Fee Structure & Disclosures
We believe in full transparency regarding our fees and commissions. Below is a clear disclosure of our fee structure in compliance with SEBI and AMFI regulations.
1. Mutual Fund Distribution
As an AMFI Registered Mutual Fund Distributor (ARN-67890), we distribute mutual funds through NJ India Invest Pvt. Ltd.
Commission Model
- - We receive trail commissions from Asset Management Companies (AMCs) for mutual fund distribution
- - Commission rates vary by scheme and AMC (typically 0.5% - 1.5% per annum on AUM)
- - These commissions are embedded in the scheme's expense ratio and do NOT affect the NAV you receive
- - There is no direct fee charged to the investor for mutual fund transactions
Note: Investors can opt for Direct Plans (without distributor commission) through AMC websites. Regular Plans (through distributors) include distribution commissions in the expense ratio.
2. Investment Advisory Services
Investment advisory services are provided on a consultation basis.
Fee Structure
- - Initial Consultation: Complimentary (free of charge)
- - Financial Planning: Fee-based, discussed during consultation based on complexity
- - Portfolio Review: Included with advisory engagement
- - Ongoing Advisory: As per mutually agreed terms
Specific fees will be discussed and agreed upon before the engagement begins. All fees are disclosed upfront with no hidden charges.
3. Tax & Compliance Services
Chartered Accountancy services (tax filing, compliance consulting) are provided by Anil Parekh & Co.
Fee Structure
- - Income Tax Return Filing: Based on complexity and residency status
- - FEMA Compliance: Project-based fees
- - Form 15CA/15CB: Per-transaction fees
- - GST Services: Monthly/quarterly retainer or per-filing basis
Fees are communicated in advance and are in accordance with ICAI guidelines.
4. Stock Market Advisory
Stock market advisory and broking services are provided through IIFL Capital Services Ltd.
- - Brokerage and transaction charges apply as per IIFL schedule
- - Statutory charges (STT, GST, exchange fees) as applicable
- - Demat account charges as per depository norms
5. Important Disclosures
- - We may receive commissions from product manufacturers (AMCs, insurance companies) for distribution. This creates a potential conflict of interest.
- - We commit to recommending products that we believe are suitable for the client's needs, regardless of commission structure.
- - Clients are free to execute transactions directly with product providers without using our distribution services.
- - All fees and commissions are subject to applicable taxes (GST).
- - We do not accept or provide any inducements that could create a conflict with client interests.
6. Contact for Fee Queries
For detailed fee information for your specific requirements, please contact us:
Email: support@nriwealthpartners.com
Phone: +91 9974742626
We are happy to provide a detailed fee schedule before you engage our services.