are being distributed:
Indicative Commission Structure by Category (Regular Plans)
Trail commission rates are annualized and payable on a monthly basis on the average daily AUM.
| Scheme Category | Upfront Commission | 1st Year Trail | 2nd Year Onwards Trail |
|---|---|---|---|
| Equity / Growth Schemes (Large Cap, Mid Cap, Small Cap, Flexi Cap, Sectoral) | NIL (0.00%) | 0.50% - 1.25% p.a. | 0.50% - 1.25% p.a. |
| Hybrid Schemes (Aggressive Hybrid, Balanced Advantage, Arbitrage, Multi Asset) | NIL (0.00%) | 0.40% - 1.10% p.a. | 0.40% - 1.10% p.a. |
| Debt & Income Schemes (Corporate Bond, Short Duration, Banking & PSU) | NIL (0.00%) | 0.20% - 0.75% p.a. | 0.20% - 0.75% p.a. |
| Liquid & Overnight Funds / Money Market | NIL (0.00%) | 0.05% - 0.15% p.a. | 0.05% - 0.15% p.a. |
| ELSS (Tax Saving Schemes) | NIL (0.00%) | 0.60% - 1.25% p.a. | 0.60% - 1.25% p.a. |
* Note: In compliance with SEBI circulars, all upfront commissions are banned in India. Mutual Fund Distributors receive purely full-trail model commissions.
Terms & Conditions Governing Commission Rates
The rates of commission disclosed above:
- 1T-30 & B-30 Cities: Refers to T-30 cities in India as defined by AMFI, and commission could be higher in case of B-30 (Beyond Top 30) cities as per applicable SEBI/AMFI guidelines.
- 2Subject to Change: Are subject to change, without any prior consent and at the sole discretion and agreement between Rapture Securities Private Limited and the respective AMCs.
- 3Regular / Distributor Plan Only: For investments subscribed into Regular / Distributor Plan which involves payment of trail commission to MFD. No Upfront commission is paid to or received by Rapture Securities Private Limited.
- 4Scheme-Level Details: Details of scheme-level commission on Mutual Funds are available with your Wealth / Relationship Manager and would be produced on request.
- 5Best-Effort Compilation: This information is compiled on a best effort basis and rates are updated as and when they are received from AMCs.
- 6Official AMFI Verification Link: Please note you can check the gross commissions earned by Rapture Securities Private Limited (ARN-98013) in any particular Financial Year by clicking on the official AMFI portal: https://www.amfiindia.com/commission-disclosure
Policy on Regular Plans & Direct Plans
We deal in Regular Plans only for Mutual Fund Schemes and earn a Trailing Commission on client investments. Disclosure for commission earnings is made to clients at the time of investments.
Option of Direct Plan for every Mutual Fund Scheme is available to investors offering the advantage of a lower expense ratio. We are not entitled to earn any commission on Direct plans. Hence we do not deal in Direct Plans.
Risk Factors & Statutory Disclaimers
Investments in Mutual Funds are subject to Market Risks. Read all scheme related documents carefully before investing. Mutual Fund Schemes do not assure or guarantee any returns. Past performances of any Mutual Fund Scheme may or may not be sustained in future.
There is no guarantee that the investment objective of any suggested scheme shall be achieved. All existing and prospective investors are advised to check and evaluate the Exit loads and other cost structure (Total Expense Ratio - TER) applicable at the time of making the investment before finalizing on any investment decision for Mutual Funds schemes.