Skip to content
FundRover

Statutory & Business Disclosures

Who we are, how we are paid, and what this website is not.

AMFI and SEBI regulations require mutual fund distributors to state their registration status, institutional relationships, and compensation mechanisms in plain English. FundRover publishes this in full, unprompted.

Why this page exists

SEBI and AMFI require every mutual fund distributor to disclose their registration status, the AMCs they are empanelled with, and the commission-based nature of their compensation, so that investors can identify potential conflicts of interest and make an informed choice. This page goes beyond the minimum requirement: instead of sharing empanelment details only on request, FundRover publishes the complete, up-to-date list here for anyone to see.

Registration Details

Namit Thakkar is an AMFI-Registered Mutual Fund Distributor holding ARN-96522. Verify this registration directly on AMFI's official distributor locator. FundRover is a trade name used for this mutual fund distribution practice. It is not a separate corporate entity or a SEBI-registered intermediary in its own right.AMFI's official distributor locator

Not a SEBI-Registered Investment Adviser (RIA)

Namit Thakkar is not registered with SEBI as an Investment Adviser (RIA). Under SEBI regulations, a person distributing mutual funds cannot use titles such as "Financial Planner", "Financial Advisor", "Independent Financial Adviser", or "Wealth Adviser" unless separately registered as an Investment Adviser. FundRover does not use those titles. Guidance offered here is incidental to mutual fund distribution, not a substitute for fee-only holistic financial planning.

How FundRover is Compensated (Conflict of Interest Disclosure)

Crucial

Zero Direct Fee: No fee or advisory charge is ever billed directly to the client/investor.

Trail Commissions: When you invest in a Regular Plan of any mutual fund scheme through this ARN (96522), the Asset Management Company (AMC) pays an ongoing trail commission to Namit Thakkar. This commission is deducted automatically from the scheme’s Total Expense Ratio (TER) as permitted by SEBI.

Regular vs Direct Plans: Direct plans of the exact same mutual fund scheme carry a lower Total Expense Ratio because they do not pay any distributor commission. Over long compounding horizons, this expense difference impacts overall returns. This is an inherent, structural conflict of interest in regular plan distribution, which is why FundRover discloses it openly and plainly so you can evaluate our ongoing servicing value with complete clarity.

Scope of Guidance

Scheme suggestions and portfolio shortlists are provided solely as incidental to mutual fund distribution, intended to help match you with suitable options identified through your risk profile questionnaire. It does not constitute individual stock research, derivatives advice, discretionary asset management, or tax filing advice. All units are held in your own name directly with the AMC and RTAs (CAMS / KFintech).

Market Risk & Tax Information

Mutual fund investments are subject to market risks; please read all scheme-related documents (SID/KIM) carefully before investing. Calculators on this site are arithmetic simulations using hypothetical compounding assumptions and do not guarantee future returns. Mentions of tax provisions (such as Section 80C, ELSS 3-year lock-in, LTCG / STCG rates) are purely educational. Consult a qualified Chartered Accountant (CA) for personal tax filings.

Mutual Fund AMCs Empanelled (24)

Asset Management Companies authorized for transaction routing under ARN-96522.

Showing 24 of 24

  • Abakkus Mutual Fund Empanelled
  • Aditya Birla Sun Life Mutual Fund Empanelled
  • ASK Mutual Fund Empanelled
  • Axis Mutual Fund Empanelled
  • Bajaj Finserv Mutual Fund Empanelled
  • Bandhan Mutual Fund Empanelled
  • Baroda BNP Paribas Mutual Fund Empanelled
  • DSP Mutual Fund Empanelled
  • Edelweiss Mutual Fund Empanelled
  • Franklin Templeton Mutual Fund Empanelled
  • HDFC Mutual Fund Empanelled
  • ICICI Prudential Mutual Fund Empanelled
  • JioBlackRock Mutual Fund Empanelled
  • Kotak Mutual Fund Empanelled
  • LIC Mutual Fund Empanelled
  • Nippon India Mutual Fund Empanelled
  • PPFAS Mutual Fund Empanelled
  • SBI Mutual Fund Empanelled
  • Sundaram Mutual Fund Empanelled
  • Tata Mutual Fund Empanelled
  • Taurus Mutual Fund Empanelled
  • The Wealth Company Mutual Fund Empanelled
  • Union Mutual Fund Empanelled
  • UTI Mutual Fund Empanelled

Namit Thakkar · namit.thakkar@fundrover.in · +91 99587 69204