Regulatory Disclaimers & Disclosures
Transparency and compliance with SEBI and AMFI guidelines are fundamental to how Merchant Wealth operates.
Registration Status
Entity / Sole Proprietor: Hasan Merchant (operating as Merchant Wealth)
AMFI Registration Number (ARN): ARN-347114
Category: AMFI-Registered Mutual Fund Distributor (Individual)
Verification: You can verify our ARN registration details directly on the official AMFI Locate Distributor Portal .
Regulatory Scope of Services
Merchant Wealth is an AMFI-Registered Mutual Fund Distributor. We provide financial education, investment execution, and ongoing folio tracking services for mutual funds. We are NOT a SEBI-registered Investment Adviser (RIA) or Research Analyst (RA). We do not offer fee-based investment advisory services, nor do we provide Portfolio Management Services (PMS). If you require fee-only, comprehensive financial planning where an adviser charges a direct consultation or percentage fee without receiving distributor commissions, you should consult an independent SEBI-registered Investment Adviser.
Commission & Remuneration Disclosure
In accordance with SEBI circulars and AMFI code of conduct, all mutual fund distributors are required to disclose commission structures to investors.
Merchant Wealth facilitates investments in Regular Plans of Mutual Funds. As a distributor, Merchant Wealth receives trail commission directly from the Asset Management Companies (AMCs) out of the scheme's Total Expense Ratio (TER).
- Direct cost to investor: ₹0. We do not charge investors any upfront advisory or transaction fees.
- Trail Commission: Commissions vary between 0.10% to 1.25% p.a. depending on asset class (equity, debt, hybrid, liquid) and AMC scheme structures. Scheme-specific commission rates are available upon request.
Direct Plans vs. Regular Plans
Investors should be aware that all mutual fund schemes offer two route options:
Direct Plans
Purchased directly from the AMC or via direct platforms. They have a lower Total Expense Ratio (TER) because no distributor commission is paid. Investors manage their own selection, execution, and paperwork.
Regular Plans
Purchased through AMFI-registered distributors like Merchant Wealth. Distributor trail commission is included in the TER. In return, investors receive guided onboarding, risk assessment frameworks, ongoing folio monitoring, and customer support.
Investors have the absolute right to choose between Direct and Regular plans.
Conflict of Interest & External Affiliations
Hasan Merchant is professionally associated with Wint Wealth (a financial technology platform for debt and fixed-income assets). Any mention, article, or content relating to bonds, fixed income, or alternative instruments on this website or in our newsletter is strictly for educational and informational purposes. Merchant Wealth does not solicit, execute, or sell debt securities under its mutual fund distribution ARN. Investors are urged to independently review product risks before investing in any fixed-income products.
Mutual Fund Market Risk Notice
Mutual Fund investments are subject to market risks. Please read all scheme-related documents—including the Scheme Information Document (SID), Key Information Memorandum (KIM), and Statement of Additional Information (SAI)—carefully before investing.
Past performance of any mutual fund scheme or index is not indicative of future results. NAVs may go up or down based on market forces. Merchant Wealth does not guarantee any specific returns, capital preservation, or risk-free outcomes.
Safety of Units & Folio Ownership
Merchant Wealth never holds or touches investor funds. All financial transactions are executed directly with the respective Asset Management Companies (AMCs) or through regulated exchange/clearing platforms (such as BSE StAR MF / NSE NMF II). Units are credited directly to your folio registered with the registrar and transfer agents (CAMS / KFintech) or in your depository demat account.