Mutual Fund Commission Disclosure

Distributor Name: SPN STOCK BROKING

ARN Holder Code: ARN-342690

Execution Platform: Integrated with BSE StAR MF Platform (Demat Mode Execution)

1. Regulatory Framework & Transparency

In accordance with SEBI guidelines and the AMFI Master Circular for Mutual Fund Distributors, the following details outline the indicative trail commission rates received/receivable by us from various Asset Management Companies (AMCs) for distributing competing mutual fund schemes. This disclosure is hosted at the digital point of sale to ensure absolute transparency prior to transaction execution.

2. Statutory Disclaimers for Investors

Regular Plans Involve Payouts: All digital transactions routed via this website or mobile application are processed under Regular Plans, which involve the built-in payout of trail commission natively from the AMC to the registered distributor (ARN holder).
Availability of Direct Plans: Direct Plans of the same mutual fund schemes have a lower expense ratio because they do not include distributor commission. Investors who wish to execute transactions via Direct Plans can do so directly through the respective AMC websites or native channels.
Zero Direct Advisory/Upfront Fees: In strict compliance with SEBI regulations, we do not charge any transaction fees, entry loads, or direct platform convenience fees to investors. All revenues are strictly trail commission-based.

3. Indicative Trail Commission Structure

The trail commission ranges outlined below are generic category aggregates. Exact commission structures differ across varying AMCs, individual scheme classifications, investment tenure, and investor asset placement (e.g., T-30 vs. B-30 geographical areas).

Asset Category	Minimum Base Trail (p.a.)	Maximum Base Trail (p.a.)	Payout Frequency	Nature of Payout
Equity Schemes (Active)	0.50%	1.50%	Monthly Basis	Trail Only (No Upfront)
Hybrid / Balanced Funds	0.50%	1.20%	Monthly Basis	Trail Only (No Upfront)
Debt / Fixed Income Funds	0.20%	0.90%	Monthly Basis	Trail Only (No Upfront)
Passive Funds (Index / ETFs)	0.05%	0.40%	Monthly Basis	Trail Only (No Upfront)
Liquid / Overnight Funds	0.05%	0.15%	Monthly Basis	Trail Only (No Upfront)

Note: As the distributor is not registered under GST, the rates displayed represent the base commission paid out by the respective AMCs.

4. Empanelled Asset Management Companies (AMCs)

We actively facilitate transactions across the following SEBI-registered Mutual Fund houses currently empanelled on our platform via the BSE StAR MF infrastructure.

360 ONE Mutual Fund
ITI Mutual Fund
Quant Mutual Fund
Aditya Birla Sun Life Mutual Fund
Invesco Mutual Fund
Quantum Mutual Fund
Axis Mutual Fund
JM Financial Mutual Fund
SBI Mutual Fund
Bandhan Mutual Fund
Kotak Mahindra Mutual Fund
Samco Mutual Fund
Baroda BNP Paribas Mutual Fund
LIC Mutual Fund
Shriram Mutual Fund
Canara Robeco Mutual Fund
Mahindra Manulife Mutual Fund
Sundaram Mutual Fund
DSP Mutual Fund
Mirae Asset Mutual Fund
Tata Mutual Fund
Edelweiss Mutual Fund
Franklin Templeton Mutual Fund
PPFAS Mutual Fund (Parag Parikh)
HDFC Mutual Fund
Nippon India Mutual Fund
UTI Mutual Fund
ICICI Prudential Mutual Fund
Old Bridge Mutual Fund
Union Mutual Fund
PGIM India Mutual Fund
WhiteOak Capital Mutual Fund