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FAQs

  •   What are the consequences of being NON Compliant ?

    Suspension of AMFI Certificate. In case Self Declaration not submitted to AMC before the end of the financial year, or within 3 months from the start of next financial year then his brokerage will be suspended thereafter till submission.

  •   What is brokerage and how is it paid ?

    For services rendered by Distributor, the commission being computed is called Brokerage. For fresh application mobilized and / or advising unit holder to further invest, a brokerage amount under name UPFRONT is paid. For amounts so mobilized that are retained with the Fund, a brokerage amount under the name TRAIL FEE is paid. Other than Upfront and Trail Fee, AMC may pay Incentives for achieving Sales Targets and he may also reimbursed expenses incurred for achieving the said sales targets.

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Mutual Fund Dictionary

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Disclaimer

The views, opinions and recommendations mentioned herein are those of the Investment Advisor alone and should not be construed as investment advice to any party and are not necessarily those of Birla Sun Life Asset Management Company Ltd.(BSLAMC) or any of their officers, employees, personnel, directors and further, BSLAMC / its subsidiaries / affiliates / sponsors / trustee or their officers, employees, personnel, directors make no representation or warranty, express or implied, as to the accuracy, completeness or reliability of the content and shall not be liable for any loss, damage, liability whatsoever for any direct or indirect loss arising from the use or access of such information.

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