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NG Prime Wealth LLP AMFI Registered Mutual Fund Distributor - ARN 171412
ARN No- 171412 - NG Prime Wealth LLP
As per SEBI circular: SEBI/IMD/CIR No.4/168230/09, the following are the details of the comparative commission earned by NG Prime Wealth LLP from various fund-houses, whose products are being distributed. These rates vary from month to month and other time periods.
| Fund Schemes | Upfront Commission | Trail Top 30 Cities | Additional Trail* Beyond 30 Cities |
|---|---|---|---|
| Equity Schemes | |||
| Equity Funds | 0.00% | 0.05% to 1.75% | 1.50% |
| ELSS Funds | 0.00% | 0.40% to 1.50% | 1.50% |
| Index Funds | 0.00% | 0.04% to 0.75% | 0.00% |
| Hybrid Schemes | |||
| Asset Allocation Funds | 0.00% | 0.35% to 1.50% | 1.50% |
| Arbitrage Funds | 0.00% | 0.50% to 0.80% | 0.00% |
| Hybrid Funds | 0.00% | 0.50% to 1.50% | 1.50% |
| Debt Schemes | |||
| Gilt Funds | 0.00% | 0% to 0.70% | 0.00% |
| Income and Bond Funds | 0.00% | 0% to 1.00% | 0.00% to 1.00% |
| Short Term Funds | 0.00% | 0% to 1.25% | 0.00% |
| Liquid & Floating Rate Funds | 0.00% | 0% to 1.25% | 0.00% |
*As per the terms of SEBI Circular SEBI/HO/IMD/DF2/CIR/P/2018/137, dated 22nd October 2018, B30 incentive shall be paid on trail basis for inflows from 'Retail investor' from B30 locations for 1st year only. Further, as per SEBI Circular SEBI/HO/IMD/DF2/CIR/P/2019/42 dated March 25, 2019, it has been decided that inflows of the amount up to Rs 2,00,000/- per transaction, by individual investors shall be considered as inflows from 'Retail investor'. The B30 incentive shall be fully clawed back in case the investment is redeemed/switched within 1 year from the date of investment. Details of Scheme level commission on Mutual funds are available with the Relationship Managers & also at every office of our organisation and would be produced on demand.
All of the above-mentioned fund schemes also offer direct plans which carry a lesser expense ratio in comparison to the regular plans being distributed by us.
NG Prime Wealth LLP could also get reimbursements towards promotion and marketing-related activities conducted by us on behalf of the AMCs. These reimbursements are event-based and the same may or may not be received from AMCs in a particular period. Further, since such activities may be carried out at the AMC level, the reimbursement amount received cannot be attributed to any specific scheme being offered by such AMC. The above-mentioned details are on a best effort basis and the rates are updated as and when the actual rates are received from the respective Asset Management Companies.
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Risk Factors – "Mutual Fund investments are subject to market risks. Please 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 (TER) applicable at the time of making the investment before finalizing on any investment decision for Mutual Funds schemes. We deal in Regular Plans only for Mutual Fund Schemes and earn a Trailing Commission on client investments. Insurance is the subject matter of solicitation. Disclosure For Commission earnings is made to clients at the time of investments. We deal in Regular Plans only and receive trailing commission from AMCs as part of the TER. Direct Plans are available at lower expense ratios through AMC portals. Not-an-IA declaration prominently.
NG PRIME WEALTH LLP is a Mutual Fund Distributor, NOT a SEBI-registered Investment Adviser.
AMFI Registered Mutual Fund Distributor – ARN-171412 | Date of initial registration – 03 JUL 2020 | Current validity of ARN – 02 Jul 2029
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