Commission Disclosure
Commission Disclosure

360 ONE Distribution Services Ltd (formerly known as IIFL Wealth Distribution Services Limited) is

"AMFI - Registered Mutual Fund Distributors for the year ended 31 March 2024 with ARN -181727"

Detailed commission for each AMC, Click here


The above mentioned rates are subject to change without any prior consent and as per agreement between 360 ONE entities and the respective AMCs.
Commission received by 360 ONE Distribution Services Ltd (formerly known as IIFL Wealth Distribution Services Ltd) is Rs 11.95 crores through distribution of 360 ONE Mutual Fund (formerly known as IIFL Mutual Fund)schemes and total commission received from all AMCs is Rs 136.94 crores during the FY 2023-24.

360 ONE entities distribute mutual fund schemes of their affiliates and Group Companies. 360 ONE Asset Management Ltd. (formerly known as IIFL Asset Management Limited) is a subsidiary of 360 ONE WAM Ltd(formerly known as IIFL Wealth Management Limited).

Transaction Charges

With effect from October 1, 2013, 360 ONE entities have Opted Out of transaction charges for all Mutual Fund schemes. Hence no transaction charges will be levied on purchases of any Mutual Fund products. Consequently, the respective Asset Management Companies (AMCs) will issue Mutual Fund units equivalent to the full subscription amount to the investors.

The above changes will be effective for both online and offline transactions initiated on or after October 1, 2013.

Mutual Funds - Important Information
  1. 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 advice 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.

  2. We would like to draw your attention to the disclosures made in the SID/SAI/KIM relating to general risks of investing through mutual fund schemes as well as scheme specific risks such as (i) returns being subject to market risk including loss of capital on account of market volatility, force majeure events, changes in political and economic environment, default by issuers of securities to mutual funds, bankruptcy or insolvency of issuers and potential segregation of portfolio by AMC in such circumstances; (ii) suspension of redemption facility in case the scheme faces liquidity crisis; (iii) risks associated with subscription to new fund offering of the scheme such as price volatility risk, liquidity risk and delisting risk; (iv) winding up of schemes on account of illiquid instruments, higher volume of redemption requests from the investors or on account of unforeseen market events.

  3. 360 ONE entities engaged in distribution are acting merely as a distributor for various third party mutual fund schemes and other third party products/services (that may be offered by an 360 ONE entity or by an entity not part of the 360 ONE group), that shall constitute a contract between the investor and the third party. 360 ONE entities shall not be liable or responsible for any loss resulting from the 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 the third party from time to time.

  4. 360 ONE entities which are acting as a distributor of Mutual funds and other investment products, undertake transactions on "Execution only" basis unless otherwise agreed between 360 ONE entities and the customer.

  5. As per SEBI circular no. SEBI/HO/IMD/DF2/CIR/P/2020/175 dated September 17, 2020 read with circular no. SEBI/HO/IMD/DF2/CIR/P/2020/253 dated December 31, 2020, effective from February 1, 2021, the applicable NAV in respect of purchase of units of mutual fund scheme shall be subject to realization & availability of the funds in the bank account of mutual fund before the applicable cut off timings for purchase transactions, irrespective of the amount of investment, under ALL mutual fund schemes. (The above rule is already applicable for purchase transactions under Liquid funds and Overnight Funds).

  6. Investors shall be responsible to ensure that the mutual fund application form is complete and all details as required are duly filled in. 360 ONE entities are not liable for any consequence in case any of the particulars provided are false, incorrect or incomplete.

  7. In the event an investor gives direct instruction to the AMC or their agents, 360 ONE entities may not be held/responsible in this regard for any reason whatsoever.

Information on Mutual Funds

Daily NAV of various Mutual Fund schemes
https://www.amfiindia.com/net-asset-value

Scheme portfolio and other scheme related details of various Mutual Fund schemes
https://www.amfiindia.com/investor-corner/online-center/portfoliodisclosure - Actual Link

Details about various mutual fund schemes and scheme related documents
https://www.amfiindia.com/research-information/other-data/scheme-details



Mutual Fund investments are subject to market risk, read all scheme related documents carefully.

Attention Investors
"Prevent Unauthorized Transactions in your demat / trading account —> Update your Mobile Number/ email Id with your stock broker / Depository Participant. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/CDSL on the same day." - Issued in the interest of investors.

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Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 01, 2020.

Update your email id and mobile number with your stock broker / depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge.

Check your securities / MF / bonds in the consolidated account statement issued by NSDL/CDSL every month.

KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.

No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorize your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.

SEBI Regn. No. : Broking INZ000296339 / DP-IN-573-2021 / RA - INH000011431 / ARN - 181727 National Stock Exchange of India Ltd. Member Code: 90070 Bombay Stock Exchange Ltd. Member Code: 6633 Multi Commodity Exchange of India Ltd. Member Code: 55860 National Commodity & Derivatives Exchange Ltd. Member Code: 1239

© 2024 360 ONE WAM LIMITED (Formerly known as IIFL Wealth Management Limited) All rights Reserved.