India has seen certain trends in investing in the last few years. One of them is the increased acceptance and participation in mutual funds through Systematic Investment Plans (SIPs). The number of SIP mutual fund accounts in the country has been multiplying. As of June 2022, the SIP accounts stood at 5.55 crore. In the second quarter of this Calendar year alone, 59.50 lakh new SIPs were registered in the country. But what is a SIP, and why is it so popular? Let’s find out! As of June 2022, the SIP accounts stood at 5.55 crore. In the second quarter of this Calendar year alone, 59.50 lakh new SIPs were registered in the country.
1. Refers to T 30 cities in India as defined by AMFI, and commission could be higher in case of B 30 cities.
2. Are subject to change, without any prior consent and at a sole discretion and agreement between Shreya MF Services and the respective AMCs.
3. For investments subscribed into Regular/Distributor Plan which involves payment of commission to MFD. No Upfront commission is paid to/received by Shreya MF Services.
4. Details of scheme level commission on Mutual funds are available with your Wealth/Relationship Manager and would be produced on request.
5. This information is compiled on a best effort basis and rates are updated as and when they are received from AMCs.
6. Please note you can check the gross commissions earned by Shreya MF Services in any particular FY by clicking on the following link – https://www.amfiindia.com/commission-disclosure
Investments in Mutual Funds are subject to Market Risks. Read all scheme related documents carefully before investing. Mutual Fund Schemes do not assure or guarantee any returns. Past performances of any Mutual Fund Scheme may or may not be sustained in future. There is no guarantee that the investment objective of any suggested scheme shall be achieved. All existing and prospective investors are advised to check and evaluate the Exit loads and other cost structure (TER) applicable at the time of making the investment before finalizing on any investment decision for Mutual Funds schemes. We deal in Regular Plans only for Mutual Fund Schemes and earn a Trailing Commission on client investments. Disclosure For Commission earnings is made to clients at the time of investments. Option of Direct Plan for every Mutual Fund Scheme is available to investors offering advantage of lower expense ratio. We are not entitled to earn any commission on Direct plans. Hence we do not deal in Direct Plans.
No matter where you are in your journey, our team is ready to support you with simple, practical investment advice.
