Commission Disclosure for the FY24-25:

Andromeda Wealth Private Ltd (AW)is marketing various Mutual Fund Products of different AMCs through their Channel partners. to esteemed investors.

The prospective/existing investor will be offered/will be subscribing to the Regular Plan of various Mutual fund Schemes on the Andromeda Wealth portal/website/App with assistance from the Channel partner which involves payment of commission to Andromeda Wealth Private Ltd from the AMCs. The range of trail commission receivable is as per Table below.

Fund Category
Range of trail commission earned 1 year onwards
Remarks
All Equity Funds
0.00% to 2.00%
Refer Hyperlink
ELSS/Tax Saving Funds
0.00% to 2.00%
wise/scheme
Arbitrage funds
0.00% to 0.70%
wise commission
All Debt funds
0.00% to 1.10%
below
Liquid & Overnight fund
0.00% to 0.25%
Retirement/Children
0.00% to 2.00%

The above Schedule of Commissions is subject to change, without any prior consent and at the sole discretion and agreement between Andromeda Wealth Private Ltd and the respective AMC. This information collation is on a best effort basis and income details are updated based on brokerage communication received from AMCs. The commission details will be updated on this website and customers are advised to check the same before making any investment. Neither the company nor its affiliates/subsidiaries/group companies will be responsible for intimating customers of any change in this schedule of commission other than by way of posting the information on this website. Investments in mutual funds are subject to market risk and customers should read the scheme offer document/key information document along with terms and conditions carefully before investing through Andromeda Wealth Portal/Website/App or through the Channel partner of Andromeda Wealth Private Ltd.

List of empanelled AMCs:

Presently Andromeda Wealth Private Limited is offering Mutual Fund products from the below mentioned AMCs. (In alphabetical order)

  1. Aditya Birla Sun life Mutual Fund- Hyper link of commission scheme wise
  2. Axis Mutual Fund
  3. Bandhan Mutual Fund
  4. Bank of India Mutual Fund
  5. Canara Robeco Mutual fund
  6. Baroda BNP Paribas Mutual fund
  7. Mirae Mutual Fund
  8. DSP Mutual fund
  9. Kotak Mutual Fund
  10. LIC Mutual Fund
  11. Nippon Mutual Fund
  12. PGIM Mutual fund
  13. Tata Mutual Fund
  14. Taurus Mutual Fund
  15. Whiteoak Mutual Fund