4. COMMISSIONS DISCLOSURES
Commission Disclosure under SEBI Circular SEBI/IMD/CIR No.4 /168230/09
The details of the commission earned by us from various Asset Management Companies (AMCs) are as below:
| 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 1.85% |
| 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 1.85% |
| 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 1.75% |
6. AMFI CERTIFICATIONS AND PMS
Zenwise Technologies Pvt Ltd
CIN U72200PN2016PTC165890
AMFI Registered Mutual Fund Distributor
AMFI Registered Mutual Fund Distributor (ARN-118477)- Date of Registration: 19 Jan 2027|Validity:19 Jan 2026 To 18 Jan 2029
APMI Registered PMS Distributor (APRN07974)- Date of Registration: 31 Oct 2025| Validity: 31 Oct 2025 To 30 Oct 2028
NISM-Series-XIII: Common Derivatives Certification
Examination from National Institute of Securities Markets (NISM): SIF Validity period from: 03-NOV-2025 To 02-NOV-2028
7. Grievance Redressal
PROCEDURE FOR REDRESSAL OF INVESTOR GRIEVANCES
In case the client has any suggestions or feedback, he/she can follow the process mentioned below:
- The Client can contact Zenwise Technologies pvt ltd in person, by telephone or in writing by email at the following: E-704 Daffodils,Magarpattacity Pune, Maharashtra 411013. Telephone: +91-9823244042 email: achal.darbari@zenwise.net.The Client can discuss and be rest assured that the complaint will be resolved on best effort basis within 7 working days.
- If the complaint persists and is not resolved within a period of one month, the Client may refer the complaint to the regulator – The Securities and Exchange Board of India (SEBI). SEBI has launched a centralized web-based complaints redress system ‘SCORES’ The link to the platform is Click Here
- ODR Portal could be accessed, if unsatisfied with the response. Your attention is drawn to the SEBI circular no. SEBI/HO/OIAE/OIAE_IAD-1/P/CIR/2023/131 dated July 31, 2023, on “Online Resolution of Disputes in the Indian Securities Market”.
- A common Online Dispute Resolution Portal (“ODR Portal”) which harnesses conciliation and online arbitration for resolution of disputes arising in the Indian Securities Market has been established. ODR Portal can be accessed via the following link – https://smartodr.in
- Alternatively, the Client can write to SEBI at the following address: Office of Investor Assistance and Education, SEBI Bhavan Plot No.C4-A, G Block, Bandra Kuria Complex, Bandra (E) Mumbai 400 051 Telephone: +91-22-2644 9000 / 4045 9000 Fax: +91-22 2644 9016-20 / 4045 9016-20
8. Risks Involved in Mutual Funds
-
1. Market Risks
Mutual funds are subject to market risks that may affect the value of investments.. -
2. Market Volatility and NAV Impact
Fluctuations in market conditions can lead to changes in the Net Asset Value (NAV) of the fund. -
3. Geo-Political Risks
Events such as wars, political instability, or regulatory changes in countries can impact fund performance. -
4. Principal Investment Risk
There is no guarantee of the return of the principal amount invested in mutual funds. -
5. Risk of Returns
Returns on mutual funds are not fixed and are subject to market fluctuations. -
6. Past Performance Disclaimer
Past performance of a mutual fund scheme does not guarantee future results. -
7. Change in Scheme Objectives
The investment objective of a mutual fund scheme may change, which could affect its performance. -
8. Re-Categorization Risk
Changes in the categorization of schemes by regulatory authorities or the AMC may alter the risk-return profile. -
9. Fund Management Riskss
Performance may vary due to changes in the fund management team or fund manager. -
10. Takeover or Merger of AMC
Risks associated with the acquisition or merger of the Asset Management Company (AMC), leading to potential changes in management and strategy. -
11. Closure or Merging of AMC
The closure of an AMC or its merging with another AMC may disrupt the management of funds. -
12. Segregated Portfolio Risks
AMCs may segregate portfolios due to issuer defaults, market events, or unforeseen circumstances impacting fund liquidity and performance. -
13. Risks in New Fund Offerings (NFOs)
NFOs may face price volatility, liquidity concerns, or even delisting risks. -
14. Scheme Winding Up
Funds may be wound up due to illiquid instruments, high redemption pressures, or adverse market conditions. -
15. Force Majeure Risks
Unforeseen events like natural disasters, pandemics, or global financial crises may impact investments. -
16. Default Risks
Defaults or insolvency by issuers of securities held by the fund could affect NAV and returns. -
17. Inflation Risks
Inflation may erode the real value of returns earned on mutual fund investments. -
18. Liquidity Risks
Certain mutual fund schemes may have investments in illiquid securities, which can delay or impact redemption proceeds. -
19. Regulatory Risks
Changes in government or SEBI regulations may impact the functioning or taxation of mutual funds. -
20. Foreign Investment Risks
For funds investing overseas, currency fluctuations and geopolitical events in foreign markets could pose risks. - Investor Disclaimer: Mutual fund investors are requested to carefully evaluate all risks mentioned above and consult with Mutual Fund Distributors or financial advisors before making investment decisions.