POSTED BY March 18, 2011 12:57 pm COMMENTS (9)
ONI want to know if there is any disadvantage of investing in MF’s through sharekhan Vs direct investments. I mean will I accrue any extra fees to sharekhan if i invest through them against if i invest online. I can see the following commission disclosure on sharekhan site.
http://www.sharekhan.com/Downloads/MutualFunds/CommissionDisclosureNew.pdf
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Well it is not clear from the above tweets that whether the commission will be paid by AMC and if it will, then will it be adjusted against my NAV ?
Its not exactly like that, The expense ratio is adjusted from NAV, and the commissions is paid out of expense ratio!
if sharekhan is taking commission from AMC companies then wil it be adjusted in my NAV returns
Yes
Where will the AMC get the money to pay the commission to Sharekhan. Obviously from your investment amount. So you are paying Sharekhan indirectly.
dear rajat,
if u r investing online mutual funds via sharekhan ltd, do’t worry it is free of cost no charge , but other broker charging 100-200 rs. and in your link sharekhan taking commission from amc companies not from u…….ashish gupta
Indirectly i have to pay….
Hi Rajat,
Try fundsindia.com which is free and good platform for MF investment.
Regards
Atul
Hi Rajat,
As put in the pdf, they will get it from the AMCs and you dont have to pay any commission in the case of Sharekhan.
-Manickkam.