Disclosure
- Basak FinServ Pvt. Ltd. is an AMFI registered mutual fund distributor (ARN:31392)
- Date of Registration: 16/07/2005
- Current Validity: 17/07/2025 to 16/07/2028
We suggest investment products keeping in mind the suitability profile of the client.
Mutual fund investments are subject to market risks. Returns are not guaranteed in mutual funds. Investors are encouraged to conduct their own due diligence before making investment decisions.
As an AMFI-registered Mutual Fund Distributor, Basak FinServ Pvt. Ltd. deals with ‘Regular’ Plans of the mutual fund schemes. When an investor subscribes to such schemes, Basak FinServ Pvt. Ltd. is entitled to receive a commission on the same. Investors can check the same on the website under the ‘Disclosure’ Tab on the footer of the website.
Basak FinServ Pvt. Ltd. is affiliated with a limited number of mutual fund companies/schemes and investors may want to consider alternate products of mutual fund companies before investing with Basak FinServ Pvt. Ltd. It is also brought to investors’ notice of the general risks and scheme-specific risks associated when investing through mutual funds. The risks that the investor might face include but are not limited to:
- 1. Returns being subject to market risk including loss of capital on account of market volatility, force majeure events, changes in the political and economic environment, default by issuers of securities to mutual funds, bankruptcy or insolvency of issuers and potential segregation of portfolio by AMC in such circumstances.
- 2. Suspension of redemption facility in case the scheme faces a liquidity crisis.
- 3. Risks associated with the subscription to a new fund offering of the scheme such as price volatility risk, liquidity risk, and delisting risk.
- 4. Winding up of schemes on account of illiquid instruments, higher volume of redemption requests from the investors, or on account of unforeseen market events.
Each mutual fund scheme has its own set of risks associated with them. We suggest you to go through the respective schemes offer documents as below:
Last updated: Sep 11, 2023
| Scheme Type | Trail-1st Year onwards |
|---|---|
| Liquid/Ultra Short Term Schemes | 0.05% - 0.65% |
| Short Term Income Funds | 0.05% - 0.65% |
| Income Funds | 0.05% - 1.0% |
| Gilt Funds | 0.05% - 0.65% |
| Hybrid Debt/Monthly Income Plans | 0.05% - 0.75% |
| Arbitrage Funds | 0.05% - 0.60% |
| Fund of Funds | 0.25% - 0.50% |
| ELSS | 0.50% - 1.50% |
| Index Funds | 0.0% - 0.75% |
| Equity / Hybrid Equity Balance Funds | 0.50% - 1.50% |
| Fixed Maturity Plans | Nil |
Details of Scheme level commission on Mutual funds are available with the Relationship Managers and would be produced on demand.
This is on a best effort basis and rates are updated as and when actual rates are received from AMCs.
We are a NISM certified / AMFI registered mutual fund distributor and not an RIA. We get compensated / incentivised by AMCs. We don't charge any fees for our services.