Prospera FinTech operates through independently registered entities engaged in financial services distribution and related services. This page provides information about our mutual fund distribution activities, applicable commission arrangements and the distribution or facilitation of other financial products and services.
The applicable product provider's documents, terms, conditions, charges and regulatory disclosures should be read carefully before proceeding with any transaction.
Mutual Fund Distribution
Mutual fund distribution services through Prospera FinTech are carried out through its applicable AMFI-registered Mutual Fund Distributor entities.
Prospera FinTech LLP
AMFI Registered Mutual Fund Distributor
ARN - 342337
Valid till 30th September 2028
Prospera FinTech
AMFI Registered Mutual Fund Distributor
ARN - 313034
Valid till 2nd November 2027
Mutual fund schemes are managed by the respective Asset Management Companies (AMCs) in accordance with the applicable regulatory framework.
Mutual Fund Commission
For mutual fund schemes distributed through our AMFI-registered entities under the Regular Plan, the applicable AMC pays trail commission to the distributor in accordance with the prevailing commission structure and applicable regulations.
Trail commission is generally calculated with reference to the assets held in the relevant scheme and paid periodically by the AMC. It is part of the scheme's permitted expenses and is not separately collected from the investor by Prospera FinTech as a distribution charge.
The applicable commission may vary by AMC, scheme, plan, asset class and other factors and may change from time to time.
Scheme-level commission details are available on request.
Annualised Trail Commission
The following are indicative annualised trail commission ranges by scheme category.
| Scheme Category | Annualised Trail Commission |
|---|---|
| Equity Funds | 0.35% – 1.50% |
| Hybrid Funds | 0.30% – 1.50% |
| ELSS | 0.30% – 1.50% |
| Index Funds | 0.03% – 0.70% |
| Arbitrage Funds | 0.10% – 0.70% |
| Debt Funds | 0.10% – 0.70% |
| Liquid Funds | 0.05% – 0.20% |
| Ultra Short-Term Funds | 0.05% – 0.60% |
| Fund of Funds | 0.20% – 1.50% |
Note: The rates shown above are indicative ranges only. Actual commission may differ for a particular AMC, scheme and plan and may change from time to time. The applicable scheme-level commission will be provided on request based on the latest information available from the relevant AMC.
Regular Plans and Direct Plans
Our mutual fund distribution services relate to Regular Plan investments. Direct Plans do not involve distributor commission and have a separate expense structure as prescribed under the applicable regulatory framework.
Investors may choose the plan that is appropriate for them after reviewing the applicable scheme documents, costs, features and services.
Compensation and Transparency
Commission received by our AMFI-registered Mutual Fund Distributor entities may differ between AMCs and schemes. The applicable commission is determined by the respective AMC's prevailing commission structure and applicable regulatory requirements.
Financial incentives do not form the basis for selecting a particular mutual fund scheme. Clients may request information regarding the applicable commission for a specific mutual fund scheme.
Mutual fund distribution commission is disclosed through the applicable investor statements and other disclosures in accordance with the applicable regulatory framework.
Other Financial Products & Services
Alternate Investment Funds (AIFs)
AIF opportunities are facilitated through selected fund managers and providers. The applicable structure, fees, risks, liquidity, minimum investment requirements and other conditions are determined by the respective fund and provider.
Portfolio Management Services (PMS)
PMS solutions are facilitated through selected providers. Portfolio management, investment strategy, fees, risks and other applicable terms are governed by the respective provider and applicable documentation.
Fixed Income Investments
Fixed income offerings may include corporate fixed deposits and bonds available through respective issuers or providers. Returns, credit risk, interest-rate risk, liquidity, tenure and other characteristics vary by product.
Insurance
Insurance-related services are facilitated by Prospera FinTech as a Digital Partner / Point of Sales Person (PoSP) through a certified partner. Insurance products are offered by the respective insurance providers, and applicable premiums, benefits, exclusions, charges, remuneration and other terms are governed by the respective policy documents and applicable regulations.
National Pension System (NPS)
NPS-related services and information are subject to the rules, regulations, features and terms applicable to NPS and the respective institutions involved. Returns are subject to the performance of the underlying investments and are not assured.
Loan Against Mutual Funds & Shares
Such facilities are made available through applicable lending partners. Eligibility, loan-to-value limits, interest rates, tenure, charges, collateral requirements and other conditions are determined by the respective lending institution.
Retirement Planning
Retirement planning services are provided by Prospera FinTech. Any products, investments or other solutions considered as part of the planning process remain subject to their respective product terms, risks, charges, taxation and applicable regulations.
Estate Planning
Estate planning services are provided by Prospera FinTech, including assistance relating to Will preparation and related estate-planning requirements. Where legal or other professional services are required, such services are carried out through appropriate professionals. The applicable documentation, legal requirements and other conditions are governed by the relevant laws and professional requirements.
Product Information and Risks
Financial products involve varying levels of risk. Market-linked investments may fluctuate in value, and past performance does not indicate or guarantee future performance.
Investors and customers should review the applicable product documents, risk factors, fees, charges, liquidity provisions, taxation and other relevant disclosures before proceeding.
For mutual fund schemes, the applicable Scheme Information Document (SID), Statement of Additional Information (SAI), Key Information Memorandum (KIM), addenda and other scheme disclosures should be read carefully before investing.
Investor Information
Clients may request information regarding applicable mutual fund distribution commission for a specific scheme. The information provided will be based on the latest commission details available from the relevant AMC.
For products distributed or facilitated through third-party providers, clients should refer to the respective provider's latest product documents and disclosures for applicable fees, charges, remuneration and other terms.
Regulatory and Provider Disclosures
Different products and services made available through Prospera FinTech are governed by the regulatory framework applicable to the respective product, provider and service.
Where a product or service is provided through a third-party provider, the provider's terms, policies, agreements and regulatory disclosures will also apply.
Prospera FinTech does not guarantee the performance, returns, availability or terms of any third-party product or service.
Disclosure Queries
For clarification regarding mutual fund distribution, applicable commission or other distribution arrangements, please contact Prospera FinTech through our Contact Us page.
