Mutual Funds
Mutual Funds
In simple words, the money pooled in by a large number of investors is what makes up a Mutual Fund. This money is then managed by a professional Fund Manager, who uses his investment management skills to invest it in various financial instruments. As an investor you own units, which basically represent the portion of the fund that you hold, based on the amount invested by you. Therefore, an investor can also be known as a unit holder. The increase in value of the investments along with other incomes earned from it is then passed on to the investors / unit holders in proportion with the number of units owned after deducting applicable expenses, load and taxes.
Dhanlaxmi Bank has tied-up with the leading Mutual Funds Companies of India for offering you best investment avenues.
Want to invest in Mutual Funds ? Please apply for Mutual Funds, We will get in touch with you or contact us 044 42413000 mail to us invest@dhanbank.co.in Mutual fund investments are subject to market risk. Read the scheme related documents carefully before investing.
ApplyMF Companies
|
| The list of fund houses which we offer investment services |
| Sl. No. | Company Name |
| 1 | Aditya Birla Sun Life AMC Limited |
| 2 | Axis Asset Management Company Ltd. |
| 3 | BNP Paribas Asset Management India Private Limited |
| 4 | Canara Robeco Asset Management Company Limited |
| 5 | DSP Investment Managers Private Limited |
| 6 | Edelweiss Asset Management Limited |
| 7 | Franklin Templeton Asset Management (India) Private Limited |
| 8 | HDFC Asset Management Company Limited |
| 9 | HSBC Asset Management (India) Private Ltd. |
| 10 | ICICI Prudential Asset Management Company Limited |
| 11 | IDBI Asset Management Limited |
| 12 | IDFC Asset Management Company Limited |
| 13 | Invesco Asset Management (India) Private Limited |
| 14 | ITI Asset Management Limited |
| 15 | JM Financial Asset Management Limited |
| 16 | Kotak Mahindra Asset Management Company Limited |
| 17 | L&T Investment Management Limited |
| 18 | LIC Mutual Fund Asset Management Limited |
| 19 | Mahindra Manulife Investment Management Pvt Ltd |
| 20 | Mirae Asset Investment Managers (India) Pvt. Ltd. |
| 21 | Motilal Oswal Asset Management Company Limited |
| 22 | Nippon Life India Asset Management Limited |
| 23 | PPFAS Asset Management Pvt. Ltd. |
| 24 | Samco Asset Management Private Limited |
| 25 | SBI Funds Management Limited |
| 26 | Sundaram Asset Management Company Limited |
| 27 | Tata Asset Management Private Limited |
| 28 | Taurus Asset Management Company Limited |
| 29 | Union Asset Management Company Private Limited |
| 30 | UTI Asset Management Company Ltd |
Commission Disclosure
Being a AMFI registered Mutual Fund distributor , Bank is receiving brokerage for Mutual Fund distribution under our ARN 35323. The brokerage earned by bank varies from AMC to AMC and from Scheme to Scheme.
In accordance with the SEBI circular : SEBI/IMD/CIR No. 4/ 168230/09 and RBI guidelines on Marketing/Distribution of Mutual Funds following are the details of the commission earned by the Bank from various fund-houses, whose products are being distributed.
Commission Disclosure Details
| Scheme Type | Trail Commission |
| Equity and Equity oriented Funds | 0.2% - 1.8% |
| Hybrid Funds | 0.1% -1.5% |
| Debt Funds | 0.1% - 1.5% |
| Liquid / overnight Funds | 0.01%-0.75% |
For investors in Mutual Funds from B-30 locations, an additional commission of 0% -1.75 % will be paid by Fund Houses.
