ICICI Bank Mutual Fund Disclosure
Commissions
In accordance with the extant regulations (SEBI circular: SEBI/IMD/CIR No. 4/ 168230/09 and RBI guidelines on Marketing or Distribution of Mutual Fund or Insurance etc., dated 16 November 2009.) following are the details of the comparative commission earned by the Bank from various fund-houses, whose products are being distributed:
| Commission Disclosure (Jan 2026 - Mar 2026) | ||
|---|---|---|
| Fund Schemes | Minimum 1st Yr Trail | Maximum 1st Yr Trail |
| Arbitrage Fund | 0.20% | 1.50% |
| Asset Allocation Fund | 0.30% | 1.65% |
| Bond Funds | 0.03% | 1.30% |
| Children’s Fund | 0.65% | 2.00% |
| ELSS | 0.75% | 1.75% |
| Equity | 0.01% | 1.95% |
| Floater Fund | 0.17% | 0.48% |
| FoFs (Overseas or Domestic) | 0.02% | 1.30% |
| Gilt Fund | 0.10% | 1.00% |
| Hybrid | 0.30% | 1.70% |
| Index Funds or ETFs | 0.00% | 1.75% |
| Liquid or Overnight or Money Market Fund | 0.00 % | 0.55% |
| Low or Medium or Long Duration Fund | 0.00% | 1.40% |
| Retirement Fund | 0.79% | 2.00% |
ICICI Bank Limited is an “AMFI - Registered Mutual Fund distributor”
Detailed commission for each AMC, Click here (PDF, 94.08 KB)
The above-mentioned rates are subject to change without any prior consent and at the discretion and agreement between ICICI Bank and the respective AMCs.
ICICI Bank distributes Mutual Fund schemes of its subsidiary, ICICI Prudential Asset Management Company and receive commissions/trail fees for distributing their mutual fund schemes
Transaction Charges
With effect from 01 October 2013, ICICI Bank has 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 01 October 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 advise of tax, legal, accounting, financial or other professionals) prior to taking any decision, acting or omitting, to act on the basis of the information contained therein.
Key risk disclosures as mentioned in the Scheme Information Document (SID), Statement of Additional Information (SAI), and Key Information Memorandum (KIM) include:
- Returns are subject to market risk and investors may lose part or all of their capital due to market volatility, force majeure events, changes in political/economic environment, default by issuers, bankruptcy/insolvency of issuers, or portfolio segregation by the AMC in certain circumstances.
- Subscriptions to New Fund Offerings (NFOs) carry risks such as price volatility, liquidity risk, and delisting risk.
- Redemption facility may be suspended in case the scheme faces a liquidity crisis.
- Schemes may be wound up due to illiquid instruments, unusually high redemption requests, or unforeseen market events.
2) ICICI Bank is acting merely as a distributor of third parties for Mutual Funds and any investment in such third party products or services shall constitute a contract between the investor and the third party. ICICI Bank shall not be liable or responsible for any loss resulting from third party's products or services. The products, services and benefits referred to herein are subject to the terms and conditions governing them as specified by ICICI Bank or third party from time to time.
3) ICICI Bank is a distributor of Mutual Funds, the transactions are done on "Execution only" basis unless otherwise agreed between ICICI Bank and customer.
4) As per SEBI circular no. SEBI/HO/IMD/DF2/CIR/P/2020/175 dated 17 September 2020 read with circular no. SEBI/HO/IMD/DF2/CIR/P/2020/253 dated 31 December 2020, effective from 01 February 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).
5) Investor shall be responsible to ensure that the Mutual Fund application form is complete and all details as required are duly filled in. ICICI Bank is not liable for any consequence in case any of the particulars provided are false, incorrect or incomplete.
6) In the event investor gives direct instruction to the AMC or their agents, ICICI Bank may not be held/responsible in this regard for any reason whatsoever.
7) Based upon the category of the branch that is accepting the MF application form, the customer will be given an indicative timelines within which the form will reach the nearest collection center of the AMC or Registrar. The Bank has identified the following timelines for the branches:
Metro : Within T+1 working days
Urban : Within T+1 working days
Semi Urban : Within T+3 working days
Rural : Within T+3 working days
The above mentioned timelines are excluding Saturdays and Sundays.
Information on Mutual Funds
Daily NAV of various Mutual Fund schemes
Scheme portfolio and other scheme related details of various Mutual Fund schemes
Mutual Fund investments are subject to market risk. Read all scheme related documents carefully.
ICICI Bank Limited is an AMFI-registered Mutual Fund distributor and SIF Distributor. AMFI Registration Number (ARN) 0020. The initial registration date for ARN-0020 is 19 February 2007 and the current validity of the ARN is 18 February 2027.