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Commission disclosure: how BayFolio is paid

What BayFolio LLP (ARN-363035) earns as trail commission on regular mutual fund plans, by fund type and by fund house, excluding GST.

Mutual fund investments are subject to market risks, read all scheme related documents carefully.

In short. We offer regular plans only. The fund house pays us a small yearly commission out of the fund’s own costs. You pay us no fee. This page shows what we earn from each fund house. To see how a regular plan compares with a direct plan, read Direct vs regular mutual funds.

1. How we are paid

We offer regular plans of mutual funds. When you invest through us, the fund house pays us a trail commission. It is a small percentage of your money, paid every year for as long as you stay invested.

  1. 1You investFrom your own bank account, in your name.
  2. 2The fund house holds itIn the scheme you chose. We never touch the money.
  3. 3The fund takes its yearly costA small slice each day, before the NAV is set.
  4. 4Part of that cost pays usOur trail commission, for as long as you stay invested.

The commission comes out of the fund’s yearly expense ratio. This is the cost the fund takes from the scheme every day, before it shows the NAV. Since 1 April 2026 this cost is called the Base Expense Ratio (BER). You do not pay us anything separately.

  • Trail only. We take no upfront commission. We are paid only while your money stays invested.
  • Excluding GST. All rates on this page exclude GST. They are the base commission the fund house pays us.
  • It changes. Fund houses revise their rates, often every quarter. Some pay a slightly lower rate after the first year or the first few years. We update this page every quarter.
In short. Our pay is a share of the fund’s own running cost. It is already inside the NAV you see. It grows when your money grows, and stops when you sell.

2. Usual rates by fund type

This is the usual yearly trail we earn, excluding GST. Each fund house pays a lowest and a highest rate for each fund type. The usual rate is the average of those lows and highs across the fund houses we work with. Some schemes pay a little less or more. The table by fund house is in the next section.

Equity
0.69 – 1.06%
Hybrid
0.73 – 0.93%
Arbitrage
0.44 – 0.45%
Debt
0.22 – 0.57%
Liquid
0.06 – 0.08%
Usual yearly rate we earn, % a year, excluding GST.
Fund typeWhat it holdsUsual yearly rate
EquityShares of Indian companies, incl. ELSS and sector funds0.69 – 1.06%
HybridA mix of shares, bonds and sometimes gold0.73 – 0.93%
ArbitrageBuys and sells the same share in two markets0.44 – 0.45%
DebtBonds and loans to government and companies0.22 – 0.57%
LiquidVery short loans, for parking cash0.06 – 0.08%

Example: on ₹10 lakh in an equity fund that pays us 0.75%, we earn about ₹7,500 a year. That is about ₹625 a month.

3. Rates by fund house

This table covers 48 fund houses. Rates are yearly, excluding GST, and show the lowest and highest scheme in each fund type.

Fund houseEquityHybridArbitrageDebtLiquid
360 ONE0.60 – 0.850.80 – 0.90n/a0.210.04
Abakkus0.81 – 0.93n/an/an/a0.07
Aditya Birla Sun Life0.55 – 0.850.35 – 0.650.400.07 – 0.600.07 – 0.08
AlphaGrep1.401.30n/an/an/a
Angel Onen/an/an/an/an/a
Axis0.50 – 0.970.93 – 1.100.540.08 – 0.810.02 – 0.09
Bajaj Finserv0.70 – 1.020.42 – 0.890.380.34 – 0.420.04 – 0.07
Bandhan0.71 – 1.140.55 – 1.100.550.13 – 0.850.04 – 0.07
Bank of India0.80 – 1.000.80 – 1.050.400.25 – 0.450.02
Baroda BNP Paribas0.75 – 1.250.68 – 0.960.42 – 0.510.06 – 0.760.03 – 0.05
Canara Robeco0.69 – 1.310.81 – 1.10n/a0.34 – 1.100.03 – 0.10
Capitalmind1.251.300.68n/a0.17
DSP0.63 – 0.860.58 – 0.830.480.16 – 0.510.04
Edelweiss0.60 – 1.270.25 – 0.890.34 – 0.420.30 – 0.550.04
Franklin Templeton0.40 – 0.950.35 – 0.700.450.09 – 0.500.03 – 0.04
Groww0.95 – 1.051.050.350.35 – 0.700.06 – 0.07
HDFC0.54 – 1.070.54 – 0.810.420.17 – 0.680.09
Helios0.70 – 1.201.10 – 1.200.41 – 0.45n/a0.04
HSBC0.55 – 0.680.51 – 0.680.300.04 – 0.420.03 – 0.04
ICICI Prudential0.27 – 0.640.25 – 0.500.250.04 – 0.420.04 – 0.04
Invesco0.42 – 1.100.51 – 0.760.420.13 – 0.640.03 – 0.04
ITI0.68 – 0.930.930.340.34 – 0.510.04
Jio BlackRock0.550.550.310.09 – 0.290.03 – 0.06
JM Financial0.92 – 1.391.23 – 1.260.630.48 – 0.620.06 – 0.09
Kotak Mahindra0.50 – 0.990.63 – 0.710.200.11 – 0.650.06 – 0.07
LIC0.680.680.210.08 – 0.420.02 – 0.04
Mahindra Manulife0.97 – 1.311.01 – 1.220.500.25 – 0.840.04
Mirae Asset0.72 – 1.400.89 – 1.270.640.25 – 0.720.08
Motilal Oswal0.10 – 1.151.150.900.600.15
Navi1.101.10n/an/a0.05
Nippon India0.36 – 1.020.55 – 0.920.510.13 – 0.850.06 – 0.08
NJ0.78 – 0.990.780.35n/a0.04
Old Bridge0.76 – 1.27n/a0.72n/an/a
PGIM India0.43 – 0.770.34 – 1.060.300.09 – 0.680.01 – 0.05
PPFAS0.34 – 1.000.300.34n/a0.08
Quant0.33 – 1.230.52 – 1.160.420.760.04 – 0.21
Quantum0.55 – 0.750.64n/a0.170.08
Samco0.76 – 0.850.850.08n/a0.08
SBI0.21 – 0.790.45 – 0.680.340.12 – 0.550.04 – 0.09
Shriram0.850.85n/a0.170.04 – 0.08
Sundaram0.34 – 0.420.42 – 0.640.420.08 – 0.640.03 – 0.08
Tata0.75 – 1.100.80 – 0.850.500.20 – 0.600.05
Taurus0.34 – 1.19n/an/an/an/a
The Wealth Company1.25 – 1.451.30 – 1.450.50n/a0.15
Trust0.75 – 1.10n/a0.40 – 0.500.13 – 0.210.02 – 0.06
Union0.85 – 1.240.86 – 0.940.460.08 – 0.470.08
UTI0.60 – 1.200.45 – 0.850.350.05 – 0.500.05
WhiteOak Capital0.85 – 1.500.76 – 1.300.650.350.05

Rates as per our latest update, 9 November 2026. All figures are % a year, excluding GST. “n/a” means the fund house has no scheme of that type. Debt excludes liquid funds, which are shown under Liquid. Hybrid excludes arbitrage. Promotional and new-fund rates are left out.

4. What we do not do

  • We do not charge you a fee. The fund house pays us.
  • We do not take upfront commission.
  • We do not offer direct plans.
  • We do not pick a fund for its commission. We pick on risk-adjusted returns first. Commission only decides between two funds that are equal on that.
  • We do not set sales targets for our team.
  • We do not hold your money. It goes from your bank to the fund house, in your name.
  • We do not promise returns.
  • We are not a SEBI-registered investment adviser. We are a mutual fund distributor registered with AMFI.

5. Check it for yourself

  • Our registration. Search ARN-363035 on the AMFI website.
  • What we earned on your money. Your Consolidated Account Statement (CAS) shows the commission paid to your distributor for each scheme, in rupees.
  • Scheme documents. Read the Scheme Information Document and Key Information Memorandum on the fund house’s website or the SEBI website.

6. Questions

Do I pay BayFolio anything?

No. The fund house pays us out of the fund’s expense ratio. You do not get a bill from us.

Is BayFolio free?

No. You never get a bill from us, but there is a cost. It sits inside the regular plan’s higher expense ratio. See what that adds up to over 10 years.

Why does the rate differ between funds?

Each fund house sets its own rates. Equity funds usually pay more than debt funds, and liquid funds pay very little. Rates also change over time.

How often do you update this page?

Every quarter, when fund houses send their new rates.

How do I know you are registered?

Search ARN-363035 on the AMFI website.

Direct vs regular mutual funds: what the difference costs you
Direct and regular plans hold the same investments. See what the cost gap adds up to over 10 years, who each plan suits, and what to check before you switch.
BayFolioBayFolio LLP

Last updated: 9 November 2026

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BayFolio LLP, AMFI-registered Mutual Fund Distributor, ARN-363035.

Rates are indicative, vary by scheme and change over time. This page is information only. It is not a recommendation to buy or sell any fund. Past performance does not guarantee future returns. Mutual fund investments are subject to market risks, read all scheme related documents carefully.