Commission disclosure
How we are paid — plainly stated.
How Dhansanchay is paid
Dhansanchay is an AMFI-registered Mutual Fund Distributor (ARN-171748). When you invest through us in the regular plan of a mutual fund scheme, the fund house (AMC) pays us a trail commission every year for as long as you stay invested. This commission is already included in the scheme's expense ratio — you do not pay it to us separately. SEBI does not permit upfront commission; all commission is paid as trail.
What the commission pays for
- A complete servicing desk — account opening, KYC, nominee, FATCA, bank, address and mobile updates, handled end to end.
- Transactions followed through — purchases, SIPs, switches and redemptions tracked until confirmed.
- SIP tracking — we check that debits happen and follow up when one is missed.
- Risk profiling, so the schemes you hold suit your situation.
- Goal mapping — linking your investments to the goals you tell us about.
- Portfolio reviews and rebalancing suggestions within mutual funds; you decide what to act on.
- Tax-harvesting opportunities flagged where applicable, and capital-gains statements for filing, for you and your tax consultant to decide on.
- Help with transmission when a family member passes away, so the family is not left to chase paperwork.
- One view of your family's holdings, in our app.
- A steady hand through greed and fear. Investor behaviour shapes long-term outcomes more than almost anything else. We stay in touch through market highs and falls, so decisions are not made in panic or excitement.
Regular plans and direct plans
- Direct plans carry no distributor commission and have a lower expense ratio.
- Regular plans include the cost of distribution, which is how we are paid.
- As an AMFI-registered Mutual Fund Distributor, we can offer only regular plans. We are not permitted to sell direct plans.
- Every regular plan has a direct plan of the same scheme. If you prefer a direct plan, you can invest directly with the fund house, or through a SEBI-registered Investment Adviser.
- We do not service direct-plan investments. They are not linked to our ARN, so we do not receive their records from the fund house or registrar.
Typical trail commission by category
Commission is disclosed as required under SEBI circular SEBI/IMD/CIR No.4/168230/09. Rates are set by each fund house, differ from scheme to scheme, and change from time to time. The table below shows typical annual trail ranges, excluding GST.
| Scheme category | Typical annual trail (excl. GST) |
|---|---|
| Equity funds — large, mid, small, flexi, multi cap and similar | 0.20% – 1.00% |
| ELSS (tax-saving) funds | 0.20% – 1.00% |
| Sectoral and thematic funds | 0.20% – 1.00% |
| Hybrid funds — aggressive, balanced advantage, multi-asset | 0.20% – 1.00% |
| Hybrid funds — conservative and equity savings | 0.30% – 1.00% |
| Solution-oriented funds (retirement, children's) | 0.20% – 1.00% |
| Arbitrage funds | 0.20% – 0.65% |
| Debt funds — short duration, corporate bond, dynamic bond, gilt and similar | 0.20% – 0.80% |
| Liquid, overnight, money market and ultra-short funds | 0.05% – 0.60% |
| Index funds and ETF fund-of-funds | 0.10% – 0.55% |
| Other fund-of-funds | 0.20% – 0.90% |
Some schemes — particularly from newer fund houses, or during a fund house's promotional period — may pay more than the typical range. Commission on Specialised Investment Funds (SIF) follows each fund house's own structure. Before you invest, we will tell you the commission for any scheme on request. Your Consolidated Account Statement (CAS) also shows the commission paid to your distributor on your holdings.
Ranges as of September 2026; reviewed periodically.
What we are — and are not
Dhansanchay is a Mutual Fund Distributor. We are not a SEBI-registered Investment Adviser. Our income from mutual fund distribution comes from the trail commission described on this page.
Questions about how we are paid: write to [email protected].