Mutual Funds - Commission Structure

Transcription

1 Mutual Funds - Commission Structure October 2015 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. HDFC Asset Management Company Ltd. DSP BlackRock Asset Management Company Ltd. HSBC Asset Management Company Ltd. JP Morgan Asset Management Company Ltd. ICICI Prudential Asset Management Company Ltd. L&T Mutual Fund Tata Mutual Fund

2 Birla Sun Life Asset Management Company Ltd. Birla Sun Life Mutual Fund (BSLMF) or Birla Sun Life Asset Management Company Limited on behalf of (BSLMF) - Brokerage Structure Effective Period : 1 October 2015 till further notice of change Total Brokerage (%) = Net Brokerage + Service Tax Category Funds Clawback Period UF 1Y Trail Trail 2Y Onwards B15 Incentive Equity BSL Frontline Equity N.A BSL '95 Fund BSL Midcap BSL Tax Relief '96 Eqity and Hybrid 1 BSL Dividend Yield Plus BSL MNC BSL Top 100 N.A BSL Equity BSL Pure Value BSL Advantage BSL Dynamic Asset Allocation BSL Buy India BSL Banking and Financial Services BSL Equity Savings BSL India Opportunities BSL Infrastructure BSL Monthly Income BSL India GenNext Equity and Hybrid 2 BSL Long-Term Advantage BSL MIP BSL New Millennium N.A BSL Manufacturing Equity BSL MIP II - Wealth 25 BSL Special Situations BSL Small & Midcap BSL International Equity - Plan A and B BSL Tax Plan Equity BSL India Reforms N.A Arbitrage BSL Enhanced Arbitrage N.A Index BSL Index Fund N.A BSL Gold Fund BSL Commodity Equities Fund - Global Agri Plan, BSL Global Commodities Fund BSL 5 Star Multi Manager FoF Scheme BSL Global Real Estate Fund BSL Latin America Equity Fund FOFs BSL Active Debt Multi Manager FOF Scheme BSL Asset Allocator Multi Manager FOF Scheme, BSL Asset Allocation Fund - Aggressive, Conservative and Moderate BSL Financial Planning FoF Aggressive, Conservative and Prudent N.A Debt 1 BSL Cash Plus BSL Floating Rate Fund - Short-Term Plan BSL Savings Fund BSL Government Securities Fund - Short-Term Plan N.A Debt 2 BSL Short-Term Fund BSL Gilt Plus - Liquid Plan N.A Debt 3 BSL Treasury Optimiser Plan BSL Floating Rate Fund - Long Term Plan BSL Gilt Plus - Regular Plan N.A Debt 4A BSL Cash Manager N.A Debt 4B BSL Dynamic Bond Fund BSL MIP II - Savings 5 BSL Short-Term Opportunities Fund N.A Debt 5A BSL Income Plus BSL Gilt Plus - PF Plan BSL Government Securities Fund - Long Term Plan N.A Debt 5B BSL Medium-Term Plan N.A Corp Bond BSL Corporate Bond Fund^^ N.A

3 Notes Load Structure* Clawback_ Upfront # Clawback_B15 Special Incentive # T15 Locations B15 Terms and Conditions Please refer OD/SID/KIM/FactSheet/Addendums for updated details. Subject to proportionate clawback 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 BSLMF at its sole discretion without any prior intimation or notification. 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 the future brokerage payments. Includes Mumbai (including Thane and Navi Mumbai), Delhi (including NCR), Bengaluru, Kolkata, Chennai, Pune, Ahmedabad, Hyderabad (including Secunderabad), Baroda, Panjim, Jaipur, Lucknow, Surat, Kanpur and Chandigarh. 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. Other than T-15 Locations mentioned above. This attached brokerage structure is applicable for the period 1 April 2015 to 30 June 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 and 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 and outstation trips (excluding for training programmes) and benefits under reward and recognition/loyalty programme like Privilege Club. All Brokerages/Incentives are gross and inclusive of all statutory levies including service tax and education cess. Net amount after deducting the statutory levies will be paid to the distributor. The service tax will be deducted from the brokerage payout at the time of payment. The brokerage strucure mentioned herein is solely payable to AMFI certified and KYD complied distributors. This brokerage structure is applicable only to distributors of 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 and 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 26 June 2002 on code of conduct and SEBI regulations from time to time, including SEBI circular, dated 30 June 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.

4 Franklin Templeton Asset Management Company Ltd. Fund Type, Fund Name, Plan Distributor Remuneration Structure Period of Applicability: 1st October 2015 onwards Exit Load Applicable for T-15 & B-15 Trail- Year 1 onwards Additional Upfront for B-15 A- Equity Funds 1) Franklin India Bluechip Fund (FIBCF) 1.05% 1.75% 2) Franklin India Prima Plus (FIPP) 1.05% 1.75% 3) Franklin India Prima Fund (FIPF) 1.05% 1.75% 4) Franklin India Smaller Companies Fund (FISCF) 1.05% 1.75% 1.00% for 1 year 5) Franklin India Index Fund (FIIF) NSE Nifty Plan 0.50% Nil 6) Franklin India Flexi Cap Fund (FIFCF) 1.05% 1.75% 7) Templeton India Growth Fund (TIGF) 1.05% 1.75% 8) Templeton India Equity Income Fund (TIEIF) 1.05% 1.75% 9) Franklin India Opportunities Fund (FIOF) 1.30% 1.75% 10) Franklin Infotech Fund (FIF) 1.00% for 2 years 1.30% 1.75% 11) Franklin Build India Fund (FBIF) 1.00% for 2 years 1.30% 1.75% 12) Franklin India High Growth Companies Fund (FIHGCF) 1.00% for 2 years 1.05% 1.75% B-Section 80C Funds 1) Franklin India Taxshield (FIT) Nil 1.05% 1.75% 2) Franklin India Pension Plan (FIPEP) 3.00% if redeemed before age of 58 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 1.30% 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 2) Franklin India Income Opportunities Fund (FIIOF) 3% within 12 months, 2.00% for > 12 months & within 18 months, 1.00% > % Nil months but within 24 months. 3) Franklin India Corporate Bond Opportunities Fund (FICBOF) 3% within 12 months, 2.00% for > 12 months & within 24 months, 1.00% > % Nil months & within 36 months. 4) Franklin India Dynamic Accrual Fund (FIDA) 3% within 12 months, 2.00% for > 12 months & within 24 months, 1.00% > 24 months & within 36 months,0.50% for 0.85% Nil >36 months & within 48 months 5) Franklin India Income Builder Account (FIIBA) Plan A 0.50% for 1 year 0.85% Nil 6) Franklin India Government Securities Fund (FIGSF) Composite/PF/LT Plans 0.50% for 3 months for Composite / PF Plans, Nil for LT Plan. 0.85% Nil E- Income Funds - Short Term 1) Franklin India Savings Plus Fund (FISPF) 0.50% for 90 days 0.40% Nil 2) Franklin India Low Duration Fund (FILDF) 0.50% for 3 months 0.40% Nil 3) Franklin India Banking & PSU Debt Fund (FIBPDF) 0.50% for 6 months 0.40% 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 G- Fund of Funds 1) (a) Franklin India Life Stage Fund of Funds (FILSF) 20s Plan 1.00% for 1 year 1.35% Nil 1) (b) Franklin India Life Stage Fund of Funds (FILSF) 30s Plan 0.75% for 1 year 1.35% Nil 1) (c) Franklin India Life Stage Fund of Funds (FILSF) 40s Plan 0.75% for 1 year 1.35% Nil 1) (d) Franklin India Life Stage Fund of Funds (FILSF) 50s Plan 1.00% for 1 year 1.35% Nil 1) (e) Franklin India Life Stage Fund of Funds ( FILSF ) 50s Plus Floating Rate Plan 1.00% for 1 year 0.35% Nil 2) Franklin India Dynamic PE Ratio Fund of Funds (FIDPEF) 1.00% for 1 year 1.35% 1.25% 3) Franklin India Multi Asset Solution Fund (FIMAS) 1.00% for 3 years 1.35% 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 1.45% 1.75% 3) Franklin Asian Equity Fund (FAEF) 1.30% 1.75% ND-Special (HSBC)-ARN-0022, HSBCWEB, HSBCQN

5 Notes: The Brokerage outlined in the table above is applicable for the above mentioned period and only till the time the Distributor is empanelled with Franklin Templeton Asset Management (I) Pvt. Ltd. The above brokerage structure will also be applicable on all the assets which have completed 3 years incase of Section A. (Equity Funds) and B. (Section 80C Funds). The above brokerage structure will also be applicable on all the assets which are outside of exit load incase of Section C (Hybrid funds), D (Income funds- Long Term), E (Income funds- Short Term), G (Fund of Funds) and H (International funds). The MIS computation by Franklin Templeton s Transfer Agency will be considered to be final for the purpose of the brokerage computation. 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. Franklin Templeton Asset Management (I) Pvt. Ltd. reserves the right to change the brokerage rates applicable in the intermittent period in case of Regulatory Changes / Change in Industry practices in respect to payment of brokerage on fund. A. Applicability of T-15 and B-15 Cities for payment of Brokerages: The List of Top 15 cities is released by AMFI as per the criteria outlined in the SEBI circular no. CIR/IMD/DF/21/2012 dated September 13, In terms of the captioned circular, top 15 cities are based on Association of Mutual Funds in India (AMFI) data on AUM by Geography Consolidated Data for Mutual Fund Industry. The Top 15 (T-15) cities as of June 2014 are Ahmedabad, Bangalore, Baroda, Chandigarh, Chennai, Hyderabad, Jaipur, Kanpur, Kolkata, Lucknow, Mumbai (including Thane & Navi Mumbai), New Delhi (including NCR), Panjim, Pune and Surat. Cities beyond T-15 are classified as Beyond Top 15 (B -15) cities. NRI & other eligible Foreign Investor Investments business shall also be considered as T -15 business. Additional upfront / trail brokerage offered on investments from B15 cities will not be applicable to investments from T15 cities, NRIs and Foreign Institutional Investors. B. Recovery of Upfront Brokerage Paid: 1. The Upfront Brokerage paid to a Distributor will be recovered from the Distributor, if the investment for which such upfront brokerage 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. The basis for the same is outlined below - 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. - 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. - Recovery of the brokerage will be equal to Upfront Brokerage 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 brokerage 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 brokerage. If the investor redeems this money exactly after completion of 180 days the recovery will be Rs , computed as ((750 * ( ))/365 as per the above formula. 2. For Additional Brokerage Structure applicable for investments Beyond Top 15 Cities, full recovery of the additional brokerage 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 will be made from the Brokerage payable to the Distributor for the month in which redemption has been made. In case the Brokerage payable to the Distributor is insufficient to cover the Recovery amount, we will continue to recover from the brokerage 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. Brokerage payable on Switches Upfront brokerage will be paid on switches done from one Equity Fund to another Equity Fund only on completion of three years from the date of initial investment. In case an investor switches out money from a fund before the exit load Period, it will be considered as redemption and the upfront brokerage so paid will be recovered in lines of Para B above. The switch-in will be considered as a fresh purchase, and the upfront brokerage payable on the switch-in fund will be paid in entirety to the distributor. D. Statutory / AMFI Driven Regulations 1) The commission structure communicated by the AMC from time to time is all inclusive i.e. inclusive of any cess, charges, taxes, etc. that may be applicable to the Distributor and eligible for all the statutory deductions, including Income Tax, Service Tax, etc. The Distribution Remuneration Structure (Distribution commission) mentioned in this document comprises of 1) commission payable to the distributor and (2) service tax payable thereon by the AMC/Fund under reverse charge mechanism. The distributor commission would be computed as under : Indicative base commission as per (rate chart/ annexure) X (Computed at the rates in the chart) Less: amount computed on the above which is equal to [X * service tax rate/ (100 + service tax Y rate)] Commission payable as per agreed contractual terms Z= X-Y The AMC/Trustee/Fund reserves the right to deduct appropriate statutory deductions. 2) Investments in Franklin India Taxshield and Templeton India Pension Plan are currently eligible for deduction under Section 80C of the Income Tax Act, Investors should be requested to consult their tax advisor in this matter. 3) 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. 4) The above brokerage 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 above brokerage structure. 5) 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. Ple ase contact your Franklin Templeton Relationship Manager for further details. 6) The distributors 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. 7) As per the guidelines issued by SEBI (SEBI/IMD/CIR No.4/168230/09 dated June 30, 2009) the upfront commission will be paid by the investor directly to his Distributor / Advisor 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. 8) In terms of SEBI / AMFI circulars / guidelines, the Channel Partners shall submit to FTMF all account opening and transaction documentation including Know Your Client, Power of Attorney (PoA), Account Opening Form, etc. in respect of investors / transactions through Channel Partners. Further, the payment of commission shall be made depending on the documentation completion status. 9) SEBI has communicated to all mutual funds / AMCs that any sales, marketing, promotional or other literature / material about the fund house products prepared by its distributors need to adhere and comply with the guidelines issued by SEBI with respect to the advertisement by Mutual Funds. It has further advised the AMCs to take suitable steps for put in place a mechanism for proactive oversight in this regard. As a distributor of the schemes of FTMF you may be issuing sales, marketing, promotional or any other literatures / material (such as leaflets, posters, banners, ers etc.) to your clients, as a means of communicating the features or performance of our offerings / AMC. In view of the aforesaid communication from SEBI, you are advised to ensure that any such literature / material prepared or issued by you complies with the said SEBI guidelines. In this regard, as required by SEBI, Franklin Templeton may specify certain guidelines / process as means of proactive oversight on the literature / material issued by the distributors which may include pre-clearance of such literature / material or periodical / random review of all or any specific literature / material issued or proposed to be issued by you. In the interim, you are further advised to obtain a prior clearance from Franklin Templeton on any such sales, marketing, promotional or other literature / material proposed to be issued by you. 10) 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. 11) AMFI has vide circular dated August 27, 2010 introduced Know Your Distributor (KYD) norms for Mutual Fund Distributors with effect from September 1, 2010, which is similar to Know Your Client (KYC) norms for investors, requiring the distributors to submit identity proof, address, PAN and bank account details with proof. KYD norms are applicable for fresh ARN registrations and ARN renewals effective

6 September 1, The existing ARN holders are required to comply with these norms by March 31, 2011, failing which AMCs have been mandated to suspend payment of commission till the distributors comply with the requirements. All the Distributors / Advisors are encouraged to complete the KYD requirements at the earliest. The KYD Forms and Process Note are available on AMFI website and our website ND-Special (HSBC)-ARN-0022, HSBCWEB, HSBCQN

7 HDFC Asset Management Company Ltd. ARN-0022 Hongkong & Shanghai Banking Corporation Ltd % % % Upfront % % Trail % -APM Trail % A B C=(A+B) D E=(C+D) Scheme Name Category Exit Load Clawback Trail Paid Trail Yr 1 Period Period in advance T-15 and B-15 Additional Payout B-15 cities B-15 Cities Yr 2 and 3 Yr 4 1 st Year # $ Total 1 st Year EQUITY ORIENTED SCHEMES HDFC Equity Fund, HDFC Midcap Opportunities Fund, HDFC Premier Multicap Fund, HDFC Large Cap Fund, HDFC Top 200 Fund, HDFC Equity Infrastructure Fund,HDFC Capital Builder 12 Months 12 Months Fund, HDFC Core and Satellite Fund, HDFC Growth Fund, HDFC Small and Midcap Fund HDFC Prudence Fund Balanced 12 Months 12 Months HDFC Balanced Fund Balanced 12 Months 12 Months HDFC Children Gift Fund Investment Plan (Equity) HDFC Children Gift Fund -Investment Plan (Equity) - Lock In Balanced 3 Years 12 Months Balanced 3 Years 12 Months HDFC Children Gift Fund Savings Plan (Equity) HDFC Children Gift Fund -Savings Plan (Equity) - Lock In Balanced 3 Years 12 Months Balanced Refer SID N.A HDFC Tax Saver Fund ELSS 3 Years (Lock In) N.A HDFC Long-Term Advantage Fund ELSS 3 Years (Lock In) N.A HDFC Index Fund Nifty Plan Index 3 Months N.A HDFC Index Fund Sensex Plan Index 1 Month N.A HDFC Index Fund Sensex Plus Plan Index 1 Month N.A HDFC Arbitrage Fund Arbitrage 1 Month N.A DEBT ORIENTED SCHEMES HDFC Monthly Income Plan Short-Term Plan Hybrid Debt Oriented 12 Months 12 Months HDFC Monthly Income Fund Long-Term Plan Hybrid Debt Oriented 12 Months 12 Months HDFC Multiple Yield Fund Hybrid Debt Oriented 12 Months 12 Months HDFC Multiple Yield Fund Plan 2005 Hybrid Debt Oriented 15 Months 12 Months HDFC Income Fund Income 6 Months 6 Months HDFC High Interest Fund Dynamic Plan Income 6 Months 6 Months HDFC Short-Term Plan Short-Term 12 Months 12 Months HDFC High Interest Fund STP Short-Term 1Month N.A HDFC Short-Term Opportunities Fund Short-Term 1 Month N.A HDFC Medium-Term Opportunities Fund Short-Term 12 Months N.A HDFC Floating Rate Income Fund Long-Term Plan HDFC Corporate Debt Opportunities Fund Short-Term 3 Months N.A Short-Term 36 Months 12 Months HDFC Gilt Fund Short-Term Plan Gilt Nil N.A HDFC Gilt Fund Long-Term Plan Gilt Nil N.A HDFC Inflation Indexed Bond Fund (erstwhile Morgan Stanley Gilt Fund) Gilt Nil N.A HDFC Liquid Fund Liquid Nil N.A HDFC Cash Management Fund Savings Liquid Nil N.A Plan HDFC Cash Management Fund Call Plan Liquid Nil N.A HDFC Floating Rate Income Fund Short-Term Plan Ultra Short Term Nil N.A HDFC Cash Management Fund Treasury Advantage Plan Ultra Short Term Nil N.A HDFC PSU and Banking Debt Fund Ultra Short Term Nil N.A HDFC Dynamic PE Ratio Fund of Funds (erstwhile Morgan Stanley Multi Asset Plan A and B) Multi Asset FOF 12 Months N.A HDFC Gold Fund Gold FOF 12 Months NA

8 Scheme Name Category Exit Clawback Trail paid Trail Yr 1 Load Period in advance Period T-15 & B- 15 Additional Payout B-15 cities B-15 Cities Yr 2 & 3 Yr 4 1 st Year # $ Total 1 st Year 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 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/clawback/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 Ahmedabad, Bengaluru, Chandigarh, Chennai, Delhi (including NCR), Hyderabad, Jaipur, Kolkata, Kanpur, Lucknow, Mumbai (including Thane and Navi Mumbai), Panjim, Pune, Surat and 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 #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 1 January 2013 from Regular Plan (Distributor Plan) to Direct Plan in any scheme, all upfront commissions (including additional upfront/trail payable in advance/incentive, if any) paid shall be recovered/clawed back/set off fully/proportionately from 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 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 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 30 June 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.

9 Brokerage Period: From 1st Oct 2015 To 31st Dec 2015 Distributor: DSP BlackRock Asset Management Company Ltd. Transaction Types: Type of Brokerage Lump Sum Purchases; Switch Ins, SIP/STP Upfront (Trial Paid in advance) DSP BlackRock Mutual Fund Trail Year 1 Total Payout Year 1 Clawback Location T15 and B15 T15 and B15 T15 Transaction Limit (`) All Amt All Amt Additional B15 Incentive Equity DSPBR Top 100 Equity Fund Nil 0.00% 1.25% 1.25% 2.00% 3.25% 1.25% 1.25% DSPBR Equity Fund Nil 0.00% 1.25% 1.25% 2.00% 3.25% 1.25% 1.25% DSPBR Small and Midcap Fund Nil 0.00% 1.25% 1.25% 2.00% 3.25% 1.25% 1.25% DSPBR India TIGER Fund Nil 0.00% 1.25% 1.25% 2.00% 3.25% 1.25% 1.25% DSPBR Micro Cap Fund Nil 0.00% 1.25% 1.25% 2.00% 3.25% 1.25% 1.25% DSPBR Focus 25 Fund Nil 0.00% 1.50% 1.50% 0.00% 1.50% 1.50% 1.50% DSPBR Opportunities Fund Nil 0.00% 1.40% 1.40% 2.00% 3.40% 1.40% 1.40% DSPBR NRNE Fund Nil 0.00% 1.40% 1.40% 2.00% 3.40% 1.40% 1.40% DSPBR Technology.com Fund Nil 0.00% 1.40% 1.40% 2.00% 3.40% 1.40% 1.40% ELSS DSPBR Tax Saver Fund Nil 0.25% 1.40% 1.65% 2.00% 3.65% 1.40% 1.40% Hybrid DSPBR Balanced Fund Nil 0.00% 1.40% 1.40% 1.25% 2.65% 1.40% 1.40% DSPBR MIP Fund Nil 0.00% 1.30% 1.30% 2.00% 3.30% 1.30% 1.30% International FOF DSPBR Global Allocation Fund Nil 0.00% 1.10% 1.10% 1.00% 2.10% 1.10% 1.10% DSPBR US Flexible Equity Fund Nil 0.00% 1.10% 1.10% 1.00% 2.10% 1.10% 1.10% DSPBR World Agriculture Fund Nil 0.00% 1.10% 1.10% 1.00% 2.10% 1.10% 1.10% DSPBR World Gold Fund Nil 0.00% 1.10% 1.10% 1.00% 2.10% 1.10% 1.10% DSPBR World Mining Fund Nil 0.00% 1.10% 1.10% 1.00% 2.10% 1.10% 1.10% DSPBR World Energy Fund Nil 0.00% 1.10% 1.10% 0.50% 1.60% 1.10% 1.10% Domestic FOF DSPBR Dynamic Asset Allocation Fund Nil 0.00% 1.50% 1.50% 1.75% 3.25% 1.50% 1.50% All Amt Total Payout Year 1 - B15 Year 2 Trail Brokerage for : T15 and B 15 Year 3 & Onwards Type of Brokerage Upfront (Trial Paid in advance) Trail Year 1 Total Payout Year 1 Clawback Location T15 and B15 T15 and B15 T15 Transaction Limit (`) All Amt All Amt All Amt Additional B15 Incentive Trail Brokerage for : T15 and B 15 Year 3 and Onwards Schemes: DSPBR Bond Fund Nil 0.00% 1.25% 1.25% 2.00% 3.25% 1.25% 1.25% DSPBR Income Opportunities Fund Nil 0.00% 1.10% 1.10% 1.50% 2.60% 1.10% 1.10% 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% 0.50% 0.50% 0.00% 0.50% 0.50% 0.50% 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% 0.75% 0.75% 0.00% 0.75% 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% 0.25% 0.25% 0.00% 0.25% 0.25% 0.25% Upfront Total (Trial Paid Trail Year 1 Type of Brokerage Payout in Advance) for T15 and B15 Additional Year 1 Total Payout Clawback B15 Year 1 - B15 Location T15 & B Months 4-12 Months T15 Incentive Transaction Limit (`) All Amt All Amt All Amt All Amt DSPBR Short-Term Fund Nil 0.00% 0.85% 0.85% 0.85% 0.00% 0.85% 0.85% Total Payout Year 1 - B15 Year 2 Trail Brokerage for : T15 and B 15 Year 2 and Onwards PRET

10 Exit Load Schemes All Equity, Hybrid Funds, DSPBR FOF's (Overseas) and DSPBR DAAF DSPBR Tax Saver Fund DSPBR Short-Term Fund DSPBR Strategic Bond Fund, DSPBR Government Securities Fund and Constant Maturity 10 Year Gsec Fund DSPBR Income Opportunities Fund DSPBR Bond Fund DSPBR Banking and PSU Debt Fund All other Fixed Income Funds Exit Load Holding period from date of allotment: <12 months - 1%; >=12 months - Nil Investments in DSPBR Tax Saver Fund are subject to lock-in period of 36 months from the allotment Holding period from date of allotment: <= 3 months %; > 3 months - Nil Holding period from date of allotment: < = 7 calendar days - 0.1%; > 7 calendar days - Nil Holding period from date of allotment: <=12 months - 1%, > 12 Months - Nil Holding period from date of allotment: <=12 months - 1%; >12 months - Nil Holding period from date of allotment: <=1 months %; >1 months - Nil Nil PRET

11 ******************************************************************************** 1) Brokerage rates mentioned above are applicable for all the purchases made from 1 October 2015 to 31 December 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 (clawback) in accordance with following terms and conditions (including manner): Upfront brokerage a. The Upfront brokerage paid to a Distributor will be recovered from the Distributor, if the investment (for which such upfront brokerage was paid) gets redeemed before the completion of the one year from the date on investment in the respective scheme. b. The recovery would be made on a pro-rata basis, i.e. for residual number 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: `100,000. Exit load: 1%. Exit load period or defined holding period: 1 year. Redemption by the investor: At the end of 180 days. Brokerage claw back will be as follows: Upfront brokerage paid: `400 (100,000*0.40%) Brokerage claw back amount: ` (400*(( )/365)) Special Incentive (applicable on mobilisation 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) The brokerage structure communicated by DSP BlackRock Investment Managers Pvt. Ltd (DSPBRIM) from time-to-time is on an all-inclusive basis (gross rate), i.e. inclusive of any cess, charges, service tax, etc. that may be incurred by DSPBRIM. Further, the brokerage payable would be subject to all the statutory deductions, including income tax, etc. 5) 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 instalment and not the as per the rate prevalent at the time of registration of the SIP/STP. 6) The proposed brokerage structure is applicable for regular plan only. NO brokerage/commission (Upfront, Trail, Special Incentive) will be payable on Direct Plans. 7) 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 DSP BlackRock Mutual Fund reserves the right to recover/ adjust, such excess brokerage paid to the distributor.

12 8) 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 mobilised during this period. 9) DSP BlackRock Investment Managers Pvt. Ltd. (DSPBRIM) reserves the right to change, withdraw, and/or amend the above mentioned terms and conditions, without any prior notice. 10) DSPBRIM reserves the right to withhold/not pay upfront brokerage/trail brokerage or whatsoever brokerage on any transaction/application, at its sole discretion. 11) Brokerage payment (including trail brokerage) will be made by the respective schemes of DSP BlackRock Mutual Fund and/or DSP BlackRock Investment Managers Pvt. Ltd. 12) The brokerage/incentive structure mentioned hereinabove is solely payable to AMFI/NISM certified distributors of DSP BlackRock Investment Managers Pvt. Ltd (DSRBRIM). DSPBRIM 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 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.

13 HSBC Asset Management Company Ltd. Schemes HSBC Equity Fund (HEF) HSBC India Opportunities Fund (HIOF) HSBC Midcap Equity Fund (HMEF) HSBC Progressive Themes Fund (HAIF) HSBC Dynamic Fund (HDF) HSBC Dividend Yield Equity Fund (HUOF) HSBC Emerging Markets Fund (HEMF) HSBC Brazil Fund (HBF) HSBC Asia Pacific Dividend Yield Fund (HAPDF) HSBC Global Consumer Opportunities Fund (GCOF) HSBC Managed Solutions - Growth HSBC Managed Solutions - Moderate HSBC Managed Solutions - Conservative HSBC Tax Saver Equity Fund (HTSEF) HSBC Monthly Income Plan (Regular) (HMIPR) HSBC Monthly Income Plan (Savings) (HMIPS) HSBC Income Fund - Short-Term Plan (HIF-STP) HSBC Flexi Debt Fund (HFDF) HSBC Income Fund - Investment Plan (HIF-IP) HSBC Floating Rate Fund - Long-Term Plan (HFRF-LTP) HSBC Ultra Short-Term Bond Fund (HUSTBF) HSBC Cash Fund (HCF) HSBC Gilt Fund (HGF) HSBC Capital Protection Oriented Fund Series II - Plan I HSBC Capital Protection Oriented Fund Series II - Plan II HSBC FTS-91 (Rollover) HSBC FTS-94 (Rollover) HSBC FTS-95 (Rollover) HSBC FTS-96 (Rollover) HSBC FTS-98 (Rollover) HSBC FTS-105 (Rollover) HSBC FTS-107 (Rollover) HSBC FTS-109 (Rollover) Brokerage (annualised trail) 1.03% 1.06% 1.09% 1.15% 1.18% 1.01% 0.74% 0.80% 0.70% 0.70% 0.94% 0.92% 0.63% 1.13% 0.99% 1.01% 0.55% 0.73% 0.86% 0.31% 0.43% 0.05% 0.36% 0.46% 0.38% 0.20% 0.21% 0.21% 0.21% 0.21% 0.21% 0.21% 0.21% All annuali ed 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. W.e.f applicable rate of ervice ax is 14%. The brokerage commission rates shall be inclusive of Service Tax and other relevant statutory/regulatory levies as applicable. 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 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. W.e.f SIP/STP transaction will be process bas the registration date for applicable schemes. ** The name HSBC Progressive Themes Fund (HAIF) will be changed to HSBC Infrastructure Equity Fund (HIEF) effective 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. Transaction charges will be applied on the investment amount, if you have pted-in. No Advance Trail is payable for switch transactions between one equity scheme to another 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 e mail from our Distributor Helpdesk Team (ddesk@hsbc.co.in) or CAMS Brokerage Team (hsbc_brok@camsonline.com)

14 JP Morgan Asset Management Company Ltd. ARN-0022 HSBC BROKERAGE STRUCTURE APPLICABLE FOR OCTOBER-DECEMBER 2015 A. EQUITY SCHEMES Scheme Name Application Upfront Trail * Size Fees JPMorgan India Equity Fund NA Nil 1.50% (Day 1 onwards) JPMorgan India Mid & Small Cap Fund NA Nil 1.50% (Day 1 onwards) JPMorgan India Tax Advantage Fund NA Nil 1.75% (Day 1 onwards) JPMorgan India Top 100 Fund NA Nil 1.50% (Day 1 onwards) JPMorgan India Equity Income Fund NA Nil 0.75% (Day 1 onwards) JPMorgan India Economic Resurgence Fund NA Nil 1.50% (Day 1 onwards) JPMorgan India Balanced Advantage Fund NA Nil 1.50% (Day 1 onwards) JPMorgan Greater China Equity Off-shore Equity Fund NA Nil 1.50% (Day 1 onwards) JPMorgan ASEAN Equity Off-shore Equity Fund NA Nil 1.50% (Day 1 onwards) JPMorgan US Value Equity Off-shore Equity Fund NA Nil 1.50% (Day 1 onwards) JPMorgan Europe Dynamic Offshore Equity Fund NA Nil 1.50% (Day 1 onwards) JPMorgan Emerging Markets Opportunities Equity Offshore Fund NA Nil 1.50% (Day 1 onwards) * Trail Payout is applicable from the time of Investment and is on an annuali ed basis (p.a.) * Trail Payout is ayable on a monthly basis B. FIXED INCOME SCHEMES Scheme Name Application Upfront Trail * Size Fees JPMorgan India Liquid Fund - Super Institutional Plan NA Nil 0.10% (Day 1 onwards) JPMorgan India Treasury Fund - Super Institutional Plan NA Nil 0.15% (Day 1 onwards) JPMorgan India Active Bond Fund NA Nil 1.00% (Day 1 onwards) JPMorgan India Short Term Income Fund NA Nil 0.65% (Day 1 onwards) JPMorgan India Banking & PSU Debt Fund NA Nil 0.30% ( Day 1 onwards) JPMorgan India Corporate Debt Opportunities Fund NA Nil 0.50% (Day 1 onwards) JPMorgan India Government Securities Fund NA Nil 0.75% (Day 1 onwards) * Trail Payout is applicable from the time of Investment and is on an annuali ed basis (p.a.) * Trail Payout is ayable on a monthly basis Note : JPMAM reserves the right to change the brokerage structure at any time without any prior intimation The above mentioned brokerage structure supersedes all our previous communications on brokerage structure 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. No upfront payable for switches from equity to equity schemes irrespective of the exit load period of the scheme, only trail will be payable. Please note the payment of brokerage is inclusive of all taxes.

15 ICICI Prudential Asset Management Company Ltd. ICICI Prudential Mutual Fund - Load and Commission on Sales Structure - Applicable from November 2015 onwards Across all cities T15 & B15 Additional payout for B 15 cities Category Fund Name Exit Load for lumpsum purchase Clawback Period Commission on Sales Trail 1st Yr Trail 2nd yr onwards Additional Trail (1st yr Only) Debt Short Term ICICI Prudential Ultra Short Term Plan Nil Nil 0.00% 0.20% 0.20% Nil ICICI Prudential Mutual Fund - Load and Commission on Sales Structure - Applicable from October 2015 onwards Across all cities T15 & B15 Additional payout for B 15 cities Category Fund Name Exit Load for lumpsum purchase Clawback Period Commission on Sales Trail 1st Yr Trail 2nd yr onwards Additional Trail (1st yr Only) Equity & ELSS ICICI Prudential Long Term Equity Fund 3 Years Lock In, Nil after 3 years 1yr 0.00% 1.10% 1.10% 1.00% ICICI Prudential Child Care Plan - Gift <=1 yrs - 3%, >1 yrs &<= 2 yrs - 2%, >2yrs & <=3yrs - 1%, >3yrs -Nil 1yr 0.00% 1.10% 1.10% 1.00% 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% 0.00% 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% 1.10% 1.10% 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 Year - 1%, >1 Year - Nil 1yr 0.00% 1.15% 1.15% 1.00% ICICI Prudential US Bluechip Fund <= 3 months - 3%, >3 months and <= 12 months - 1%, >12 months - Nil 1yr 0.00% 1.10% 1.10% 1.00% 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% 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% ICICI Prudential Equity Income Fund <=1 Year - 1%, >1 Year - Nil 1yr 0.00% 0.85% 0.85% Nil ICICI Prudential Global Stable Equity <=3 months - 3%, >3 months &<=18 months - 1%, >18 months - Nil 1yr 0.00% 1.05% 1.05% 1.00% ICICI Prudential Index Fund-Retail Nil Nil 0.00% 0.40% 0.40% 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% ICICI Prudential Nifty Junior Index Fund <=7 days %, >7 Year - Nil Nil 0.00% 0.40% 0.40% Category Fund Name Exit Load for lumpsum purchase Clawback Period Commission on Sales Trail 1st Yr Trail 2nd yr onwards Additional Trail (1st yr Only) Fund of Funds Advisor Series - Long Term Savings Plan Nil 0.00% 0.50% 0.30% 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% Advisor Series - Cautious Plan Nil 0.00% 0.50% 0.30% Advisor Series -Dynamic Accrual Plan Nil 0.00% 0.30% 0.30% Nil Category Fund Name Exit Load for lumpsum purchase Clawback Period Commission on Sales Trail 1st Yr Trail 2nd yr onwards Additional Trail (1st yr Only) Hybrid ICICI Prudential Monthly Income Plan <=1 year %, >1 year - Nil 1yr 0.90% 0.50% 0.50% ICICI Prudential MIP 25 <=3 years - 1%, >3 years - Nil 1yr 0.90% 0.50% 0.50% ICICI Prudential Regular Income Fund <=1 year %, >1 year - Nil 1yr 0.75% 0.50% 0.50% Nil ICICI Prudential Child Care Plan - Study <=1 yrs - 3%, >1 yrs &<= 2 yrs - 2%, >2yrs & <=3yrs - 1%, >3yrs -Nil 1yr 0.75% 0.50% 0.50% Category Fund Name Exit Load for lumpsum purchase Clawback Period Commission on Sales Trail 1st Yr Trail 2nd yr onwards Additional Trail (1st yr Only) Debt Long Term ICICI Prudential Income Plan Upto 1year %, > 1year - Nil 1yr 1.00% 0.50% 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 %, >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% 1.00% 0.55% ICICI Prudential Gilt Fund - Treasury Plan - PF Option Upto 6 Months from allotment % of applicable NAV, more than 6 Months - 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 %, > 1 month - Nil Nil 0.00% 0.75% 0.60% ICICI Prudential Dynamic Bond Fund Nil Nil 0.00% 0.75% 0.50% ICICI Prudential Constant Maturity Fund Upto7 days- 0.25%, > 7 days - Nil Nil 0.00% 0.25% 0.25% Corporate Bond Fund Plan <=1 Year - 1%, >1 Year - Nil 1yr 0.75% 0.50% 0.50% Category Fund Name Exit Load for lumpsum purchase Clawback Period Commission on Sales Trail 1st Yr Trail 2nd yr onwards Additional Trail (1st yr Only) Debt Short Term ICICI Prudential Income Opportunities Fund Upto 6 Month %, > 6 Month - Nil Nil 0.00% 0.40% 0.25% ICICI Prudential Short Term Plan Nil Nil 0.00% 0.70% 0.70% ICICI Prudential Banking & PSU Debt Fund Nil Nil 0.00% 0.30% 0.25% ICICI Prudential Ultra Short Term Plan Nil Nil 0.00% 0.25% 0.20% Nil Category Fund Name Exit Load for lumpsum purchase Clawback Period Commission on Sales Trail 1st Yr Trail 2nd yr onwards Additional Trail (1st yr Only) Arbitrage ICICI Prudential Equity - Arbitrage Fund <= 1 months %, > 1 months - Nil Nil 0.00% 0.50% 0.30% Nil Category Fund Name Exit Load for lumpsum purchase Clawback Period Commission on Sales Trail 1st Yr Trail 2nd yr onwards Additional Trail (1st yr Only) ICICI Prudential Liquid Plan 0.000% 0.025% 0.025% Liquid ICICI Prudential Money Market Fund Nil Nil 0.000% 0.025% 0.025% Nil ICICI Prudential Saving Fund 0.000% 0.750% 0.300% ICICI Prudential Flexible Income Plan 0.000% 0.100% 0.050%