1. CITIBANK:
SUBSCRIPTION/SIP (SYSTEMATIC INVESTMENT PLAN)
Amount in INR | Transaction Fee** |
Equity | |
Upto 2 Crs | 2% |
From 2 – 5 Crs | 1.5% |
5 Crs & above | 1% |
Equity Arbitrage Funds | Nil |
Debt | Nil |
MIP | 0.5% |
Liquid | Nil |
On top of it 10.3% service tax will be levied.
For redemption :
For redemption :
An exit load @ 2.25% has been applied on the NAV by the Fund House.
2. ICICIDirect
If MF holdings in ICICIDirect is less than 8 lakhs
SIPs : Rs 30 or 1.5% Whichever is lower
Lumpsum: Rs 100
On top of it 10.3% service tax will be levied.
If MF holdings in ICICIDirect is greater than 8 Lakhs then charges are NIL.
Not sure if the charges are applicable for Liquid/Debt funds. Citibank's response addressed this.
3. Kotak Securities
No charges levied.
2. ICICIDirect
If MF holdings in ICICIDirect is less than 8 lakhs
SIPs : Rs 30 or 1.5% Whichever is lower
Lumpsum: Rs 100
On top of it 10.3% service tax will be levied.
If MF holdings in ICICIDirect is greater than 8 Lakhs then charges are NIL.
Not sure if the charges are applicable for Liquid/Debt funds. Citibank's response addressed this.
3. Kotak Securities
No charges levied.
Information has been taken from respective sites or emails sent by the respective distributors.
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