Mutual Funds - Commission Structure

October 2017 onwards

This document includes details of commissions (up-front and trail) which

the Bank receives, as a distributor of mutual funds, from the following
Asset Management Companies (AMCs):

• Birla SunLife Asset Management Company Ltd.

• Franklin Templeton Asset Management Company Ltd.

• DSP BlackRock Asset Management Company Ltd.

• HSBC Asset Management Company Ltd.

• IDFC Mutual Fund

• ICICI Prudential Asset Management Company Ltd.

• L&T Mutual Fund

• Tata Mutual Fund

• Invesco Mutual Fund

Birla Sun Life Asset Management Company Ltd.
Aditya Birla Sun Life Mutual Fund (ABSLMF) or Aditya Birla Sun Life Asset Management Company Limited on behalf of (ABSLMF) - Brokerage Structure
Effective Period : 1-Oct-2017 till further notice of change
Total Brokerage (%) = Net Brokerage + Service tax
Category Funds Clawback Period UF 1Y & 2Y Trail Trail 3Y onwards B15 Incentive
ABSL Frontline Equity ABSL Balanced 95 Fund ABSL Equity N.A. - 1.25 1.15 1.50
ABSL MNC Fund ABSL Pure Value Fund 1.35 1.25 1.50
Core Funds
ABSL Top 100 ABSL Advantage Fund N.A. -
ABSL Midcap Fund ABSL Small & Midcap ABSL Banking & Financial Services
1.25 1.25 1.50
ABSL Balanced Advantage Fund N.A. - 1.25 1.25 1.50
Asset Allocation Funds
ABSL Equity Savings Fund N.A. 1.00 1.00 1.50
For Appl Amount <= 1,50,000 - 1.00 1.00 1.50
ELSS ABSL Tax Relief 96 & ABSL Tax Plan N.A.
For Appl Amount >1,50,000 - 1.00 1.00 1.50
Arbitrage ABSL Enhanced Arbitrage N.A. - 0.50 0.50 -
ABSL India GenNext Fund ABSL Manufacturing Equity ABSL Infrastructure Fund
Other Equity ABSL Dividend Yield Plus ABSL India Reforms Fund ABSL India Opportunities N.A. - 1.25 1.25 1.50
ABSL New Millennium ABSL Special Situations ABSL Intl Equity-Plan A & B
Index ABSL Index Fund N.A. - 0.25 0.25 -
ABSL Gold Fund ABSL Commodity Equities Fund - Global Agri Plan,
ABSL Global Commodities Fund, ABSL Global Real Estate Fund
FOFs
ABSL Active Debt Multi Manager FOF
N.A. - 0.50 0.50 -
ABSL Asset Allocator Multi Manager FOF Scheme
ABSL Financial Planning FoF – Aggressive, Conservative & Prudent
Hybrid - Debt 1 ABSL MIP II - Wealth 25 N.A. - 1.00 1.00 1.50
Hybrid - Debt 2 ABSL MIP and ABSL MIP II Savings 5 N.A. 1.00 1.00 1.00
Hybrid - Debt 3 ABSL Monthly Income N.A. - 0.60 0.60 0.50
Debt 1 ABSL Cash Manager N.A. - 0.50 0.50 -
Debt 2 ABSL Short Term Opportunities Fund N.A. - 0.60 0.60 0.50
Debt 3 ABSL Dynamic Bond Fund N.A. - 0.75 0.75 0.50
Debt 4A ABSL Medium Term Plan N.A. - 0.75 0.75 0.75
Debt 4B ABSL Corporate Bond Fund N.A. - 1.00 1.00 1.00
ABSL Cash Plus N.A. - 0.10 0.10 -
Debt 4C
ABSL Savings Fund ABSL Floating Rate Fund - Short Term & Long Term Plan N.A. - 0.15 0.15 -
ABSL Short Term Fund N.A. - 0.15 0.15 -
Debt 5A
ABSL G-Sec Fund - Long Term Plan N.A. - 0.15 0.15 -
ABSL Treasury Optimizer Plan N.A. - 0.25 0.25 -
Debt 5B
ABSL Constant Maturity 10Y Gilt Fund N.A. - 0.25 0.25 -
Debt 5C ABSL Income Plus ABSL Gilt Plus - PF Plan N.A. - 0.75 0.75 -
 Notes
Load Structure * Please refer OD / SID / KIM / FactSheet / Addendums for updated details.
Subject to proportionate claw back in case investment is redeemed / Systematically Transferred /Switched out within 12 months of investment. The clawback clause can be changed /modified/discontinued/ withholding by the
Claw back_ Upfront #
ABSLMF at its sole discretion without any prior intimation or notification.
Claw back_B15 Special In case the investment is redeemed / Systematically Transferred /Switched out to another scheme / Switched out to the Direct Plan within 12 months of investment, B15 Incentive will be completely recovered / clawed back from
Incentive # the future brokerage payments
Includes Mumbai (including Thane & Navi Mumbai), Delhi (including NCR), Bangalore, Kolkata, Chennai, Pune, Ahmedabad, Hyderabad (including Secunderabad), Baroda, Panjim, Jaipur, Lucknow, Surat, Kanpur and Chandigarh .
T15 Locations Any Investments from above mentioned Cities / Pin code categories will be eligible for brokerage payment as per T-15 brokerage structure. In addition to above mentioned Top 15 cities, the NRI investments will be considered as T-
15 investments for the purpose of brokerage payment
B15 Other than T-15 Locations mentioned above
This attached brokerage structure is applicable for the period 1st April, 2015 to 30th June 2015. Aditya Birla Sun Life Asset Management Company Ltd. reserves the right to change /modify/discontinue/ withhold the rates and
slabs mentioned at its sole discretion without any prior intimation or notification or in case of Regulatory Changes / Change in Industry practices in respect to payment of Brokerages. The AMC, its employees or Trustees shall not
be responsible for any losses incurred by anyone due to change or errors in the brokerage structure.
The rate defined in the structure would be applicable for lump sum as well as SIP, STP & CSIP investments.For Systematic Transactions, respective scheme commission structure will be applicable.
Total Distributor Commission/ Brokerage /Incentive shall be the aggregate of Upfront Commission, Trail Commission and Marketing Support Expenses as expressed in basis points at transaction level.All these shall be inclusive of
all statutory levies including service tax. Marketing Support Expenses are any expenses reimbursed to the distributor or incurred for on behalf of the distributor including gift vouchers, debit notes, event sponsorships, per
application incentives, overseas & outstation trips ( excluding for training programs) and benefits under reward and recognition/loyalty program like Privilege Club
All Brokerages/Incentives are gross & inclusive of all statutory levies including service tax & education cess. Net Amount after deducting the statutory levies will be paid to the distributor. The service tax will be deducted from the
Terms and conditions brokerage payout at the time of payment. The brokerage strucure mentioned herein is solely payable to AMFI certified & KYD complied distributors. This brokerage structure is applicable only to distributors of Aditya Birla Sun Life
Asset Management Co Ltd and can be changed / withholding by the AMC as its sole discretion without any prior intimation or notification. The AMC, its employees or Trustees shall not be responsible for any losses incurred by
anyone due to change or errors in the brokerage structure. All distributors should abide by the code of conduct and rules/regulations laid down by SEBI & AMFI. The AMC will take disciplinary action against any distrubutor who is
found violating these regulations / code of conduct. Distributors shall comply with SEBI circular dated June 26, 2002 on code of conduct & SEBI regulations from time to time, including SEBI circular, dated June 30, 2009 with respect
to disclosures to be made by distributors to investors.
For switch-out(s) made from any open ended Equity or Balanced scheme to any another Open ended Equity or Balanced Scheme:Exit load as applicable to the respective scheme will be charged and brokerage to be paid as
applicable . For Investments and Switches into Direct Plan, Brokerage would not be paid
Mutual Fund Investments are subject to market risks. Please read offer document / SID carefully before investing. For scheme specific risk factors please refer to the respective offer documents. Please refer OD / SID / KIM /
FactSheet / Addendums for updated details.
Franklin Templeton Asset Management Company Ltd.
Distribution Remuneration Structure
Period of Applicability: December 1st, 2017 to December 31st, 2017

Applicable for T-15 & B-15 Additional Upfront for

Fund Type, Fund Name, Plan Exit Load
Trail- Year 1 onwards B-15
A- Equity Funds
1) Franklin India Bluechip Fund (FIBCF) 1.10% 1.75%
2) Franklin India Prima Plus (FIPP) 1.10% 1.75%
3) Franklin India Prima Fund (FIPF) 1.10% 1.75%
4) Franklin India Smaller Companies Fund (FISCF) 1.00% for 1 year 1.10% 1.75%
5) Franklin India Flexi Cap Fund (FIFCF) 1.10% 1.75%
6) Templeton India Growth Fund (TIGF) 1.10% 1.75%
7) Templeton India Equity Income Fund (TIEIF) 1.10% 1.75%
8) Franklin India Opportunities Fund (FIOF) 1.20% 1.75%
9) Franklin India Technology Fund (FITF) 1.00% for 2 years 1.20% 1.75%
10) Franklin Build India Fund (FBIF) 1.00% for 2 years 1.20% 1.75%
11) Franklin India High Growth Companies Fund (FIHGCF) 1.00% for 2 years 1.10% 1.75%
12) Franklin India Index Fund (FIIF) – NSE Nifty Plan 1.00% for 30 days 0.50% Nil
B-Section 80C Funds

1) Franklin India Taxshield (FIT) Nil 1.10% 1.75%

3.00% if redeemed before age of 58
2) Franklin India Pension Plan (FIPEP) years,( subject to lock in period & target 1.15% Nil
amount) Nil after age of 58 years
C- Hybrid Funds
1) Franklin India Balanced Fund (FIBF) 1.00% for 1 year 1.20% 1.75%
2) Franklin India Monthly Income Plan (FIMIP)-Plan A 1.00% for 1 year 1.15% Nil
D- Income Funds - Long Term
1) Franklin India Short Term Income Plan (FISTIP) – Retail Plan 0.50% for 1 year 0.85% Nil
3% within 12 months, 2.00% for > 12
2) Franklin India Income Opportunities Fund (FIIOF) months & within 18 months, 1.00% > 18 0.85% Nil
months but within 24 months.
3% within 12 months, 2.00% for > 12
3) Franklin India Corporate Bond Opportunities Fund (FICBOF) months & within 24 months, 1.00% > 24 0.85% Nil
months & within 36 months.
3% within 12 months, 2.00% for > 12
months & within 24 months, 1.00% > 24
4) Franklin India Dynamic Accrual Fund (FIDA) 0.85% Nil
months & within 36 months ,0.50% for
>36 months & within 48 months
5) Franklin India Income Builder Account (FIIBA) – Plan A 0.50% for 1 year 0.85% Nil
0.50% for 3 months for Composite / PF
6) Franklin India Government Securities Fund (FIGSF) – Composite/PF/LT Plans 0.85% Nil
Plans, Nil for LT Plan.
E- Income Funds - Short Term
1) Franklin India Savings Plus Fund (FISPF) Nil 0.05% Nil
2) Franklin India Low Duration Fund (FILDF) 0.50% for 3 months 0.40% Nil
3) Franklin India Banking & PSU Debt Fund (FIBPDF) Nil 0.20% Nil
F- Liquid / Liquid + Funds
1) Franklin India Treasury Management Account (FITMA) – Super Institutional Plan 0.05% Nil
Nil
2) Franklin India Ultra-short Bond Fund (FIUBF) – Super Institutional Plan 0.10% Nil

3) Franklin India Cash Management Account (FICMA) Nil 0.50% Nil

G- Fund of Funds
1) (a) Franklin India Life Stage Fund of Funds (FILSF) – 20s Plan 1.00% for 1 year 1.50% Nil
1) (b) Franklin India Life Stage Fund of Funds (FILSF) – 30s Plan 0.75% for 1 year 1.50% Nil
1) (c) Franklin India Life Stage Fund of Funds (FILSF) – 40s Plan 0.75% for 1 year 1.50% Nil
1) (d) Franklin India Life Stage Fund of Funds (FILSF) – 50s Plan 1.00% for 1 year 1.50% Nil
1) (e) Franklin India Life Stage Fund of Funds ( FILSF ) –50s Plus Floating Rate Plan 1.00% for 1 year 0.40% Nil
2) Franklin India Dynamic PE Ratio Fund of Funds (FIDPEF) 1.00% for 1 year 1.50% 1.25%
3) Franklin India Multi Asset Solution Fund (FIMAS) 1.00% for 3 years 1.50% 1.25%
H- International Funds
1) Franklin US Opportunities Fund (FUSOF) 1.45% 1.75%
2) Franklin European Growth Fund (FEGF) 1% for 3 years 1.35% 1.75%
3) Franklin Asian Equity Fund (FAEF) 1.20% 1.75%

ND-Special (HSBC)-ARN-0022, HSBCWEB, HSBCQN

Note:-

1. Any distribution of Mutual Fund units of Franklin Templeton Mutual Fund (FTMF) by distributors empaneled with Franklin Templeton Mutual Fund/Franklin Templeton Asset Management (India) Pvt. Ltd (FTAMIL)(“Distributor/s”) is on voluntary basis and by
distributing the units, the distributors records its informed consent to comply with all the terms and conditions mentioned in this document as well as such other documents including empanelment form executed by them in connection with the distribution
services provided to FTMF/FTAMIL.

2. This Distribution Remuneration Structure is applicable only to Distributors empaneled with FTAMIL.

3. FTAMIL reserves absolute right and authority to change the Distribution Remuneration Structure applicable to existing as well as future assets contributed by the Distributor under their respective ARN, at its sole discretion. Any change in the Distribution
Remuneration Structure shall be intimated to the Distributors by telephone/email/post/courier /text messages or such other medium of communication as may be preferred by FTAMIL and the same will be effective from the date of dispatch of such
communication –

4. The MIS based computation of commission by FTMF’s Registrar and Transfer Agent will be considered to be final.

Terms & Conditions

A. Applicability of T-15 and B-15 Cities for payment of Commission:

1. AMFI has identified the top 15 (T-15) cities as major investments hubs. The List of T-15 cities as on December 31, 2015 are Mumbai (including Thane and Navi Mumbai), Delhi (NCR Gurgaon), Bangalore, Chennai, Kolkata, Ahmedabad, Pune,
Hyderabad, Jaipur, Vadodara, Chandigarh, Surat, Kanpur, Lucknow and Ludhiana. The T-15 list is subject to periodic announcements made by AMFI in this regard. The Cities beyond T-15 are classified as “Beyond Top 15 (B-15) cities”.

2 NRI & other eligible Foreign Investor Investments business shall also be considered as T-15 business. Additional upfront / trail commission offered on investments from B15 cities will not be applicable to investments from T15 cities, NRIs and Foreign Institutional
Investors.

B. Recovery of Upfront Commission Paid:

1. The upfront commission paid to a Distributor will be recovered from the Distributor, if the investment for which such upfront commission was paid is redeemed /switched out to any other scheme or the Direct Plan before the completion of the Exit Load period.
In the case of Franklin India Government Securities Fund – Composite / PF / LT Plans the recovery period will be one year.

2. (i) The recovery will be made on a pro-rata basis, depending upon the number of days for which the investment has stayed invested in the fund before being redeemed / switched out.
(ii) In case exit load is mentioned in months – 1 month will be considered as 30 days, 3 months as 90 days, 6 months as 180 days, 9 months as 270 days and 1 year as 365 days respectively
(iii) Recovery of the upfront commission (“Recovery Amount”) will be equal to upfront commission paid x (No. of days for the Exit Load period – No. of days the monies have stayed in the funds) / (No. of days for the Exit Load period).

For example :
An upfront commission of 0.75% is paid on an Equity Fund, where the Exit Load period is 1 year. For an investment of Rs. 100,000/-, a distributor would be paid a sum of Rs. 750/- as the upfront commission. If the investor redeems this money exactly after
completion of 180 days the Recovery Amount will be Rs. 380.14, computed as ((750 * (365 – 180))/365 as per the above formula.
For Additional Brokerage Structure applicable for investments Beyond Top 15 Cities, full recovery of the additional Commission paid will be done in case the Investor redeems / switches out to any other Scheme or the Direct Plan before the completion of ONE
YEAR from the date of investment, irrespective of the Exit Load period applicable to the Fund.

3. The recovery of the Recovery Amount will be made from the Commission payable to the Distributor for the month in which redemption has been made. In case the Commission payable to the Distributor is insufficient to cover the Recovery Amount, we will
continue to recover from the Commission payable in subsequent months. In case the recovery is not completed in 3 months, a demand notice will be sent to the Distributor asking him to refund the money to the AMC. In case the Distributor does not pay the
money within 1 month from the date of the receipt of the notice, the AMC will approach AMFI and / or may initiate legal action for resolution of the same.

C. Commission payable on Switches

1. Upfront commission will be paid on switches done from one Equity/Balanced Fund to another Equity/Balanced Fund only on completion of three years from the date of initial investment.
2. In case an investor switches out money from FTMF before the exit load Period, it will be considered as redemption and the upfront commission so paid will be recovered in lines of Para B above. Further a switch-in will be considered as a fresh purchase, and
the upfront commission payable on the switch-in fund will be paid in entirety to the Distributor.

D. Statutory / AMFI Driven Regulations

1. The rate of Commission mentioned in this document is inclusive of Goods and Service Tax (GST) at applicable rates, if any. As per the GST law effective in India from 1st July 2017, distributors whose turnover in a financial year exceeds the prescribed threshold
limit, are liable to register themselves and charge GST at the rates applicable. Every distributor providing taxable supply must issue a tax invoice, containing all the details prescribed under the GST law . Where the distributor fails to ensure prescribed compliance
appropriately/ timely under the GST Law or in case where his rating goes below the prescribed limit or fails to raise a tax invoice, GST would be recovered from the amount paid to the distributor along with any penalty/ interest on account of such failure.
Further, in case where the distributor is unregistered, GST would be paid under reverse charge mechanism and accordingly, we shall pay the applicable GST on the commission payable. For further clarification on applicability of GST, please consult your tax
advisor’

2. In case any assets under your ARN Code are transferred to another Distributor at the request of the Investor, you shall not be entitled to receive any trail commission on such assets. Further, the payments of trail commission on assets that are transferred from
another Distributor to your ARN Code shall be subject to us receiving a “Clearance Certificate” from the previous Distributor. Please contact your Franklin Templeton Relationship Manager for further details.

3. The upfront commission that is payable by the investor (if any) as per the SEBI (SEBI/IMD/CIR No.4/168230/09 dated June 30, 2009) will be paid directly to the Distributor / Advisor by the investor based on his assessment of various factors including the service
rendered by the Distributor / Advisor. Further, the Distributor / Advisor is required to disclose to customers all the commissions (in the form of trail commission or any other mode) received by him for different competing schemes of various mutual funds from
amongst which the Scheme of Franklin Templeton Mutual Fund (FTMF) is being recommended to them.

4. The Distributor shall adhere to all applicable SEBI Regulations and more particularly SEBI circulars dated June 26, 2002 and August 27, 2009 on the Code of Conduct and other guidelines issued by AMFI from time to time for mutual fund distributors and ensure
that (i) no rebate is given to investors in any form and (ii) splitting of applications for any benefit.
5. The payment of Commission shall depend on the documentation completion status as per the empanelment form.

6. In terms of a SEBI directive, the Distributor / Advisor shall not take any Irrevocable Power of Attorney from its clients in connection with investments in the schemes of FTMF and that the liability of Distributor / Advisor shall not be limited and depend upon his
failure to discharge his obligations.

7. All ARN holder are required to comply with the norms related to Know Your Distributor (KYD) as per AMFI circular dated August 27, 2010. The payment of Commission shall be suspended till the Distributor complies with this requirement.

E. This Distribution Remuneration Structure is applicable for SIP, STP and lump sum investments.

F. Important Definitions

“Commission” shall mean any payment due from Fund/FTAMIL as distribution fees or other fees to the Distributor for valid transactions executed through the Distributor under the Distributor’s ARN code and in respect of which final allotment of units has been made
to the Customer. Commission includes upfront and trail commission as explained in the AMFI Best Practice Circular and the modification thereto from time to time.

“Distribution Remuneration Structure” shall mean the applicable fee/charges structure along with provisions for Commission, claw back and applicable taxes and deductions which shall from time to time be communicated to the Distributor through email/letters.

Please refer to the Fund’s Scheme Information Document (SID) / Prospectus / Fund Factsheet for the minimum amounts for investments, exit loads and other statutory and fund related information.

ND-Special (HSBC)-ARN-0022, HSBCWEB, HSBCQN

HDFC Asset Management Company Ltd.
Statement of Commissions Payable to Distributors for October 2017 to December 2017

Name of AMC: HDFC Asset Management Company Limited

Name of Mutual Fund: HDFC Mutual Fund

B - 15 Cities:
Other than Mumbai (including Thane & Navi Mumbai), Delhi (including NCR), Bangalore, Kolkata, Chennai, Pune, Ahmedabad, Hyderabad, Baroda, Ludhiana, Jaipur, Lucknow, Surat, Kanpur and Chandigarh

Validity Period: October 2017

ARN-0022 Hongkong & Shanghai Banking Corporation Ltd

Brokerage Rate applicable for Lumpsum & SIP Investments T15 & B15 B15
Category Scheme Name Exit Load Clawback Trail paid in Trail Yr1 Total Trail Yr 2 Trail Additional Total B15
Period Period Advance (@) - APM (A+B) for & 3 (p.a) 4th yr Payout – B- Payout in
1 yr (A) (p.a) (B) T15 & onward 15 Cities # 1st Year#
B15 s
HDFC Equity Fund* 12 Months 12 Months 0.00% 1.55% 1.55% 1.20% 1.20% 1.25% 2.80%
HDFC Mid Cap Opportunities Fund* 12 Months 12 Months 0.00% 1.55% 1.55% 1.20% 1.20% 1.25% 2.80%
HDFC Top 200 Fund* 12 Months 12 Months 0.00% 1.55% 1.55% 1.20% 1.20% 1.25% 2.80%
HDFC Capital Builder Fund 12 Months 12 Months 0.00% 1.20% 1.20% 1.20% 1.20% 1.25% 2.45%
HDFC Core & Satellite Fund 12 Months 12 Months 0.00% 1.20% 1.20% 1.20% 1.20% 1.25% 2.45%
Equity Oriented Schemes HDFC Equity Savings Fund 12 Months 12 Months 0.00% 1.00% 1.00% 1.00% 1.00% 0.00% 1.00%
HDFC Growth Fund 12 Months 12 Months 0.00% 1.20% 1.20% 1.20% 1.20% 1.25% 2.45%
HDFC Infrastructure Fund 12 Months 12 Months 0.00% 1.20% 1.20% 1.20% 1.20% 1.25% 2.45%
HDFC Large Cap Fund 12 Months 12 Months 0.00% 1.20% 1.20% 1.20% 1.20% 1.25% 2.45%
HDFC Premier Multi Cap Fund 12 Months 12 Months 0.00% 1.20% 1.20% 1.20% 1.20% 1.25% 2.45%
HDFC Small Cap Fund 12 Months 12 Months 0.00% 1.20% 1.20% 1.20% 1.20% 1.25% 2.45%
HDFC Index Fund – Nifty Plan 3 Months N.A 0.00% 0.15% 0.15% 0.15% 0.15% 0.00% 0.15%
Index HDFC Index Fund – Sensex Plan 1 Month N.A 0.00% 0.15% 0.15% 0.15% 0.15% 0.00% 0.15%
HDFC Index Fund – Sensex Plus Plan 1 Month N.A 0.00% 0.75% 0.75% 0.40% 0.40% 0.00% 0.75%
HDFC Prudence Fund 12 Months 12 Months 0.00% 1.20% 1.20% 1.20% 1.20% 1.00% 2.20%
HDFC Balanced Fund 12 Months 12 Months 0.00% 1.00% 1.00% 1.00% 1.00% 1.25% 2.25%
Balanced Equity Oriented Schemes
HDFC Childrens Gift Fund – Investment Plan (Equity) 3 Years 12 Months 0.00% 1.00% 1.00% 1.00% 1.00% 1.25% 2.25%
HDFC Childrens Gift Fund – Investment Plan (Equity) Lock In $ 3 Years 12 Months 0.00% 1.00% 1.00% 1.00% 1.00% 1.25% 2.25%
Arbitrage HDFC Arbitrage Fund 1 Month N.A 0.00% 0.40% 0.40% 0.40% 0.40% 0.00% 0.40%
HDFC Tax Saver Fund (Lock In) 3 Years (Lock In) N.A 0.00% 1.10% 1.10% 1.10% 1.10% 1.25% 2.35%
ELSS
HDFC Long Term Advantage Fund (Lock In) 3 Years (Lock In) N.A 0.00% 1.20% 1.20% 1.20% 1.20% 1.25% 2.45%
HDFC Retirement Savings Fund - Equity Plan 5 years 12 Months 0.00% 1.10% 1.10% 1.10% 1.10% 0.00% 1.10%
Retirement Planning HDFC Retirement Savings Fund - Hybrid-Equity Plan 5 years 12 Months 0.00% 1.10% 1.10% 1.10% 1.10% 0.00% 1.10%
HDFC Retirement Savings Fund - Hybrid-Debt Plan 5 years 12 Months 0.00% 1.10% 1.10% 1.10% 1.10% 0.00% 1.10%
HDFC Monthly Income Plan – Short Term Plan 12 Months 12 Months 0.00% 1.00% 1.00% 1.00% 1.00% 1.25% 2.25%
Hybrid – Debt Oriented HDFC Monthly Income Plan – Long Term Plan 12 Months 12 Months 0.00% 0.90% 0.90% 0.90% 0.90% 1.25% 2.15%
HDFC Multiple Yield Fund - Plan 2005 15 Months 12 Months 0.00% 0.90% 0.90% 0.90% 0.90% 0.00% 0.90%
HDFC Income Fund Nil N.A. 0.00% 0.85% 0.85% 0.85% 0.85% 0.50% 1.35%
Income
HDFC High Interest Fund – Dynamic Plan 6 Months 6 Months 0.00% 0.70% 0.70% 0.70% 0.70% 0.00% 0.70%
HDFC Regular Savings Fund 6 Months 6 Months 0.00% 1.00% 1.00% 1.00% 1.00% 0.00% 1.00%
HDFC High Interest Fund – STP Nil N.A 0.00% 0.60% 0.60% 0.60% 0.60% 0.00% 0.60%
HDFC Short Term Opportunities Fund Nil N.A 0.00% 0.10% 0.10% 0.10% 0.10% 0.00% 0.10%
Short Term HDFC Medium Term Opportunities Fund Nil N.A 0.00% 0.05% 0.05% 0.05% 0.05% 0.00% 0.05%
HDFC Floating Rate Income Fund – Long Term Plan Nil N.A 0.00% 0.05% 0.05% 0.05% 0.05% 0.00% 0.05%
HDFC Banking and PSU Debt Fund Nil N.A 0.00% 0.20% 0.20% 0.20% 0.20% 0.00% 0.20%
HDFC Corporate Debt Opportunities Fund 18 Months 12 Months 0.00% 0.85% 0.85% 0.85% 0.85% 0.00% 0.85%
HDFC Gilt Fund – Short Term Plan Nil N.A 0.00% 0.20% 0.20% 0.20% 0.20% 0.00% 0.20%
Gilt 0.50%
HDFC Gilt Fund – Long Term Plan Nil N.A 0.00% 0.50% 0.50% 0.50% 0.00% 0.50%
HDFC Liquid Fund Nil N.A 0.00% 0.05% 0.05% 0.05% 0.05% 0.00% 0.05%
Liquid HDFC Cash Management Fund – Savings Plan Nil N.A 0.00% 0.05% 0.05% 0.05% 0.05% 0.00% 0.05%
HDFC Cash Management Fund – Call Plan Nil N.A 0.00% 0.05% 0.05% 0.05% 0.05% 0.00% 0.05%
HDFC Floating Rate Income Fund – Short Term Plan Nil N.A 0.00% 0.05% 0.05% 0.05% 0.05% 0.00% 0.05%
Ultra Short Term
HDFC Cash Management Fund – Treasury Advantage Plan Nil N.A 0.00% 0.60% 0.60% 0.60% 0.60% 0.00% 0.60%
Multi Asset FOF HDFC Dynamic PE Ratio Fund of Funds 12 Months N.A 0.00% 0.75% 0.75% 0.75% 0.75% 0.00% 0.75%
Gold FOF HDFC Gold Fund 12 Months NA 0.00% 0.60% 0.60% 0.60% 0.60% 0.00% 0.60%
* For Non-systematic inflows only. For systematic inflows Year 1 brokerage for HDFC Equity Fund, HDFC Top 200 Fund and HDFC Mid Cap Opportunities Fund shall be 1.20% Trail only.

APM - Annualised payable monthly - Subject to revision prospectively

$ Lock-in is from the date of investment till the child attains age of 18 years or at the end of 3 years from date of investment, whichever is later

General Terms:

Brokerage Structures are subject to the terms of empanelment and applicable laws and regulations, including SEBI (Mutual Fund) Regulations, AMFI Regulations, laws relating to Goods and Service Tax, Income Tax, etc.

AMC reserves the right to change the brokerage/incentive without any prior intimation or notification at its sole discretion, and the Distributors shall not dispute the same. AMC shall not be responsible for

any losses incurred due to changes in the brokerage/incentive structure. Any recovery/claw back/proportionate set off etc., of brokerage shall be at the sole discretion of the AMC, and the

Distributors shall not dispute the same

Notes

Refer KIM for minimum application amount

In case of change in Broker/Distributor Code, Trail paid in advance shall be recovered/clawed back/set off proportionately from the future brokerage payments

T-15 means Mumbai (including Thane & Navi Mumbai), Delhi (including NCR), Bangalore, Kolkata, Chennai, Pune, Ahmedabad, Hyderabad, Vadodara, Ludhiana, Jaipur, Lucknow, Surat, Kanpur and Chandigarh

@In case the investment is redeemed within the exit load period, as applicable, the proportionate (i.e for the remaining period of exit load) of trail paid in advance/incentive, (if any) paid shall be recovered/clawed back/set off from the future brokerage payments, at AMC’s sole discretion

payments, at AMC’s sole discretion

#In case the investment is redeemed within 12 months, the upfront (including additional upfront/trail payable in advance/incentive, if any) brokerage paid shall be recovered/clawed back/set off fully from the future brokerage payments, at AMC’s sole discretion.
In respect of all purchases (including switch ins) w.e.f 1st January 2013 from Regular Plan (Distribut or Plan) to Direct Planinany scheme, all up front commissions (including additional up front/trail payable in advance/incentive, if any) paid shall be recovered/clawed back/set off
fully/proportionatelyfrom future brokerage payments.

The classification of cities for T-15 as mentioned above is advised by AMFI and is subject to revision, if any.

The commission rates mentioned above shall be inclusive of Goods and Service Tax and other relevant statutory/regulatory levies as applicable.

You are advised to abide by the code of conduct and/or rules/regulations laid down by SEBI and AMFI.

Please refrain from offering brokerage to your sub-brokers, if any, at a rate higher than the brokerage as aforementioned.

The AMC reserves the right to suspend the brokerage payable to you, if brought to our notice that higher brokerage is offered to sub-brokers or you have violated the code of conduct conduct and/or rules/regulations laid down by SEBI and AMFI

In accordance with the clause 4(d) of SEBI Circular No. SEBI/IMD/CIR No. 4/168230/09 dated June 30, 2009, the distributors should disclose all the commissions (in the form of trail

or any other mode) payable to them for the different competing schemes of various mutual funds from amongst which the scheme is being recommended to the investor. Distributors are advised to ensure compliance of the same.
DSP BlackRock Asset Management Company Ltd.
DSP BlackRock Mutual Fund
Brokerage Period: From 1st Oct 2017 To 31st Dec 2017
Distributor:
Transaction Types: Lump Sum Purchases; Switch Ins, SIP/STP

Upfront
(Trial Paid Total Payout Trail Brokerage for
Type of Brokerage Trail Year 1
in advance) Year 1 Additional Total : T15 & B 15
Clawback B15 Payout
Location T15 & B15 T15 & B15 T15 Incentive Year 1 - B15
Year 4 &
Year 2 Year 3
Transaction Limit (Rs) All Amt All Amt All Amt Onwards
Equity
DSPBR Top 100 Equity Fund Nil 0.00% 1.30% 1.30% 2.00% 3.30% 1.30% 1.30% 1.30%
DSPBR Equity Fund Nil 0.00% 1.30% 1.30% 2.00% 3.30% 1.30% 1.30% 1.30%
DSPBR Small and Midcap Fund Nil 0.00% 1.40% 1.40% 1.75% 3.15% 1.40% 1.40% 1.40%
DSPBR India TIGER Fund Nil 0.00% 1.30% 1.30% 2.00% 3.30% 1.30% 1.30% 1.30%
DSPBR Micro Cap Fund Nil 0.00% 1.20% 1.20% 1.75% 2.95% 1.20% 1.20% 1.20%
DSPBR Focus 25 Fund Nil 0.00% 1.40% 1.40% 1.75% 3.15% 1.40% 1.40% 1.40%
DSPBR Opportunities Fund Nil 0.00% 1.50% 1.50% 1.50% 3.00% 1.50% 1.50% 1.50%
DSPBR NRNE Fund Nil 0.00% 1.50% 1.50% 1.00% 2.50% 1.50% 1.50% 1.50%
ELSS
DSPBR Tax Saver Fund Nil 0.00% 1.40% 1.40% 1.50% 2.90% 1.40% 1.40% 1.30%
Hybrid
DSPBR Balanced Fund Nil 0.00% 1.40% 1.40% 1.50% 2.90% 1.40% 1.40% 1.40%
DSPBR Equity Savings Fund Nil 0.00% 1.50% 1.50% 1.00% 2.50% 1.50% 1.50% 1.50%
DSPBR MIP Fund Nil 0.00% 1.30% 1.30% 1.75% 3.05% 1.30% 1.30% 1.30%
International FOF
DSPBR Global Allocation Fund Nil 0.00% 1.20% 1.20% 1.50% 2.70% 1.20% 1.20% 1.20%
DSPBR US Flexible Equity Fund Nil 0.00% 1.20% 1.20% 1.50% 2.70% 1.20% 1.20% 1.20%
DSPBR World Agriculture Fund Nil 0.00% 1.10% 1.10% 1.50% 2.60% 1.10% 1.10% 1.10%
DSPBR World Gold Fund Nil 0.00% 1.10% 1.10% 1.50% 2.60% 1.10% 1.10% 1.10%
DSPBR World Mining Fund Nil 0.00% 1.10% 1.10% 1.50% 2.60% 1.10% 1.10% 1.10%
DSPBR World Energy Fund Nil 0.00% 1.10% 1.10% 1.50% 2.60% 1.10% 1.10% 1.10%
Domestic FOF
DSPBR Dynamic Asset Allocation Fund Nil 0.00% 1.50% 1.50% 2.00% 3.50% 1.50% 1.50% 1.50%

Upfront
(Trial Paid Total Payout Trail Brokerage for
Type of Brokerage Trail Year 1
in advance) Year 1 Additional Total : T15 & B 15
Clawback B15 Payout
Location T15 & B15 T15 & B15 T15 Incentive Year 1 - B15 Year 3
Year 2 &
Transaction Limit (Rs) All Amt All Amt All Amt
Onwards
Schemes:
DSPBR Bond Fund Nil 0.00% 0.40% 0.40% 0.00% 0.40% 0.40% 0.40%
DSPBR Income Opportunities Fund Nil 0.00% 1.10% 1.10% 1.25% 2.35% 1.10% 1.10%
DSPBR Short Term Fund Nil 0.00% 0.75% 0.75% 0.00% 0.75% 0.75% 0.75%
DSPBR Strategic Bond Fund Nil 0.00% 0.75% 0.75% 0.00% 0.75% 0.75% 0.75%
DSPBR Banking and PSU Debt Fund Nil 0.00% 0.25% 0.25% 0.00% 0.25% 0.25% 0.25%
DSPBR Government Securities Fund Nil 0.00% 0.75% 0.75% 0.00% 0.75% 0.75% 0.75%
Constant Maturity 10 Year GSEC fund Nil 0.00% 0.20% 0.20% 0.00% 0.20% 0.20% 0.20%
DSPBR Money Manager Fund Nil 0.00% 0.80% 0.80% 0.00% 0.80% 0.75% 0.75%
DSPBR Liquidity Fund Nil 0.00% 0.05% 0.05% 0.00% 0.05% 0.05% 0.05%
DSPBR Ultra Short Term Fund Nil 0.00% 0.30% 0.30% 0.00% 0.30% 0.30% 0.30%
DSPBR Treasury Bill Fund Nil 0.00% 0.20% 0.20% 0.00% 0.20% 0.20% 0.20%

Exit Load
Schemes Exit Load
All Equity & DSPBR FOF's (Overseas) Holding period from date of allotment: <12 months - 1%; >=12 months - Nil

• Nil If the units redeemed or switched-out are upto 10% of the units purchased or switched-in within 12 months from the date of allotment
• Nil If units are redeemed or switched out on or after 12 months from the date of allotment
All Hybrid & DSPBR DAAF Fund
• 1% If units are redeemed or switched-out are in excess of 10% of the units purchased or switched-in within 12 months from the date of
allotment

DSPBR Tax Saver Fund Investments in DSPBR Tax Saver Fund are subject to lock-in period of 36 months from the allotment.

• Nil If the units redeemed or switched-out are upto 10% of the units purchased or switched-in within 12 months from the date of allotment
• Nil If units are redeemed or switched out on or after 12 months from the date of allotment
DSPBR Income Opportunities Fund
• 1% If units are redeemed or switched-out are in excess of 10% of the units purchased or switched-in within 12 months from the date of
allotment

DSPBR Bond Fund Holding period from date of allotment: <=12 months - 1%; >12 months - Nil

All other Fixed Income Funds Nil

Brokerage Notes

1) Brokerage rates mentioned above are applicable for all the purchases made from 1st July 2017 to 30th Sept 2017

a) Trail paid in advance (“Upfront brokerage”): The upfront brokerage payments are computed on the investment value and are paid in arrears at the end of each month (unless specified otherwise).

b) Trail brokerage: The trail amount is calculated on the basis of ‘Daily Average Assets' on the NAV. This is paid in arrears at the end of each month (unless specified otherwise).

2) Upfront brokerage and B-15 special incentive, will be subject to recovery (claw back) in accordance with following terms and conditions (including manner):

Upfront brokerage

a. The Upfront brokerage paid to a Distributor will be recovered, if the investment (on which such upfront brokerage was paid) gets redeemed before the completion of one year from the date of
investment in the respective scheme.
b. The recovery would be made on a pro-rata basis, i.e. for residual no. of days to complete the said one year.
c. Following formula will be used to compute the recoverable amount:
• For redemption before the said one year period , the recovery of the brokerage will be equal to: Upfront Brokerage Paid * (One year from the date of investment – Number of days investment
stayed) / 365.

Example:
Applicable Upfront Brokerage: 0.40%. Investment Value: Rs. 100,000. Exit load: 1%. Exit load period or defined holding period: 1 year. Redemption by the investor: At the end of 180 days.
Clawback of Brokerage will be as follows:
• Upfront brokerage paid: Rs. 400 (100,000*0.40%)
• Brokerage claw back amount: Rs. 202.74 (400*((365-180)/365))

Special Incentive (applicable on mobilization from B15 cities only).

a. If the investment is redeemed within one year from the date of subscription from the respective scheme, DSP BlackRock Investment Managers Pvt. Ltd (DSPBRIM) will claw back the entire
special incentive paid on that subscription.

3) Switches: Inter scheme switches will be treated as a normal purchase. Upfront brokerage will be paid on switches made between schemes (and not plans within the same scheme), which will be
treated like a normal purchase as mentioned above.

4) Additional B15 Inventive in Balanced Fund will be reviewed on monthly basis.

5) The brokerage structure communicated for schemes of DSP BlackRock Mutual Fund (DSPBRMF) from time-to-time is on an all-inclusive basis (gross rate), i.e. inclusive of any cess, charges,
taxes etc that may be incurred by DSP BlackRock Investment Managers Pvt. Ltd. (DSPBRIM) and / or DSPBRMF. Further, the brokerage payable would be subject to all the statutory deductions,
including income tax, etc.

6) Systematic Investment Plan (SIP)/ Systematic Transfer Plan (STP): The brokerage would be paid as the rate of commission prevalent at the time of the trigger of the SIP/STP installment and not
the as per the rate prevalent at the time of registration of the SIP/STP.

7) The proposed brokerage structure is applicable for regular plan only. NO brokerage/Commission (Upfront, Trail, Special Incentive) will be payable on Direct Plans.

8) The rules and regulations of SEBI / AMFI pertaining to brokerage payment to distributors will also be applicable for payment of the above mentioned brokerage structure. In case the brokerage
paid to the distributor is found to be in excess of limits defined by the SEBI / AMFI, DSPBRIM or DSPBRMF reserves the right to recover / adjust, such excess brokerage paid to the distributor.

9) The above brokerage structure is based on the present total expense ratio permitted by the Regulations. Any downward revision in the limits of total expense ratio by the Regulations or due to
significant increase in AUM of respective schemes or significant increase in scheme operating expenses will entail a downward change in all forms of applicable brokerage for existing assets and
business mobilized during this period.

10) DSPBRIM and DSPBRMF reserves the right to change, withdraw, and / or amend the above mentioned terms and conditions, without any prior notice.

11) DSPBRIM and DSPBRMF reserve the right to withhold / not pay upfront brokerage /trail brokerage or whatsoever brokerage on any transaction / application, at its sole discretion.

12) Brokerage payment (including trail brokerage) will be made by respective schemes of DSPBRMF and/or DSPBRIM. The clawback amount can be adjusted against any commission payments to
the distributors, whether paid/incurred by DSPBRMF or DSPBRIM.

13) The brokerage /Incentive structure mentioned hereinabove is solely payable to AMFI/NISM certified distributors of DSRBRIM. DSPBRIM and DSPBRMF shall not be responsible for any losses
incurred by anyone due to change in the brokerage structure. All distributors shall abide by the code of conduct and rules/regulations laid down by SEBI and AMFI. Also, it is specifically mentioned
that the distributor will neither pass on or rebate brokerage /incentive back to investors nor tempt them with gifts /rebate. DSPBRIM/DSPBRMF will take disciplinary action against any distributor who
is found violating the rules, regulations and code of conduct. The distributor shall disclose all commissions (upfront, trail or any other mode) payable to them for the different competing schemes of
various Mutual Funds from amongst, which the scheme is being recommended to the investor.
HSBC Asset Management Company Ltd.
T15 Brokerage Structure for Schemes of HSBC Mutual Fund (Applicable from 01 October 2017 to 31 December 2017)

Advance Annualized Trail Brokerage

Details Scheme name Exit load Year 3
Trail ᴥ § Year 1 Year 2
Onwards
HSBC Equity Fund (HEF) Nil 1.07% 1.07% 1.07%
HSBC India Opportunities Fund (HIOF) Nil 1.10% 1.10% 1.10%
HSBC Midcap Equity Fund (HMEF) Nil 1.11% 1.11% 1.11%
HSBC Infrastructure Equity Fund (HAIF) Nil 1.18% 1.18% 1.18%
HSBC Dynamic Fund (HDF) Nil 1.21% 1.21% 1.21%
HSBC Emerging Markets Fund (HEMF) Nil 0.70% 0.70% 0.70%
HSBC Brazil Fund (HBF) Nil 0.76% 0.76% 0.76%
Equity Funds NIL
HSBC Asia Pacific Dividend Yield Fund (HAPDF) Nil 0.46% 0.46% 0.46%

HSBC Global Consumer Opportunities Fund (GCOF) Nil 0.55% 0.55% 0.55%

HSBC Managed Solutions - Growth Nil 0.79% 0.79% 0.79%

HSBC Managed Solutions - Moderate Nil 0.76% 0.76% 0.76%
HSBC Managed Solutions - Conservative Nil 0.58% 0.58% 0.58%
HSBC Tax Saver Equity Fund (HTSEF) Nil 1.17% 1.17% 1.17%
Monthly Income Plan HSBC Monthly Income Plan (Savings) (HMIPS) NIL Nil 1.02% 1.02% 1.02%
HSBC Income Fund - Short Term Plan (HIF-STP) NIL Nil 0.56% 0.56% 0.56%
HSBC Flexi Debt Fund (HFDF) NIL Nil 0.74% 0.74% 0.74%
Debt & Liquid Funds HSBC Income Fund - Investment Plan (HIF-IP) NIL Nil 0.86% 0.86% 0.86%
HSBC Ultra Short Term Bond Fund (HUSTBF) NIL Nil 0.44% 0.44% 0.44%
HSBC Cash Fund (HCF) NIL Nil 0.03% 0.03% 0.03%
1. All annualized brokerage/Advance Trail indicated above is on a gross basis and is inclusive of statutory levies. The same will be paid on a
monthly basis. The payment made by MF would be subject to fulfilment of T&C as per the empanelment form and would be net off any
clawback, adjustments, refunds, etc. A GST registered distributor is required to issue a tax invoice for such payment amount.
2. ᴥ The Advance Trail / Upfront Brokerage indicated will be recovered (clawed back) on a Proportionate basis * depending upon the number of
days for which the investment has stayed invested in the fund. Number of days will be calculated from the date of investment to the date of
redemption /switch out to any other scheme or Direct Plan before the completion of one year from the date of investment.
*Proportionate Basis = (Number of days in the year less Number of days for which the investment was held) / Number of days in the year
3. § For transaction > 5 Crs, the advance trail / upfront brokerage will be paid as 1/12th portion each month for a total of 12 months period and
hence clawback is not applicable.
4. Such clawback is required to be settled between the distributor and the AMC within 30 days of the date of redemption or upon demand by the
AMC, whichever is earlier.
5. W.e.f 01-Apr-2015 SIP/STP transaction will be process basis the registration date for applicable schemes.
6. In respect of all purchases (including switch-ins) w.e.f 1 January 2013 & subsequently switched from Regular/Normal Plan (Distributor Plan) to
Direct Plan in any scheme, all upfront commissions (including additional upfront/incentive if any paid) shall be recovered/clawed back/set-off
fully or proportionately, as applicable from future brokerage payments.
7. Transaction charges will be applied on the investment amount, if you have Opted-in.
8. No Advance Trail is payable for switch transactions between plans of same schemes.
HSBC Asset Management (India) Private Limited reserves the right to change the above structure as may deem necessary. Any changes to the
above rates shall be centrally communicated to you through an email from our CAMS Brokerage Team (hsbc_brok@camsonline.com)
IDFC Mutual Fund
           

    

 
   
        
       
  
  
 
                 
           
   
                
           
   
   
                
        

                 
        

                
        

                  
         

                 
        


            
      
 
                     
                   
       
 
 
                
        
               
        
               
        
              
        
  
   
 
            

  

           

         

         
 
           

   

                   
     
             

            
   
             
   
             
     
             
      
  
   
           


     

            
        
    
 
         
   
         
    
            
  
 
                
      
   
                   
         
   

                          

         

                   
                           
     
                
                        

                               
      

                        
                              

                       
                     
            

                

                            
                           
                       

                               
                            


     

ICICI Prudential Asset Management Company Ltd.
ICICI Prudential Mutual Fund - Load and Commission on Sales Structure - Applicable for Oct- 2017
Additional payout for B
Across all cities T15 & B15
15 cities

Additional Trail (1st yr

Category Fund Name Exit Load for lumpsum purchase Clawback Period Commission on Sales Trail 1st Yr Trail 2nd yr onwards
Only)
3 Years Lock In, Nil
Equity & ELSS ICICI Prudential Long Term Equity Fund 3 Years Lock In, Nil after 3 years 0.00% 1.10% 1.10% 1.00%
after 3 years

<=1 yrs - 3%, >1 yrs &<= 2 yrs - 2%, >2yrs &
ICICI Prudential Child Care Plan - Gift 1yr 0.00% 1.10% 1.10% 1.00%
<=3yrs - 1%, >3yrs -Nil

ICICI Prudential Select Large Cap Fund <=1 Year - 1%, >1 Year - Nil 1yr 0.00% 1.10% 1.10% 1.00%
ICICI Prudential Multi Cap Fund <= 18 months - 1%, >18 months - Nil 1yr 0.75% 0.50% 0.50% 1.00%
ICICI Prudential Mid Cap Fund <=1 Year - 1%, >1 Year - Nil 1yr 0.00% 1.10% 1.10% 1.00%
ICICI Prudential Dividend Yield Equity Fund <=1 Year - 1%, >1 Year - Nil 1yr 0.00% 1.25% 0.50% 1.00%
ICICI Prudential Focused Bluechip Equity Fund <=1 Year - 1%, >1 Year - Nil 1yr 0.00% 1.15% 1.15% 1.00%
ICICI Prudential Infrastructure <=1 Year - 1%, >1 Year - Nil 1yr 0.00% 1.10% 1.10% 1.00%

ICICI Prudential Balanced <=1 Year - 1%, >1 Year - Nil 1yr 0.00% 1.10% 1.10% 1.00%

ICICI Prudential Dynamic <=1 Year - 1%, >1 Year - Nil 1yr 0.00% 1.10% 1.10% 1.00%

ICICI Prudential Value Discovery fund (1%Trail 4th Year onwards) <=1 Year - 1%, >1 Year - Nil 1yr 0.00% 1.35% 1.35% 1.00%

<= 3 months - 3%, >3 months and <= 12

ICICI Prudential US Bluechip Fund 1yr 0.00% 0.50% 0.50% 0.00%
months - 1%, >12 months - Nil

ICICI Prudential Balanced Advantage Fund <= 18 months - 1%, >18 months - Nil 1yr 0.00% 1.10% 1.10% 0.75%

ICICI Prudential Top 100 <=1 Year - 1%, >1 Year - Nil 1yr 0.00% 1.10% 1.10% 1.00%

ICICI Prudential Technology <=1 Year - 1%, >1 Year - Nil 1yr 0.00% 1.20% 1.20%
Nil
ICICI Prudential Banking & Financial Services <=1 Year - 1%, >1 Year - Nil 1yr 0.00% 1.20% 1.20%
ICICI Prudential FMCG <=1 Year - 1%, >1 Year - Nil 1yr 0.00% 1.10% 1.10% 1.50%

ICICI Prudential Equity Income Fund <=1 Year - 1%, >1 Year - Nil 1yr 0.00% 0.85% 0.85% Nil

<=3 months - 3%, >3 months &<=18 months -

ICICI Prudential Global Stable Equity 1yr 0.00% 1.05% 1.05% 1.00%
1%, >18 months - Nil
ICICI Prudential Nifty Index Fund-Retail Nil Nil 0.00% 0.40% 0.40% 0
ICICI Prudential Indo Asia Retail <=1 Year - 1%, >1 Year - Nil Nil 0.00% 0.50% 0.50% 0

ICICI Prudential Exports & Other Service Industries Fund <=1 Year - 1%, >1 Year - Nil 1yr 1.00% 0.50% 0.50% 1.50%

ICICI Prudential Nifty Next 50 Index Fund <=7 days - 0.25%, >7 Year - Nil Nil 0.00% 0.40% 0.40% 0
Additional Trail (1st yr
Category Fund Name Exit Load for lumpsum purchase Clawback Period Commission on Sales Trail 1st Yr Trail 2nd yr onwards
Only)
Fund of Funds Advisor Series - Long Term Savings Plan 0.00% 0.50% 0.30%
Nil
Advisor Series - Very Aggressive Plan <=3 Year - 1%, >3 Year - Nil 0.00% 0.50% 0.30%
Advisor Series - Moderate Plan 0.00% 0.50% 0.30% Nil
Advisor Series - Cautious Plan <=1 month - 0.25%, >1 month- Nil Nil 0.00% 0.20% 0.20%
Advisor Series -Dynamic Accrual Plan <=6 months - 0.50%, >6 months- Nil 0.00% 0.30% 0.30%

Additional Trail (1st yr

Category Fund Name Exit Load for lumpsum purchase Clawback Period Commission on Sales Trail 1st Yr Trail 2nd yr onwards
Only)

Hybrid ICICI Prudential Monthly Income Plan <=1 year - 1.00%, >1 year - Nil 1yr 0.85% 0.50% 0.50%

ICICI Prudential MIP 25 <=1 year - 1.00%, >1 year - Nil 1yr 0.75% 0.50% 0.50%
Nil
ICICI Prudential Regular Income Fund <=3 months - 0.50%, >3months - Nil 3 months 0.25% 0.75%(from 04th Month onwards) 0.50%

<=1 yrs - 3%, >1 yrs &<= 2 yrs - 2%, >2yrs &
ICICI Prudential Child Care Plan - Study 1yr 0.60% 0.50% 0.50%
<=3yrs - 1%, >3yrs -Nil

Additional Trail (1st yr

Category Fund Name Exit Load for lumpsum purchase Clawback Period Commission on Sales Trail 1st Yr Trail 2nd yr onwards
Only)
Debt Long Term ICICI Prudential Income Plan <=1 month - 0.25%, >1 month- Nil Nil 0.00% 1.30% 0.50%

ICICI Prudential Regular Savings Fund <=1 Year - 1%, >1 Year - Nil 1yr 0.00% 1.00% 1.00%

ICICI Prudential Regular Gold Savings Fund <=15 months - 2.00%, >15 Months - Nil 1yr 0.00% 0.15% 0.10%

ICICI Prudential Short Term Gilt Fund Nil Nil 0.00% 0.40% 0.40%
ICICI Prudential Long Term Gilt Fund Nil Nil 0.00% 0.75% 0.55%
ICICI Prudential Gilt Fund - Treasury Plan - PF Option Nil Nil 0.00% 0.40% 0.40% Nil

ICICI Prudential Gilt Fund - Investment Plan - PF Option Nil Nil 0.00% 0.25% 0.15%

ICICI Prudential Long Term Plan Upto 1 month - 0.25%, > 1 month - Nil Nil 0.00% 0.75% 0.60%
ICICI Prudential Dynamic Bond Fund Upto 3 month - 1%, > 3 month - Nil Nil 0.00% 0.75% 0.50%
ICICI Prudential Constant Maturity Fund Upto7 days- 0.25%, > 7 days - Nil Nil 0.00% 0.10% 0.10%

Corporate Bond Fund Plan <=1 Year - 1%, >1 Year - Nil 1yr 0.75% 0.50% 0.50%

Additional Trail (1st yr

Category Fund Name Exit Load for lumpsum purchase Clawback Period Commission on Sales Trail 1st Yr Trail 2nd yr onwards
Only)
Debt Short Term ICICI Prudential Income Opportunities Fund Upto 6 Month - 1.00%, > 6 Month - Nil Nil 0.00% 0.40% 0.25%

ICICI Prudential Short Term Plan Upto7 days- 0.25%, > 7 days - Nil Nil 0.00% 0.70% 0.70%
Nil
ICICI Prudential Banking & PSU Debt Fund Nil Nil 0.00% 0.30% 0.25%

ICICI Prudential Ultra Short Term Plan Nil Nil 0.00% 0.20% 0.20%
Additional Trail (1st yr
Category Fund Name Exit Load for lumpsum purchase Clawback Period Commission on Sales Trail 1st Yr Trail 2nd yr onwards
Only)

Arbitrage ICICI Prudential Equity - Arbitrage Fund <= 1 months - 0.25%, > 1 months - Nil Nil 0.00% 0.40% 0.30% Nil

Additional Trail (1st yr

Category Fund Name Exit Load for lumpsum purchase Clawback Period Commission on Sales Trail 1st Yr Trail 2nd yr onwards
Only)
ICICI Prudential Liquid Plan 0.000% 0.075% 0.025%

Liquid ICICI Prudential Money Market Fund 0.000% 0.025% 0.025%

Nil Nil Nil
ICICI Prudential Saving Fund 0.000% 0.750% 0.300%
ICICI Prudential Flexible Income Plan 0.000% 0.100% 0.050%
Note

SIP/STP application : Commission on Sales & trail Brokerage would be same as normal purchase application. SIP/STP registered at B15 location will get respective additional payout on per installment basis. Subject to revision on prospective basis.

For all Switches - Commission on Sales and / or Trail brokerage would be as normal purchase application (excluding switch between plans / options)

“B – 15” cities are cities other than Mumbai (including Thane & Navi Mumbai), Delhi (including NCR), Bangalore, Kolkata, Chennai, Pune, Ahmedabad, Hyderabad (including Secundrabad), Baroda, Ludhiana, Jaipur, Lucknow, Surat, Kanpur and Chandigarh
collectively referred to as “T – 15” cities. NRI business shall also considered as T 15 business

Commission on Sales is paid in advance for the entire stated period. Commission on Sales is subject to proportionate clawback incase of outflows (Redemption,Switch (inclusing between plans / Option), Sysytematic withdrawal plan) with in the stated period from
the date of investments. Stated period for all the schemes are mentioned in Clawback period.

The additional payout paid for B-15 will be completely clawed back / recovered from future brokerage payments in case the investment is redeemed / Switched Out / Systematically Transferred within 1 year from date of investment.

Terms: The transactions will be subject to terms and conditions as mentioned in the Scheme Information Document (SID) & Statement of Additional Information (SAI) and shall be binding on the distributor. The Commission mentioned hereinabove is solely payable to
AMFI/NISM certified distributors and can be changed by the AMC at its sole discretion without any prior intimation or notification. The Commission given above is inclusive of all taxes/charges/levy on these arrangements/transactions. The taxes shall be borne by the
distributor and the same shall be deducted at the time of payment of commission at the applicable rates. The AMC shall not be responsible for any losses incurred by any one due to change in the Commission structure. The Commission shall be subject to clawback
provisions, as applicable. The Distributor should abide by the code of conduct and rules/regulations laid down by SEBI and AMFI. Also, it is specifically mentioned that the Distributor will neither pass on or rebate Commission back to investors nor tempt them with
rebate/gifts. The AMC will take disciplinary action against any Distributor who is found violating the rules, regulations and Code of conduct. The AMC reserves the right to suspend the Commission payable, if it is brought to our notice that the Distributor has violated
the code of conduct and/or rules/regulations laid down by SEBI and AMFI. The Distributor shall disclose all commissions (including in the form of trail commission or any other mode) payable to them for the different competing Schemes of various Mutual Funds from
amongst which the Scheme is being recommended to the investor. The decision of AMC in all matters pertaining to the Commission will be final and binding in all respects on the Distributor. It would be deemed that the terms as stated in this communication have
been accepted by you if you mobilise business subsequent to this communication. These terms are also applicable to all live structures including to the payment of trail commission where payable and all such commission are inclusive of all
taxes/charges/levy.Further, AMC reserves right to revise trail commission in case there is change in regulation pertaining to fund related expenses.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
L&T Mutual Fund

Commission Structure for L&T Mutual Fund

(1st October 2017 to 31st December 2017) ARN-0022

Total Earnings for T15 Cities Total Earnings for B15 Cities
Name of the Fund Prepaid Commission Trail(apm)-From Day 1 B15 Incentive
In first 3 Years In first 3 Years
Equity, Balanced and Hybrid Funds
L&T India Large Cap Fund
L&T Infrastructure Fund
L&T India Value Fund
L&T Mid Cap Fund
L&T India Prudence Fund
L&T Business Cycles Fund
L&T Equity Fund 0.75%* 0.75% 3.00% 1.50% 4.50%
L&T Emerging Businesses Fund
L&T India Special Situations Fund
L&T Tax Advantage Fund
L&T Equity Savings Fund
L&T Monthly Income Plan
L&T Dynamic Equity Fund
Arbitrage Fund
L&T Arbitrage Opportunities Fund Nil 0.50% 1.50% Nil 1.50%
Debt Funds
L&T Income Opportunities Fund
L&T Resurgent India Corporate Bond Fund 0.50%** 0.50% 2.00% 0.50% 2.50%
L&T Triple Ace Bond Fund Nil 0.30% 0.90% Nil 0.90%
L&T Short Term Income Fund Nil 0.50% 1.50% Nil 1.50%
L&T Flexi Bond Fund Nil 0.70% 2.10% Nil 2.10%
L&T Gilt Fund
L&T Short Term Opportunities Fund Nil 0.50% 1.50% Nil 1.50%
L&T Banking and PSU Debt Fund
L&T Floating Rate Fund Nil 0.40% 1.20% Nil 1.20%
L&T Ultra Short Term Fund Nil 0.20% 0.60% Nil 0.60%
Liquid Funds
L&T Cash Fund Nil 0.65% 1.95% Nil 1.95%
L&T Liquid Fund Nil 0.05% 0.15% Nil 0.15%
* For investments > Rs.3 Crore, no prepaid commission will be paid. The prepaid commission indicated above would be paid out in 12 equal instalments.
** For investments > Rs.5 Crore, no prepaid commission will be paid. The prepaid commission indicated above would be paid out in 12 equal instalments.
 Commission Structure for L&T Mutual Fund – Terms and Conditions
(1st October 2017 to 31st December 2017) ARN-0022

General
a) This is further to your empanelment with L&T Investment Management Limited on behalf of L&T Mutual Fund.
b) The aforesaid structure is effective from 1st October 2017 to 31st December 2017 and will remain effective till further notice and may change at the discretion of AMC as a result of any changes in the law.
c) Prepaid Commission: L&T IM wishes to enhance the quality of service provided to its investors to improve retention of investments in its schemes. For this purpose, the AMC intends to fund the distributors
through a prepayment of commission to enable them to service their clients. The prepayment will be based on the amount invested by the customer at the rates specified in the table above to the extent it is
payable to the distributor. The distributor is entitled to keep the commission paid if the investor stays through the exit period. In the event the investment is withdrawn before completion of this period, the
proportionate commission paid which corresponds to the balance exit load period would be recovered or adjusted against other amounts payable to such distributors on account of deficiency of service.
Prepaid Commission will be calculated on a monthly basis on the amount invested by the investor. The amount payable to the distributor shall be paid in the following month.
d) Trail Commission: The Trail Commission is calculated on the basis of ‘Daily Average Assets'. The amount payable to the distributor shall be paid in the following month.
e) Commission/Incentive will be paid on switches/systematic transfer from one scheme to another scheme. However, no commission will be paid in case of change of option in the same scheme except for L&T
tax Advantage Fund.
f) If the total commission payout to the distributor for a month (including prepaid commission/Incentive) is less than Rs. 250/-, the same would be accrued and carried forward to subsequent months for payouts,
g) AMC reserves the right to change the commission structure at its sole discretion, without giving any notice.
h) The AMC reserves the right not to pay Commission/Incentive on assets mobilized through multiple / split applications from the same investor where such arrangement is made with an intention to earn
Commission/Incentive otherwise not available on the investment.
i) In accordance with the clause 4(d) of SEBI Circular No. SEBI/IMD/CIR No. 4/168230/09 dated June 30, 2009, the distributors should disclose all the commissions (in the form of trail commission or any other
mode) payable to them for the different competing schemes of various mutual funds from amongst which the scheme is being recommended to the investor. Distributors are advised to ensure compliance of
the same.
j) The rules and regulations of SEBI/AMFI pertaining to commission/incentive payment to distributors will also be applicable for payment of the commission/incentive as per the structure stated above.
k) The aforesaid commission/incentive structure is based on the present expense ratio allowed by SEBI. Any change by SEBI in the expense ratio will entail a change in the aforesaid commission structure. AMC
reserves the right to change, withdraw and / or amend, the above mentioned terms and conditions without any prior notice.
l) For change of broker code cases, payment of commission will be governed by the requirements of SEBI and / or AMFI.
m) The discharge of liability towards GST will be sole responsibility of the distributor were distributor is registered under GST and L&T Investment Management Limited (LTIM) shall have no obligation in this
behalf. However, if the distributor is not registered under GST, LTIM will deduct and discharge GST liability for the said distributor under Reverse Charge Mechanism (RCM). However, the AMC reserves the
right to deduct any other applicable statutory dues.

B-15 Incentive
a) B-15 incentive is over and above the existing commission and incentives.
b) B-15 incentive will be payable on the applications procured from residents of all the cities beyond the following 15 cities(as per Pincode Master circulated by AMFI from time to time) :
Mumbai (including Thane & Navi Mumbai), Delhi (including NCR), Bangalore, Kolkata, Chennai, Pune, Ahmedabad, Hyderabad, Baroda, Ludhiana, Jaipur, Lucknow, Surat, Kanpur and Chandigarh
c) Applications procured from Non-resident Indians will not be eligible for B-15 incentive.
d) In case the investment is redeemed (lump sum & SIP/STP) within 12 months, the entire B15 incentive paid as above shall be rec overed or adjusted against other amounts payable in accordance with
requirements of SEBI and/or AMFI.
e) Identification or tagging of a transaction as B15 transaction will be at the sole discretion of AMC and as per the guidelines and list of Pin codes issued by SEBI and/or AMFI from time to time.
f) Any claims by distributors to change the tagging will not be entertained.
g) B15 Incentive on application amounts > Rs. 25, 00,000 will be paid in 12 monthly equated instalments. However, this cap will not be applicable to L&T Tax Advantage Fund.
h) The AMC reserves the right not to pay Commission/Incentive on assets mobilized through multiple / split applications from the same investor where such arrangement is made with an intention to earn
Commission/Incentive otherwise not available on the investment.

THE DISTRIBUTOR AGREES THAT SOURCING OF FUNDS FOR L&T MUTUAL FUND SCHEME(S) AFTER RECEIPT OF THIS BROKERAGE STRUCTURE INCLUDING ABOVE REFERRED TERMS AND
CONDITIONS SHALL BE CONSTRUED AS AN AGREEMENT OF HIS/HER/ITS ACCEPTANCE TO THE TERMS AND CONDITIONS.
Tata Mutual Fund
Brokerage Structure
Applicable from 1st October 2017 to 31st December 2017
T - 15 & B - 15
Special Incentive
Scheme Name Exit Load Upfront 2nd Year
1st Year Trail (B-15)
Brokerage Onwards Trail

Equity Funds
Tata Balanced Fund 1% - 365 Days 0.00% 1.30% 1.30% 1.75%

Tata Equity Opportunities Fund 1% - 365 Days 0.00% 1.35% 1.35% 1.75%

Tata Large Cap Fund 1% - 365 Days 0.00% 1.30% 1.30% 1.75%

Tata Equity P/E Fund 1% - 365 Days 0.00% 1.30% 1.30% 1.75%

Tata Mid Cap Growth Fund 1% - 365 Days 0.00% 1.30% 1.30% 1.75%

Tata Dividend Yield Fund 1% - 365 Days 0.00% 1.30% 1.30% 1.75%

Tata Ethical Fund 1% - 365 Days 0.00% 1.30% 1.30% 1.75%

Tata Regular Savings Equity Fund 0.25% - 90 Days 0.00% 1.20% 1.20% 1.50%

Tata Banking & Financial Services Fund ($) NIL 0.00% 1.30% 1.30% 1.75%

Tata Digital India Fund ($) NIL 0.00% 1.30% 1.30% 1.75%

Tata India Consumer Fund ($) NIL 0.00% 1.30% 1.30% 1.75%

Tata India Pharma & Health Care Fund ($) NIL 0.00% 1.30% 1.30% 1.75%

Tata Resources & Energy Fund ($) NIL 0.00% 1.30% 1.30% 1.75%

Tata Infrastructure Fund ($) NIL 0.00% 1.30% 1.30% 1.75%

ELSS
Tata India Tax Saving Fund Refer SID 0.00% 1.30% 1.30% 1.75%
Index Funds
TATA Index Fund - NIFTY A 0.25% - 7 Days 0.00% 0.15% 0.15%
TATA Index Fund - SENSEX A 0.25% - 7 Days 0.00% 0.15% 0.15%
Solutions
Tata Retirement Savings Fund -PP Refer SID 0.00% 1.50% 1.50% 1.75%

Tata Retirement Savings Fund -MP Refer SID 0.00% 1.50% 1.50% 1.75%

Tata Retirement Savings Fund -CP Refer SID 0.00% 1.30% 1.30% 1.50%

Tata Young Citizens Fund Refer SID 0.00% 1.30% 1.30% 1.50%
Debt Funds
Tata Short Term Bond Fund 0.25% - 7 Days 0.00% 0.80% 0.80%

Tata Dynamic Bond Fund ($) 0.50% - 180 Days 0.00% 1.30% 1.30%

Tata Long Term Debt Fund 1.00% - 365 Days 0.00% 0.90% 0.90%

Tata Medium Term Fund 1.00% - 365 Days 0.00% 0.90% 0.90%
Gilt Funds
Tata Gilt Mid Term Fund NIL 0.00% 0.75% 0.75%

Tata Gilt Securities Fund 0.50% - 180 Days 0.00% 0.75% 0.75%

Ultra Short Funds

Tata Ultra Short Term Fund NIL 0.00% 0.15% 0.15%

Tata Corporate Bond Fund NIL 0.00% 0.70% 0.70%

Liquid Funds
Tata Money Market Fund NIL 0.00% 0.05% 0.05%

Tata Liquid Fund NIL 0.00% 0.05% 0.05%

Notes:

All trail rates are payable in apm mode. DOA stands for the Date of allotment
The above structure is applicable for any application amount (subject to Minimum application amount criteria of respective scheme)

($) Upfront brokerage is with proportionate claw back if redeemed within or up to 1 Year from the DOA.

B-15 Special Incentive is payable as one time Upfront Payment. For applications > Rs 5 Crs the B-15 Special incentive will be paid as 1/12 th portion each month for a total of 1 Year period

In case of Tata Retirement Savings Fund (all plans/options), upfront brokerage/B-15 incentive is not applicable for the Investor of Age 60 years and above. Further in case of
SIP/STPs, registered before investors attains 60 years of age, NO UPFRONT, B-15 INCENTIVE Shall be payable for installments falling due after the investor attains the age of 60
years,

Amount invested in TATA India Tax Savings Fund will remain locked in for 3 years from the date of allotment
The above structure is applicable for both Lump Sum as well as SIP/STP Transactions
 Terms & Conditions

1. Top-15 Locations (T-15) as provided by AMFI & Beyond-15 Locations (B-15) refers to all the Locations beyond the Top-15 Locations. The list of Top-15 Locations are as follows :

Ahmedabad; Bangalore; Baroda; Chandigarh; Chennai; Hyderabad; Jaipur; Kanpur; Kolkata; Lucknow; Mumbai (including Navi Mumbai & Thane); New Delhi (including NCR);
Panjim; Pune & Surat

2. Brokerage Structure for Top 15 & Beyond 15 Locations:

(a) Top 15 locations - will be offered Upfront + Trail commission as applicable.
Beyond 15 locations – would be offered Upfront + Trail commission + Special incentive for B-15 as applicable.
(b) Upfront commission is with proportionate Clawback, if redeemed within the exit load period of the scheme except "Tata Retirement Savings Fund" (TRSF) where clawback will be
applicable if redeemed before 2 Years from the date of Allotment and Select Schemes ($) where Clawback will be applicable if redeemed before 1 Year form the DOA.
(c) Special Incentive (for Beyond 15 cities) is with Complete Clawback, if redeemed within one year of allotment, except TRSF, for TRSF, clawback will be applicable if redeemed
before 2 Years from the date of Allotment.

3. The proposed brokerage structure is applicable for regular plan only. NO brokerage / Commission (Upfront, Trail, Special Incentive) will be payable on Direct Plans

4. Switches :
(a) For all switches from Direct Plan to Existing Regular Plan (Plan A) of All Schemes the distributor will be eligible for only Trail brokerage payout. No
upfront commission & special incentive for B-15 locations will be payable on such switches.This also applies for Intra Scheme Switches (From One Plan to
Another Plan of the same Scheme).

5. Trail :
(a) First year trail commission is calculated from the date of the allotment till the end of the first year of investment or till the investor stays invested in the scheme, whichever is earlier
and is calculated on pro-rata basis, by taking the average of net asset value during the period under consideration and on the outstanding units.
(b) Second year trail commission is calculated from date of completion of one year from the date of allotment till the completion of 2nd year. It is calculated on pro-rata basis, by taking
average of net asset value during the period under consideration. Second year trail commission as applicable to the scheme is paid either perpetually till the investor stays invested in
the scheme or for the specific period mentioned in the commission structure applicable to the scheme.

6. The commission rates are inclusive of all taxes, levies, statutory dues and Goods & Service tax (GST). If any tax is required to be deducted at source, the same will be deducted
from the payment of the distributors.

7. TATA AMC may change the rates/periodicity etc of commission in case of change in regulations/Load Structure/expense ratio and any other factors which have an impact on such
payments. Such Change would be applicable for remaining SIP/STP installments also.

8. Please read the latest SID and addendums carefully to confirm the scheme details.

9. Vide SEBI circular dated November 28th, 2002 and AMFI's subsequent circulars, intermediaries are not entitled to commission/incentive on their own investment. Commission/
incentive is not payable for investment made by sponsor(s) of TATA AMC.

10. In accordance with the clause 4(d) of SEBI Circular No. SEBI/IMD/CIR No. 4/168230/09 dated June 30, 2009, the distributors should disclose all the commissions (in the form of
trail commission or any other mode) payable to them for the different competing schemes of various mutual funds from amongst which the scheme is being recommended to the
investor. Distributors are advised to ensure strict compliance of the same.

11. The objective of the above structure is to reward genuine investments canvassed by distributors. Any misuse of the commission/reward structure should be discouraged and
commission of such distributors found involved in any malpractice may be withheld.

12. TATA AMC reserves the right to modify, withdraw or suspend the brokerage structure at any time.


  

  

   

  
   

   

  
   

 


 
   
 

     

     


    

     
     
     
     
   

   
    
    
     
    

    

    

     


































MFCD_2_12/17

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