North East Small Finance Bank Limited is an AMFI Registered Mutual Funds Distributor with ARN 266403
A mutual fund is a pool of money managed by a professional Fund Manager. It is a trust that collects money from a number of investors who share a common investment objective and invests the same in equities, bonds, money market instruments and/or other securities. And the income / gains generated from this collective investment is distributed proportionately amongst the investors after deducting applicable expenses and levies, by calculating a scheme’s “Net Asset Value” or NAV.
Benefits of Mutual funds
Before investing in a mutual fund scheme, whether through online mode or via conventional paper based mode, one must first complete the KYC process by filling up the prescribed KYC form.
Commissions On Mutual Funds
As per SEBI circular: SEBI/IMD/CIR No. 4/ 168230/09, following are the details of the comparative commission earned by North East Small Finance Bank Limited (AMFI Registered Mutual Funds Distributor) from various fund-houses, whose products are being distributed. This is on a best effort basis, rates are updated as, and when actual rates are received from AMCs.
You can refer the scheme information document (SID)/Statement of Additional Information (SAI)/Key Information Memorandum (KIM) of the respective AMCs by clicking on the following links-