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Disclosure

Commissions

In accordance with the extant regulations (SEBI circular: SEBI/IMD/CIR No. 4/ 168230/09 and RBI guidelines on Marketing / Distribution of Mutual Fund / Insurance etc., dated November 16,2009.) following are the details of the comparative commission earned by the Bank from various fund-houses, whose products are being distributed:

Commission Disclosure (September 2016)

City Category

T-15 Cities

B-15 Cities

Fund Schemes

Upfront Brokerage

Trail year 1

Upfront Brokerage

Trail year 1

Equity Schemes
Diversified 0% to 1.00% 0% to 1.00% 0% to 2.00% 0% to 1.00%
ELSS 0% to 1.00% 0% to 1.50% 0% to 2.35% 0% to 1.50%
FOF 0% to 0.75% 0% to 0.65% 0% to 2.00% 0% to 0.65%
Global Funds 0% to 1.00% 0% to 0.75% 0% to 2.25% 0% to 0.75%
Index Funds 0.25% 0% to 0.50% 0.25% 0% to 0.50%
Sector Funds 0% to 1.00% 0% to 0.85% 0% to 2.35% 0% to 0.85%
Specialty Funds 0% to 1.00% 0% to 1.00% 0% to 2.75% 0% to 1.00%

Hybrid Schemes
MIP 0% to 1.00% 0% to 1.00% 0% to 2.50% 0% to 1.00%
Balanced 0% to 1.00% 0% to 1.25% 0% to 2.75% 0% to 1.25%
Arbitrage 0% to 0.25% 0% to 0.50% 0% to 0.25% 0% to 0.50%

Debt -Long Term
Income 0% to 1.00% 0% to 0.75% 0% to 2.75% 0% to 0.75%
Gilt 0% to 0.45% 0% to 1.00% 0% to 0.45% 0% to 1.00%
Floating Rate Fund 0% to 0.00% 0% to 0.05% 0% to 0.00% 0% to 0.05%

Debt -Long Term
Short Term Fund 0% to 0.25% 0% to 0.50% 0% to 0.25% 0% to 0.05%
Liquid Fund 0% to 0.00% 0% to 0.05% 0% to 0.00% 0% to 0.05%

The above mentioned rates are subject to change without any prior consent and at a discretion and agreement between Doha Bank and the respective AMCs.

Mutual Funds Important Information

  • Mutual Fund investments are subject to market risk. Please read the offer document carefully before investing. Please also take note of risks highlighted about the product in the offer document and due caution should be exercised (including if necessary, obtaining of advise of tax/ legal/ accounting/ financial/ other professionals) prior to taking any decision, acting or omitting, to act on the basis of the information contained therein.
  • Doha Bank is acting merely as a distributor of third parties for mutual funds and any investment in such third party products/services shall constitute a contract between the investor and the third party. Doha Bank shall not be liable or responsible for any loss resulting from third party’s products/services. The products, services and benefits referred to herein are subject to the terms and conditions governing them as specified by Doha Bank / third party from time to time.
  • Doha Bank is distributor of Mutual funds, the transactions are done on “Execution only” basis unless otherwise agreed between Doha Bank and customer.
  • Please note that in respect of purchase of units of mutual fund schemes (other than liquid schemes), the closing NAV of the day on which the funds are available for utilisation shall be applicable for application amount equal to or more than Rs 2 Lacs , irrespective of the time of receipt of such application. In case of other investment also Investors should note that they will receive NAV of the day when application form reaches registrar/ AMC.
  • Investor shall be responsible to ensure that the mutual fund application form is complete and all details as required are duly filled in. Doha Bank is not liable for any consequence in case any of the particulars provided are false, incorrect or incomplete.
  • In the event investor gives direct instruction to the AMC or their agents, Doha Bank may not be held /responsible in this regard for any reason whatsoever.
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