About Phelix Capital
Phelix Capital is a trade name used by Shobhit Bhansali.
AMFI Registered Mutual Fund Distributor
ARN: 358543
Validity: 09 April 2029
Shobhit Bhansali (under the brand name Phelix Capital) facilitates investments in mutual fund schemes offered by various Asset Management Companies ("AMCs").
How We Are Compensated
Shobhit Bhansali or Phelix Capital receives commissions and/or trail commissions from Asset Management Companies for distributing mutual fund schemes.
Such commissions are paid by the respective AMCs and are generally built into the total expense ratio (TER) of the mutual fund scheme in accordance with applicable regulations.
Investors do not pay any separate distribution fee directly to Shobhit Bhansali or Phelix Capital unless specifically disclosed otherwise.
Nature of Commissions
Compensation received by Shobhit Bhansali or Phelix Capital may include:
- Upfront commissions (if permitted under applicable regulations);
- Trail commissions;
- Incentives, reimbursements, or support programs offered by AMCs in accordance with applicable laws and regulations.
The amount of commission may vary across:
- Asset Management Companies;
- Mutual fund categories;
- Individual schemes;
- Investment products.
Conflict of Interest Disclosure
Because Shobhit Bhansali or Phelix Capital receives commissions from AMCs, a potential conflict of interest may exist.
Shobhit Bhansali and Phelix Capital endeavour to recommend mutual fund schemes based on factors including:
- Investor suitability;
- Investment objectives;
- Risk profile;
- Investment horizon;
- Portfolio diversification considerations;
- and not on the basis of commissions received.
However, investors should be aware that commissions may vary between schemes and AMCs.
No Additional Cost to Investors
Commission payments received by Shobhit Bhansali or Phelix Capital are made by the respective Asset Management Companies and do not result in any separate fee being charged directly to investors unless specifically agreed and disclosed.
Investor Choice
Investors are free to:
- Invest through Shobhit Bhansali;
- Invest through another distributor;
- Invest directly with the Asset Management Company under the Direct Plan option where available.
Investors should evaluate the services offered and choose the investment route most suitable to their requirements.