Regulatory Disclosure
1. Registration Information
Lahoti SNJ Finserv is an AMFI-registered Mutual Fund Distributor.
AMFI Registration Number (ARN): 270798
Date of Initial Registration: 16-06-2023
Current Validity: 15-06-2029
Employee Unique Identification Number (EUIN): E055914
2. Nature of Services (Distributor vs. Advisor)
In accordance with SEBI (Investment Advisers) Regulations, 2013, please note the following:
We act in the capacity of a Distributor of Mutual Funds.
We are not a SEBI Registered Investment Advisor (RIA).
Any advice given to you during our engagement is incidental to our primary activity of distribution and is provided to help you choose the right product for your needs. This should not be construed as fee-based investment advisory services.
3. Commission Disclosure
As mandated by SEBI (Circular No. SEBI/IMD/CIR No. 4/168230/09), we are disclosing the comparative commission structure earned by us from various Asset Management Companies (AMCs). The funds we recommend are not influenced by the commission we earn.
We work on a "Trail Commission" model, meaning we earn a small percentage of the investment value as long as you stay invested. We do not charge any upfront fees from our clients.
Fund house | Equity funds | Debt funds | Liquid funds | ELSS funds |
|---|---|---|---|---|
Abakkus | 1.00% – 1.30% | — | 0.08% | — |
Aditya Birla Sun Life | 0.19% – 0.90% | 0.02% – 0.60% | 0.09% | 0.65% |
Axis | 0.20% – 1.06% | 0.04% – 0.89% | 0.02% – 0.09% | 0.54% |
Bandhan | 0.38% – 1.31% | 0.02% – 0.85% | 0.05% – 0.11% | 0.93% |
Baroda BNP Paribas | 0.40% – 1.85% | 0.16% – 1.20% | 0.05% – 0.12% | 1.45% |
Canara Robeco | 0.95% – 1.55% | 0.41% – 1.30% | 0.04% – 0.11% | 1.00% |
DSP | 0.20% – 1.30% | 0.05% – 0.70% | 0.05% | 0.92% |
Edelweiss | 0.30% – 1.27% | 0.13% – 0.55% | 0.04% | 1.19% |
Franklin Templeton | 0.15% – 1.15% | 0.13% – 0.40% | 0.03% – 0.04% | 0.65% |
HDFC | 0.17% – 1.14% | 0.13% – 0.68% | 0.09% | 0.78% |
Helios | 0.85% – 1.32% | — | 0.04% | — |
HSBC | 0.21% – 1.27% | 0.13% – 0.85% | 0.07% – 0.08% | 1.10% |
ICICI Prudential | 0.08% – 0.90% | 0.04% – 0.60% | 0.05% | 0.80% |
Invesco India | 0.21% – 1.36% | 0.13% – 0.72% | 0.03% – 0.04% | 1.02% |
JM Financial | 1.14% – 1.65% | 0.45% – 0.60% | 0.05% – 0.06% | 1.65% |
Kotak Mahindra | 0.14% – 1.25% | 0.12% – 0.82% | 0.08% – 0.09% | 0.94% – 1.01% |
LIC Mutual Fund | 0.30% – 1.19% | 0.13% – 0.59% | 0.02% – 0.04% | 1.19% |
Mahindra Manulife | 1.19% – 1.75% | 0.35% – 1.19% | 0.06% | 1.45% |
Mirae Asset | 0.04% – 1.48% | 0.13% – 0.72% | 0.08% | 0.72% |
Motilal Oswal | 0.10% – 1.30% | 0.07% – 0.80% | 0.15% | 0.85% |
Nippon India | 0.17% – 1.40% | 0.15% – 1.00% | 0.07% – 0.10% | 1.06% |
PPFAS (Parag Parikh) | 0.34% – 0.52% | — | 0.08% | 1.00% |
Quant | 0.41% – 0.98% | 0.76% | 0.04% – 0.21% | 0.51% |
SBI | 0.15% – 1.06% | 0.09% – 0.72% | 0.04% – 0.09% | 0.73% |
Sundaram | 0.47% – 1.14% | 0.17% – 1.06% | 0.08% – 0.21% | 1.14% |
Tata | 0.25% – 1.30% | 0.20% – 0.75% | 0.05% – 0.08% | 1.00% |
Trust Mutual Fund | 1.09% – 1.44% | 0.25% – 0.42% | 0.03% – 0.10% | — |
Union | 0.90% – 1.68% | 0.09% – 0.67% | 0.10% | 1.19% |
UTI | 0.10% – 1.45% | 0.05% – 0.95% | 0.05% | 1.05% |
WhiteOak Capital | 0.80% – 1.40% | 0.35% | 0.05% | 1.45% |
Note: The rates above are indicative and subject to change by the AMCs. The commission is paid to us by the AMC out of the expense ratio of the scheme. Detailed scheme-wise commission structures are available upon request.
4. Risk Factors
Market Risk: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market.
Every mutual fund scheme comes with documents filed with SEBI (https://www.sebi.gov.in/filings/mutual-funds.html) that tell you what the scheme will do with your money, what it costs and what can go wrong — the Scheme Information Document (SID), which sets out the objective, asset allocation, strategy, risk factors, expense ratio, loads and lock-in; the Statement of Additional Information (SAI), covering the fund house, unitholder rights, taxation and grievance redressal; the Key Information Memorandum (KIM), a short-form summary that accompanies the application form; and any addenda issued afterwards, which override the parts of the SID or KIM they amend.
Please read these, along with the scheme's factsheet, portfolio disclosure and riskometer, before you invest; they are available free on the fund house's website, on amfiindia.com, and from us on request — nothing on this website replaces them, and where anything here differs, the scheme documents prevail
No Assurance: Past performance of the Sponsors/AMC/Mutual Fund does not indicate the future performance of the schemes.
5. Grievance Redressal Policy
At Lahoti SNJ Finserv, we are committed to prompt resolution of client issues.
Step 1: Contact Us
If you have any queries or complaints, please reach out to us first:
Email: contact@lsnj.in
Phone: +91-9414002647
Turnaround Time: We aim to acknowledge complaints within 2 working days and resolve them within 10 working days.
Step 2: Contact the Mutual Fund House (AMC)
If you are not satisfied with our resolution, you may contact the Investor Relations Officer of the respective Asset Management Company. (Relevant contact details are available on the respective AMC websites).
Step 3: SEBI SCORES
If your complaint remains unresolved, you may lodge a complaint with SEBI’s centralized grievance redressal system.
Portal: https://scores.sebi.gov.in/
Step 4: SMART ODR
For online dispute resolution, investors can access the SMART ODR Portal.
Portal: https://smartodr.in/
6. Data Privacy & Transaction Security
We facilitate transactions through the respective AMC platforms or platforms such as BSE STAR MF, NSE MF INVEST or authorised Registrar and Transfer Agents (RTAs) like CAMS and KFintech.
We do not hold client funds. All payments usually go directly from the client’s bank account to the Mutual Fund scheme account.
Your personal data (PAN, KYC details) is shared strictly with regulatory bodies, AMCs, and RTAs for the purpose of processing your investments.