Sub-Brokerage Structure - Finapolis

Sub-Brokerage Structure
April 1, 2012 - June 30, 2012
*FT Schemes: Franklin Asian Equity Fund, Franklin Build India Fund, Franklin India Bluechip Fund, Franklin India Flexi Cap Fund, Franklin India High Growth Companies Fund,
Franklin India Opportunities Fund, Franklin India Prima Fund, Franklin India Prima Plus, Franklin India Smaller Companies Fund, Templeton India Equity Income Fund, Templeton
India Growth Fund.
*HDFC Schemes: HDFC Growth Fund, HDFC Balanced Fund, HDFC Capital Builder Fund, HDFC Core & Satellite Fund, HDFC Children’s Gift Fund, HDFC Premier Multi-Cap Fund,
HDFC Mid-Cap Opportunities Fund, HDFC Long Term Equity Fund, HDFC Infrastructure Fund.
*SBI Schemes: Magnum Equity Fund, Magnum Global Fund, MSFU-Emerging Businesses Fund, FMCG Fund, Pharma Fund, IT Fund, Magnum Multiplier Plus 93, Magnum Taxgain
Scheme 93, Magnum Midcap Fund, Magnum Multicap Fund, SBI PSU Fund, Magnum COMMA Fund, SBI Infrastructure Fund, SBI One India Fund & Magnum Balanced Fund.
*ICICI Schemes: ICICI Prudential Dynamic Plan, ICICI Prudential Infrastructure Fund, ICICI Prudential Focused Bluechip Equity Fund, ICICI Prudential Discovery Fund, ICICI
Prudential Child Care Plan – Gift Plan, ICICI Prudential Tax Plan, ICICI Prudential Balanced Fund, ICICI Prudential Mid-cap Fund, ICICI Prudential Banking & Financial Services Fund,
ICICI Prudential FMCG Fund, ICICI Prudential Top 200 Fund, ICICI Prudential Top 100 Fund, ICICI Prudential Equity & Derivatives Fund – Volatility Advantage Plan, ICICI Prudential
Technology Fund, ICICI Prudential Service Industries Fund.
@SBI MF: All existing open-end equity funds (except SBI Bluechip, Magnum Index Fund and SBI Arbitrage Opportunity Fund) will be eligible.
Mutual
Fund
Birla
Eligible Schemes
SIP Upf
(Gross)
SIP Duration
SIP Additional Incentive (on value procured)
SIP Installment Per Month (Gross)
` 1000-1999 ` 2000-2999 ` 3000-4999 ` 5000-10000 Above ` 10000
Equity Schemes* 0.60% 12 - 59 Months Amount of SIP × Tenure × 0.40%
60 Months & above #
Gold Fund - 36 Months & above Amount of SIP × 0.40% × 12 months upfront & 0.40% upfront monthly from 13 installment
12 - 59 Months
DSP
BlackRock @ All Equity Schemes* 0.60%
Amount of SIP ×
Tenure × 0.28%
60 Months & above # Amount of SIP ×
Tenure × 0.36%
Amount of SIP × Tenure × 0.36%
Amount of SIP × Tenure × 0.40%
Fidelity @ 12 - 35 Months Amount of SIP × Tenure × 0.28%
Other Equity
0.60%
Amount of SIP ×
Schemes*
36 Months & above
Amount of SIP × Tenure × 0.40%
Tenure × 0.28%
Kotak All Equity Schemes* - 12 - 60 Months Amount of SIP × Tenure × 0.40% NIL
Equity Fund 0.60% 12 - 60 Months Amount of SIP × Tenure × 0.20%
Mirae Equity Schemes* 0.80% 12 - 60 Months # Amount of SIP × Tenure × 0.40%
Morgan Morgan Growth 0.60% 12 - 60 Months Amount of SIP × Tenure × 0.60% NIL
Stanley Morgan ACE 0.60% 12 - 60 Months Amount of SIP × Tenure × 0.40% NIL
TATA All Equity Schemes 0.60% 24 - 59 Months 60 Months & above #
Amount of SIP × Tenure × 0.40%
Mutual
Fund
Eligible Schemes
SIP Upf
(Gross)
UTI Equity Schemes -
SIP Duration
SIP Installment Per Month (Gross)
` 1000 - 49,999
` 50000 & above
24 - 59 Months Amount of SIP/STP × Tenure × 0.40% 50,000 × Tenure × 0.40%
60 Months & above Amount of SIP/STP × 60 × 0.40% 50,000 × 60 × 0.40%
*Birla Eligible Schemes: Birla Sun Life New Millenium Fund, Birla Sun Life’95 Fund, Birla Sun Life Freedom Fund, Birla Sun Life Dividend Yield Plus, Birla Sun Life Frontline Equity
Fund Plan, Birla Sun Life Midcap Fund Plan A and B, Birla Sun Life Equity Fund, Birla Sun Life MNC Fund, Birla Sun Life India GenNext Fund, Birla Sun Life Infrastructure Fund Plan
A and B, Birla Sun Life Special Situations Fund, Birla Sun Life International Equity Fund Plan B, Birla Sun Life India Reforms Fund, Birla Sun Life Small and Midcap Scheme, Birla Sun
Life Tax Relief’96, Birla Sun Life Tax Plan and Birla Sun Life Pure Value Fund.
*DSPBR: Applicable for all equity, hybrid schemes except for any FOF schemes.
*Fidelity MF: Other Equity Schemes: Fidelity India Special Situations Fund, Fidelity India Growth Fund, Fidelity India Value Fund, Fidelity International Opportunities Fund, Fidelity
Global Real Assets Fund.
*Kotak MF: All equity schemes except Arbitrage. Upfronting will be applicable for maximum upto ` 5,000/- SIP for upto 5 years. On the ceaser of the SIP proportionate clawback
will be applicable.
*Mirae Eligible Schemes: Mirae Asset India Opportunities Fund, Mirae Asset Emerging Bluechip Fund, Mirae Asset China Advantage Fund, Mirae Asset India-China Consumption
Fund & Mirae Asset Global Commodity Stocks Fund.
@DSP BR MF & Fidelilty MF: The amount of SIP / STP per transaction has been capped at ` 10,000/-. No additional incentive will be paid for re-registered cases.
#A maximum of 5 years (60 months) has been capped for additional incentive payouts.
Elaboration of Payments (some examples):
(a) Additional Incentive Payout for SIP of ` 2500 for 3 years in any Equity schemes (36 months) will be:
Total Amount of investment : ` 2500 × 36 = ` 90,000 Total Incentive : ` 90,000 × 0.45% = ` 405
(b) Additional Incentive Payout for SIP of ` 2500 for 5 years in any Equity schemes (60 months is max limit) :
Total Amount of investment in 5 years : ` 2500 × 60 = ` 1,50,000 Total Incentive : ` 1,50,000 × 0.50% = ` 750
Terms & Conditions SIP / STP Schemes:
The above per application structure and all other schemes mentioned in this structure are applicable only for AMFI-certified associates registered with
Karvy.
All Brokerages / Incentives are gross & inclusive of all statutory levies including service tax & education cess. Net Amount after deducting the statutory
levies will be paid.
Associates are required to strictly adhere to the Code of Conduct prescribed by SEBI and AMFI and should not indulge in any practice contravening it
directly or indirectly.
In case of a collection data mismatch between KARVY and Business Associate the MIS computed by Karvy will be considered final for the purpose of
incentive calculation.
The per application incentive will be paid to the associates on receipt of payment from the respective AMCs, as per their payment schedule.
Karvy Stock Broking Ltd reserves the right to change or terminate, add any participating scheme or AMC in this structure, with or without any prior
notice.
All AMCs Per application incentive shall be paid subject to clearance of first 3 subsequent SIP / STP installments.
Structure is applicable only for Monthly SIP / STP registered during this period with first installment on or before June 30, 2012.
Equivalent amount of SIP / STP per application incentive shall be recovered in full from future brokerage payable in the event of dis-continuation / default
of any installment of SIP / STP and change in broker code including that to direct.
Incase of multiple applications by same investor in same scheme, only one application will be considered for per application incentive calculations.
Any disputes arising out of this structure will be subject to Hyderabad Jurisdiction only.
Registered Office : “Karvy House”, 46, Avenue 4, Street No.1, Banjara Hills, Hyderabad - 500 034.
Tel. 2331 2454, 2332 0751 / 0752 Fax: 040 - 6662 1474
URLs: www.thefinapolis.com, www.karvy.com, E-mail: associatesservice@karvy.com
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