Regulatory & compliance
Who regulates us, and what we're paid.
Our registrations, the exact scope of what we do, and the commission we earn — in the open, where you can check it.
Registrations
Three regulators, three licences. Each one limits what we can do, and we'd rather you knew the limits.
AMFI
Mutual Fund Distributor
ARN 187441
Registered with the Association of Mutual Funds in India to distribute mutual fund schemes.
APMI
Portfolio Management Services
APRN03956
Finsherpa Investments Pvt Ltd · valid to .
IRDAI
Licensed Insurance Corporate Agent
CA1100
Composite corporate agent, licensed to distribute life, health and general insurance from empanelled insurers.
What that means in practice. We distribute mutual funds, portfolio management services and insurance. We are not a SEBI-Registered Investment Adviser; any guidance we give is incidental to that distribution activity. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Returns are not guaranteed and past performance does not indicate future results.
Commission disclosure
Disclosed under SEBI Circular SEBI/IMD/CIR No.4/168230/09. The trail commission we earn from Asset Management Companies, by scheme type.
| Scheme type | Trail — 1st year | Trail — 2nd year onwards |
|---|---|---|
| Arbitrage Funds | 0.05% to 0.60% | 0.05% to 0.60% |
| ELSS Funds | 0.50% to 1.25% | 0.50% to 1.25% |
| Equity Oriented Funds | 0.50% to 1.25% | 0.50% to 1.25% |
| Aggressive Hybrid Equity Funds | 0.50% to 1.25% | 0.50% to 1.25% |
| Fixed Maturity Plans | 0.05% to 0.50% | 0.05% to 0.50% |
| Fund of Funds | 0.25% to 1% | 0.25% to 1% |
| Gilt Funds | 0.25% to 1% | 0.05% to 0.65% |
| Hybrid Debt Funds | 0.05% to 0.75% | 0.05% to 0.75% |
| Income Funds | 0.05% to 1% | 0.05% to 1% |
| Index Funds | 0.01% to 0.75% | 0.01% to 0.75% |
| Liquid Funds / Ultra Short-Term Funds | 0.05% to 0.50% | 0.05% to 0.50% |
| Short-Term Income Funds | 0.05% to 0.65% | 0.05% to 0.65% |
| Thematic / Sector Funds | 0.50% to 1.25% | 0.50% to 1.25% |
Investments in mutual funds are subject to market risk and customers should read the scheme-related documents / key information documents of the Mutual Fund products carefully before investing. This is on a best-effort basis and rates are updated as and when actual rates are received from AMCs. This is for information purposes only and does not represent any financial or other advice. The information contained here is general in nature. The client acknowledges that the prices and net asset values of the mutual fund schemes are subject to fluctuation based on the factors and forces affecting the capital markets. Past performance of the sponsors, mutual funds, or their affiliates does not indicate or guarantee the future performance of any scheme in any manner, and historical performance, when presented, is purely for reference purposes.
Grievances
Write to info@finsherpa.com or call +91 91592 69900. If a concern isn't resolved to your satisfaction, you may escalate to the fund house or insurer concerned and to the relevant regulatory forum. Our Grievance Officer is named in the Privacy Policy.