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Regulatory Disclosure and Compliance note

About Us

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Fair-Aurivox is a brand of Aurivox Financial Services LLP, a Limited Liability Partnership registered in India. We are registered with the Association of Mutual Funds in India (AMFI) as a Mutual Fund Distributor.

AMFI Registration Number (ARN): 329000

Registered Office: 404, Century Pragati Apartment, 5th Main Road, JP Nagar, Bengaluru — 560078

We are a mutual fund distributor — not a SEBI Registered Investment Adviser (RIA). We do not provide personalised investment advice as defined under the SEBI (Investment Advisers) Regulations, 2013. Our role is to distribute financial products and facilitate transactions.

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AMCs with Whom We Are Empanelled

We are currently empanelled with the following Asset Management Companies (AMCs). This list is updated periodically. New empanelments or changes will be reflected here within 30 days.

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  • Abakkus Mutual Fund

  • Aditya Birla Sun Life Mutual Fund

  • Axis Mutual Fund

  • Bandhan Mutual Fund

  • Baroda BNP Paribas Mutual Fund

  • Canara Robeco Mutual Fund

  • DSP Mutual Fund

  • Edelweiss Mutual Fund

  • Franklin Templeton Mutual Fund

  • HDFC Mutual Fund

  • HSBC Mutual Fund

  • ICICI Prudential Mutual Fund

  • ICICI Prudential SIF Mutual Fund

  • Invesco Mutual Fund

  • Kotak Mutual Fund

  • Mahindra Manulife Mutual Fund

  • Mirae Asset Mutual Fund

  • Motilal Oswal Mutual Fund

  • Nippon India Mutual Fund

  • PGIM India Mutual Fund

  • PPFAS Mutual Fund

  • Quant Mutual Fund

  • SBI Mutual Fund

  • Sundaram Mutual Fund

  • Tata Mutual Fund

  • Union Mutual Fund

  • UTI Mutual Fund

  • WhiteOak Capital Mutual Fund

 

Note: We may not distribute schemes of all AMCs listed above. Please contact us to confirm availability of a specific AMC's products.

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A note on how your investments are processed

When you invest in mutual funds through Fair-Aurivox, your investments are placed in the Regular Plan of the respective scheme. Regular Plans carry a marginally higher Total Expense Ratio (TER) compared to Direct Plans — the difference represents the trail commission paid by the AMC to us as your distributor. There is no additional fee charged to you directly.

We earn trail commission from AMCs on your investments. Our commission structure is disclosed here. The actual commission paid to us from your investments is also disclosed in your half-yearly Common Account Statement (CAS).

If you have any questions about this or wish to understand the commission applicable to any specific scheme, please write to us at contactus@aurivoxfinancial.com.

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Commission Structure

As an AMFI-registered Mutual Fund Distributor, we earn commission from AMCs in the following manner:

  • Commission model: Trail commission only. We do not receive any upfront commission. All commission is paid as an ongoing trail (a percentage of your invested AUM) by the respective AMC.

  • Typical range: Trail commission generally ranges from 0.10% to 1.0% per annum on the invested AUM for debt and liquid funds, and between 0.3% to 1.5% per annum on the invested AUM for equity and hybrid funds. This varies depending on the AMC and scheme category and changes slightly every quarter. This commission mentioned has 18% GST inbuilt in the structure. 

  • You invest in Regular Plans: When you invest through us, you invest in the Regular Plan of the scheme. Regular Plans carry a marginally higher Total Expense Ratio (TER) than Direct Plans. The difference represents the trail commission paid to distributors. There is no additional fee charged to you directly.

  • CAS Disclosure: The actual commission paid to us for your investments is disclosed in your half-yearly Common Account Statement (CAS) sent by the AMC or RTA.

  • Specific disclosure: If you wish to know the exact commission we receive on any specific scheme before investing, please contact us at contactus@aurivoxfinancial.com. We will share this information promptly.

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We do not receive: upfront commission, gifts, foreign trips, or any non-cash incentive from any AMC. We do not pass back any portion of our commission to investors.

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Conflict of Interest Disclosure

As a distributor, we earn trail commission from AMCs. This creates a potential conflict of interest in that our recommendation of one scheme over another may be influenced by the commission differential. We are committed to managing this conflict by:

  • Disclosing our commission structure on request, for specific schemes.

  • Recommending products based on suitability to your risk profile and investment objectives, not commission rates.

  • Informing you when we distribute schemes from group companies or associates, if applicable.

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Grievance Redressal

For any concerns regarding commission disclosure or empanelment: contactus@aurivoxfinancial.com

Mutual Fund investments are subject to market risks. Please read all scheme related documents carefully before investing.

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