Bluegrid Financial Services LLP is an AMFI Registered Mutual Fund Distributor: ARN-165088.
As per SEBI circular: SEBI/IMD/CIR No.4/ 168230/09, following are the details of the comparative commission earned by Bluegrid Financial Services LLP (‘Bluegrid’) from various fund-houses, whose products are being distributed:
| Disclosure of Commission received by Bluegrid Financial Services LLP for distribution of various Mutual Fund products | |
| Asset Class | Range of 1st Year Trail Commission Rate (%) |
| Liquid Funds | 0.05% to 0.10% |
| Debt Funds | 0.05% to 1.00% |
| Arbitrage Funds | 0.10% to 0.60% |
| Hybrid Funds | 0.30% to 1.10% |
| Equity Funds | 0.50% to 1.20% |
| Index Funds | 0.15% to 0.50% |
| Balanced Fund | 0.4% to 1.10% |
| Global Funds | 0.40% to 1.10% |
Bluegrid could also get reimbursement for mutual fund product promotion and marketing related activities. Reimbursement received for marketing activities could not be attributed to any specific mutual fund scheme as they are a part of overall relationship with AMCs. This disclosure is made on a best efforts basis and the rates are updated periodically.
Pursuant to SEBI Circular dated 22nd August, 2011 Bluegrid has opted as “Opt Out” Distributor. Hence no transaction charges shall be deducted by AMCs from Clients Investment amount for the transactions done under our ARN Code.
You are requested to contact us; in case you require any clarification or information about the commission charged on your investments through Bluegrid.