Mutual Funds

Mutual fund distribution on Wealthy — AMC coverage, commission structure, transaction flow, and key selling points.

Overview

Mutual Funds are the core product on Wealthy’s platform. Partners distribute MFs as sub-distributors under Wealthy’s master ARN.

  • AMCs: 45+ (covering 99% of the market)
  • Schemes: 1,500+ across all categories
  • Plans: Regular plans (commission-earning)

How It Works

  • Partners are empaneled as sub-distributors under Wealthy
  • Wealthy’s ARN = Master ARN
  • Partner’s EUIN is mapped under Wealthy’s master ARN
  • EUIN is a mandatory field for all MF transactions
  • Transactions processed via backend platforms (BSE Star MF / NSE NMF)

Commission Structure

Source: official rate card from Wealthy AMC partnerships team, Feb 2026. Rates refresh monthly.

Type Trail Rate (Year 1) Payment
Equity MF 0.6% – 1.3% Monthly recurring trail
Hybrid MF 0.4% – 1.3% Monthly recurring trail
Debt MF 0.02% – 0.85% Monthly recurring trail
Index Funds 0.2% – 0.6% Monthly recurring trail
FoF 0.02% – 0.86% Monthly recurring trail

Detailed Trail Commission Ranges (Feb 2026)

Equity Funds

  • Large Cap: 0.69% – 1.28% (avg ~0.85%)
  • Mid Cap: 0.69% – 1.28% (avg ~0.95%)
  • Small Cap: 0.72% – 1.05% (avg ~0.85%)
  • Flexi Cap: 0.82% – 1.01% (avg ~0.90%)
  • Multi Cap: 0.85% – 1.13% (avg ~0.95%)
  • Large & Mid Cap: 0.79% – 1.28% (avg ~0.90%)
  • Focused Fund: 0.56% – 1.16% (avg ~0.90%)
  • Value Fund: 0.85% – 1.01% (avg ~0.95%)
  • Dividend Yield: 0.94% – 1.01%
  • ELSS: 0.62% – 1.13% (avg ~0.85%)

Sectoral / Thematic

  • Range: 0.86% – 1.31%
  • Banking / Financial: up to 1.31%
  • Pharma / Healthcare: up to 1.20%
  • Infrastructure: up to 1.24%
  • Consumption: up to 1.28%

Hybrid Funds

  • Aggressive Hybrid: 0.94% – 1.28%
  • Balanced Advantage / DAA: 0.86% – 1.28%
  • Conservative Hybrid: 0.90% – 1.17%
  • Equity Savings: 0.41% – 1.01%
  • Arbitrage: 0.38% – 0.56%
  • Multi Asset: 0.90% – 1.13%

Debt Funds

  • Liquid: 0.03% – 0.15%
  • Overnight: 0.02% – 0.08%
  • Money Market: 0.13% – 0.30%
  • Ultra Short Duration: 0.19% – 0.63%
  • Low Duration: 0.28% – 0.60%
  • Short Duration: 0.38% – 0.53%
  • Medium Duration: 0.64% – 0.70%
  • Corporate Bond: 0.19% – 0.48%
  • Banking & PSU: 0.19% – 0.34%
  • Dynamic Bond: 0.19% – 0.79%
  • Gilt: 0.19% – 0.56%
  • Credit Risk: 0.68% – 0.84%

Index Funds

  • Nifty 50 Index: 0.19% – 0.38%
  • Nifty Next 50: 0.34% – 0.55%
  • Mid-cap / Small-cap Index: 0.38% – 0.54%
  • Momentum / Quality / Value Factor: 0.45% – 0.58%

Solution-Oriented

  • Children’s Fund: 0.98% – 1.35%
  • Retirement Fund: 0.94% – 1.30%

Fund of Funds (FoF)

  • Domestic: 0.15% – 0.79%
  • Overseas: 0.02% – 0.86%
  • Gold / Silver: 0.23% – 0.37%

Top Paying AMCs (Equity, Year 1)

  • Bank of India — up to 1.28%
  • Baroda BNP Paribas — up to 1.31%
  • Bandhan — up to 1.20%
  • Bajaj Finserv — up to 1.20%
  • 360 ONE — up to 1.13%

Key Terms

  • Rates inclusive of GST and all taxes
  • Year 1 rates typically higher; Year 2+ slightly lower for some AMCs
  • Subject to change without prior intimation
  • Only for ARN partners registered with Wealthy

Quick Sales Pitch

  • Equity MF trail: 0.7% – 1.3%
  • Sectoral / Thematic: up to 1.3%
  • Hybrid: up to 1.3%
  • Even debt funds earn 0.2% – 0.8%
  • This is recurring income — you earn every year on the same AUM

Trail Commission Key Points

  • Lifelong income stream — monthly as long as AUM remains invested
  • Double engine growth: Fresh investments + Market growth (~15% Nifty CAGR)
  • Legacy income: Legal heirs can continue receiving trail
  • Calculated daily as a percentage of AUM per scheme
  • MF brokerage is inclusive of GST
  • If partner has GST number, GST is shown separately

SIP Trail Commission Growth (per client, ₹5K SIP, 12% growth, 0.7% trail)

Year AUM Annual Trail
1 ₹64K ₹448
5 ₹4.12L ₹2,887
10 ₹11.62L ₹8,132
15 ₹25.23L ₹17,660
20 ₹49.96L ₹34,970
25 ₹94.88L ₹66,417

Transaction Flow

  1. Select MF scheme in the Partner App
  2. Add client details
  3. Share proposal via WhatsApp/Email
  4. Client approves & pays
  5. Done!

Key Selling Points

  • No charges to clients — only standard TER charged by AMC (included in NAV)
  • No demat needed — MFs held directly with AMC in client’s name
  • External Portfolio Tracker — view client’s entire portfolio across platforms (Groww, Zerodha, NJ, etc.) and migrate under your ARN
  • AI Portfolio Reports — auto-generated, professional-grade reports with partner branding
  • Curated Fund Collections — research team picks for easy scheme selection

Payout Schedule

  • Two cycles: 15th and 30th of every month
  • Credited to registered bank account (must be in partner’s name)
  • Bank details updatable via Partner App

Wealthy Select — Curated Fund List

Wealthy Select is a structured fund-selection framework that identifies mutual funds demonstrating repeatable performance across market cycles. It evaluates whether historical behaviour reflects traits associated with durable investment processes — not return-chasing.

Selection Methodology (4 Dimensions)

  1. Rolling-returns consistency — 10-year rolling analysis across multiple market environments (not static 3 / 5-year windows)
  2. Benchmark outperformance & category-relative performance — consistent outperformance vs the benchmark, plus top-quartile consistency among peers
  3. Risk-adjusted return quality — Jensen’s Alpha (returns vs expected, given market exposure)
  4. Downside behaviour — Downside Capture Ratio (magnitude of fall) and Downside Probability (how often on the wrong side during benchmark drawdowns)

Ratings are scored out of 5, published by WealthyIn Broking under RA License INH000012175.

March 2026 — Selected Funds by Category

Flexi Cap

AMC Scheme Rating
HDFC HDFC Flexi Cap Fund — Reg Growth 4.7
Invesco Invesco India Flexi Cap Fund — Reg Growth 4.7
ICICI ICICI Prudential Flexi Cap Fund — Reg Growth 4.6
WhiteOak WhiteOak Capital Flexi Cap Fund — Reg Growth 4.4
Parag Parag Parikh India Flexi Cap Fund — Reg Growth 4.3

Multicap

AMC Scheme Rating
Kotak Kotak Multicap Fund — Reg Growth 4.7
Axis Axis Multicap Fund — Reg Growth 4.6
HSBC HSBC Multicap Fund — Reg Growth 4.6
Nippon Nippon India Multicap Fund — Reg Growth 4.5
WhiteOak WhiteOak Capital Multi Cap Fund — Reg Growth 4.4

Large Cap

AMC Scheme Rating
Nippon Nippon India Large Cap Fund — Reg Growth 4.7
DSP DSP Large Cap Fund — Reg Growth 4.5
Aditya Birla Aditya Birla SL Large Cap Fund — Reg Growth 4.5
SBI SBI Large Cap Fund — Reg Growth 4.4
ICICI ICICI Prudential Large Cap Fund — Reg Growth 4.3

Large & Mid Cap

AMC Scheme Rating
Bandhan Bandhan Large & Mid Cap Fund — Reg Growth 4.6
Kotak Kotak Large and Midcap Fund — Reg Growth 4.5
ICICI ICICI Prudential Large & Mid Cap Fund — Reg Growth 4.4
DSP DSP Large & Mid Cap Fund — Reg Growth 4.3
SBI SBI Large and Mid Cap Fund — Reg Growth 4.2

Midcap

AMC Scheme Rating
Invesco Invesco India Midcap Fund — Reg Growth 4.7
Nippon Nippon India Growth Midcap Fund — Reg Growth 4.5
Kotak Kotak Midcap Fund — Reg Growth 4.4
WhiteOak WhiteOak Capital Midcap Fund — Reg Growth 4.3
Edelweiss Edelweiss Midcap Fund — Reg Growth 4.3

Smallcap

AMC Scheme Rating
Invesco Invesco India Smallcap Fund — Reg Growth 4.7
Bandhan Bandhan Small Cap Fund — Reg Growth 4.5
HDFC HDFC Small Cap Fund — Reg Growth 4.3
Axis Axis Small Cap Fund — Reg Growth 4.2
Edelweiss Edelweiss Small Cap Fund — Reg Growth 4.2

Multi Asset

AMC Scheme Rating
Nippon Nippon India Multi Asset Allocation Fund — Reg Growth 4.6
DSP DSP Multi Asset Allocation Fund — Reg Growth 4.3
WhiteOak WhiteOak Capital Multi Asset Allocation Fund — Reg Growth 4.2
Kotak Kotak Multi Asset Allocation Fund — Reg Growth 4.1
SBI SBI Multi Asset Allocation Fund — Reg Growth 4.0

Balanced Advantage

AMC Scheme Rating
Aditya Birla Aditya Birla SL Balanced Advantage Fund — Reg Growth 4.7
SBI SBI Balanced Advantage Fund — Reg Growth 4.6
Baroda Baroda Balanced Advantage Fund — Reg Growth 4.5
WhiteOak WhiteOak Capital Balanced Advantage Fund — Reg Growth 4.5
Axis Axis Balanced Advantage Fund — Reg Growth 4.4

Focused

AMC Scheme Rating
ICICI ICICI Prudential Focused Equity Fund — Reg Growth 4.9
HDFC HDFC Focused Fund — Reg Growth 4.5
SBI SBI Focused Fund — Reg Growth 4.4
Mahindra Mahindra Manulife Focused Fund — Reg Growth 4.4
Canara Canara Robeco Focused Equity Fund — Reg Growth 4.3

Value / Contra

AMC Scheme Rating
HSBC HSBC Value Fund — Reg Growth 4.7
Axis Axis Value Fund — Reg Growth 4.5
Nippon Nippon India Value Fund — Reg Growth 4.4
SBI SBI Contra Fund — Reg Growth 4.4
Kotak Kotak Contra Fund — Reg Growth 4.3

Dividend Yield

AMC Scheme Rating
ICICI ICICI Prudential Dividend Yield Fund — Reg Growth 4.7
Aditya Birla Aditya Birla SL Dividend Yield Fund — Reg Growth 4.4
Franklin Franklin India Dividend Yield Fund — Reg Growth 4.3
UTI UTI Dividend Yield Fund — Reg Growth 4.2
LIC LIC MF Dividend Yield Fund — Reg Growth 4.1

Aggressive Hybrid

AMC Scheme Rating
Bandhan Bandhan Aggressive Hybrid Fund — Reg Growth 4.7
Nippon Nippon India Aggressive Hybrid Fund — Reg Growth 4.7
Mahindra Mahindra Manulife Aggressive Hybrid Fund — Reg Growth 4.5
JM JM Aggressive Hybrid Fund — Reg Growth 4.4
Edelweiss Edelweiss Aggressive Hybrid Fund — Reg Growth 4.3

Conservative Hybrid

AMC Scheme Rating
Nippon Nippon India Conservative Hybrid Fund — Reg Growth 4.8
Aditya Birla Aditya Birla Sun Life Reg Savings Fund — Reg Growth 4.6
ICICI ICICI Prudential Regular Savings Fund — Reg Growth 4.5
SBI SBI Conservative Hybrid Fund — Reg Growth 4.4
HDFC HDFC Hybrid Debt Fund — Reg Growth 4.4

Equity Savings

AMC Scheme Rating
Kotak Kotak Equity Savings Fund — Reg Growth 4.6
Edelweiss Edelweiss Equity Savings Fund — Reg Growth 4.4
UTI UTI Equity Savings Fund — Reg Growth 4.4
HSBC HSBC Equity Savings Fund — Reg Growth 4.3
Mirae Mirae Asset Equity Savings Fund — Reg Growth 4.2

Disclaimer: Wealthy Select ratings are based on historical performance — future performance may differ. Published by WealthyIn Broking under RA License INH000012175. For internal use by Wealthy partners only. Fund selection should always consider individual suitability.

MF Taxation — Quick Reference

⚠️ Tax laws change. These rules supersede any tax info elsewhere. Always recommend the client consult a tax professional for personalised advice.

Equity Mutual Funds

  • STCG (held < 12 months): 20% (raised in Budget 2024 from 15%)
  • LTCG (held ≥ 12 months): 12.5% on gains above ₹1.25 lakh

Debt Mutual Funds

  • No indexation benefit (removed for purchases after April 2023)
  • Gains taxed at the investor’s income-tax slab rate, regardless of holding period

ELSS (Equity-Linked Savings Scheme)

  • Tax deduction up to ₹1.5 lakh under Section 80C
  • Lock-in: 3 years
  • LTCG: 12.5% on gains above ₹1.25 lakh (same as equity MFs)

Dividends

  • DDT (Dividend Distribution Tax) abolished since April 2020
  • Dividends are now taxable in the hands of investors at their slab rate
  • 10% TDS if total dividend exceeds ₹5,000 in a financial year

Senior Citizens

  • No blanket LTCG exemption on equity MFs
  • Higher basic income-tax exemption limit applies, but LTCG on equity MFs is still taxable at 12.5% above ₹1.25 lakh

STT (Securities Transaction Tax)

  • On equity MF redemption: 0.001%
  • On equity delivery trades (stock exchange): 0.1% buy + 0.1% sell

GST on MF Brokerage

GST Registered Partners

  • Total brokerage of ₹100 = ₹84.70 revenue + ₹15.30 GST
  • Partner must pay GST portion to the government
  • If GST not deposited for 3-4 consecutive months, Wealthy holds payouts

Non-GST Registered Partners

  • Total brokerage of ₹100 = ₹100 revenue, no GST obligation
  • GST registration is not mandatory for empanelment