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Disclaimer - Commissions earned on Mutual Funds: Liquid - 5 bps to 10 bps  Ultra short term funds - 20 bps to 50 bps Arbitrage funds - 30 bps to 70 bps Long term debt - 25 bps to 1% Equity funds - 0.7% -1.5% Balanced / hybrids - 0.7% to 1.25%