Legal
Commission disclosure
How each company in the group is paid, and what you pay.
Mutual funds: Trustner Asset Services Pvt. Ltd.
Trustner Asset Services (ARN-286886) is an AMFI-registered mutual fund distributor. It helps investors choose and invest in schemes offered by asset management companies (AMCs). For this the AMC pays the distributor a commission.
What you pay
When you invest through Trustner Asset Services, your whole amount goes to buying units. The distributor makes no deduction at investment or redemption, and charges no separate fee beyond transaction charges prescribed by SEBI where they apply.
Trail commission
Trail commission is paid by the AMC to the distributor for as long as you stay invested in a scheme. It is not charged to you separately. The rate varies by AMC, scheme category and plan, and is a percentage of the assets held through the distributor.
Expense ratio
Every scheme charges a Total Expense Ratio (TER), taken from the scheme's assets and reflected in its daily NAV. SEBI caps it. In a regular plan the TER includes the distributor's commission.
Direct plans and regular plans
- Direct plan. You invest with the AMC without an intermediary. No distributor commission is included, so the expense ratio is lower.
- Regular plan. You invest through a registered distributor such as Trustner Asset Services. The TER includes the distributor's trail commission, so it is somewhat higher than the direct plan.
A regular plan comes with the distributor's services: help choosing schemes, carrying out transactions, and servicing the investment afterwards. Compare both options and choose what suits you.
Our commitments
- No hidden charges. Any charge that applies is disclosed before a transaction.
- You may ask what commission the distributor earns on your investments, and you will be told.
- Account statements come to you directly from the AMC and its registrar, so you can check every transaction independently.
- No switching of investments for the purpose of earning commission.
- No return is guaranteed or assured, and commission is not rebated to investors, as SEBI rules require.
PMS, AIF and other products
Where Trustner Asset Services distributes portfolio management services, alternative investment funds or other products, it receives distribution commission from the provider. The amount is disclosed to you in writing before you invest.
Insurance: Trustner Insurance Brokers Pvt. Ltd.
Trustner Insurance Brokers is an IRDAI-licensed direct broker (Licence No. 1067). The premium for a policy is set by the insurer and is the same whether you buy directly, through an agent or through a broker. The broker is remunerated by the insurer, within the limits IRDAI prescribes.
Questions
For anything about commissions, fees or charges: wecare@trustner.in or +91 60039 03737. To raise a complaint, see grievance redressal.