Brokerage Structure - aramanagementsolutions.com

1 UpfrontBrokerage 1st Year Trail 2nd Year Onwards TrailTata Retirement Savings Fund -PPRefer Retirement Savings Fund -MPRefer Retirement Savings Fund -CPRefer Young Citizens FundRefer India Tax Savings FundRefer Mid Cap Growth Fund1% - 365 Days Dividend Yield Fund1% - 365 Ethical Fund1% - 365 Days Equity P/E Fund1% - 365 Days Large Cap Fund1% - 365 Equity Opportunities Fund1% - 365 Balanced Fund1% - 365 Days Regular Savings Equity Fund1% - 365 Days Banking & Financial Services Fund 1% - 90 Days Digital India Fund 1% - 90 Days India Consumer Fund 1% - 90 Days India Pharma & Health Care Fund 1% - 90 Days Resources & Energy Fund1% - 90 Days Infrastructure Fund1% - 365 Index Fund - NIFTY - 7 Index Fund - SENSEX - 7 Short Term Bond - 30 Dynamic Bond - 180 Income - 365 Income Plus - 365 Gilt Mid Term Gilt Securities - 180 Gilt Short Maturity Floater Treasury Manager Money Market Liquid Fund Liquidity Management >Rs5 CrstheB-15 Specialincentivewillbepaidas1/12thportio neachmonthforatotalof12monthsperiodAmoun t invested in TATA India Tax Savings Fund will remain locked in for 3 years from the date of allotmentThe above Structure is

2 Applicable for both Lump Sum as well as SIP/STP TransactionsGilt FundsUltra Short FundsLiquid FundsNotes:All trail rates are payable in apm mode. DOA stands for the Date of allotmentThe above Structure is applicable for any application amount (subject to Minimum application amount criteria of respective scheme)In case of Tata Retirement Savings Fund (all plans/options), upfront Brokerage /B-15 incentive is not applicable for the Investor of Age 60 years and above. Further in case of SIP/STPs, registered before investors attains 60 years of age, NO UPFRONT, B-15 INCENTIVE Shall be payable for installments falling due after the investor attains the age of 60 years, Debt FundsBrokerage StructureApplicable from 1st April 2016 to 30th June 2016 Scheme NameExit LoadT - 15 & B - 15 Special Incentive (B-15)Equity FundsELSSI ndex FundsSolutionsOwn a Piece of India (OAPI) Schemes12.

3 TATA AMC reserves the right to modify, withdraw or suspend the Brokerage Structure at any payments. Such Change would be applicable for remaining SIP/STP installments Please read the latest SID and addendums carefully to confirm the scheme ,2002andAMFI'ssubsequentcirculars, is not payable for investment made by sponsor(s) of TATA (d) ,2009,thedistributorsshoulddiscloseallth ecommissions(intheformoftrailcommissiono ranyothermode)payabletothemforthediffere ntcompetingschemesofvariousmutualfundsfr omamongstwhichtheschemeisbeingrecommende dtotheinvestor. Distributors are advised to ensure strict compliance of the of such distributors found involved in any malpractice may be ;Bangalore;Baroda;Chandigarh;Chennai;Hyd erabad;Jaipur;Kanpur;Kolkata;Lucknow;Mum bai(includingNaviMumbai NewDelhi(includingNCR);Panjim; Pune & Surat2.)

4 Brokerage Structure for Top 15 & Beyond 15 Locations: (a) Top 15 locations - will be offered Upfront + Trail commission as applicable. Beyond 15 locations would be offered Upfront + Trail commission + Special incentive for B-15 as applicable.(b)Upfrontcommissioniswithpro portionateClawback,ifredeemedwithintheex itloadperiodoftheschemeexcept"TataRetire mentSavingsFund"(TRSF).ForTRSF,clawback will be applicable if redeemed before 24 Months from the date of Allotment.(c)SpecialIncentive(forBeyond1 5cities)iswithCompleteClawback,ifredeeme dwithinoneyearofallotment,exceptTRSF,for TRSF,clawbackwillbeapplicableifredeeemed before 24 months from the date of The proposed Brokerage Structure is applicable for regular plan only.

5 NO Brokerage / commission (Upfront, Trail, Special Incentive) will be payable on Direct Plans4. Switches :(a)ForswitchesbetweenEquityFunds/Soluti onsFund/ELSS/OAPI schemes,upfrontcommissionwillbepayableon lyoninvestmentswhichhavecompleted1yearfr omthedate of allotment. No Special Incentive for Beyond 15 locations would be payable on trail will be paid as per the applicable Brokerage Structure . (b)ForallswitchesfromDirectPlantoExistin gRegularPlan(PlanA) incentive for B-15 locations will be payable on such Trail :(a)Firstyeartrailcommissioniscalculated fromthedateoftheallotmenttilltheendofthe firstyearofinvestmentortilltheinvestorst aysinvestedinthescheme,whicheverisearlie r and is calculated on pro-rata basis, by taking the average of net asset value during the period under consideration and on the outstanding units.

6 (b) , in the scheme or for the specific period mentioned in the commission Structure applicable to the ,levies, ,thesamewillbedeductedfromthepayment of the & (T-15)asprovidedbyAMFI&Beyond-15 Locations(B-15).