FAQ

About Wizr

How do you pronounce Wizr?

It’s “why-zer” — we get this question a lot!

What does the “^” on your logo mean?

The “^” is called a caret. In coding, it means “raised to the power of.” For us, it stands for the power of compounding—your money and our expertise, multiplied by time. That’s the magic behind Wizr^

What are the services that you offer?

We help individuals (including NRIs), families, and institutions invest in mutual funds, insurance, PMS, and AIFs. We research, screen and help you allocate your capital in an ideal mix of products that suit your goals and risk appetite. You can learn more here: https://getwizrstage.webflow.io/core-offerings

Is Wizr a mutual fund company?

No. We are registered as a distributor with Association of Mutual Funds in India (AMFI) with additional licenses and certifications to distribute insurance products in India with the Insurance Regulatory and Development Authority of India (IRDAI). We are also registered with the Association of Portfolio Managers in India (APMI) with a valid NISM-Series-XXI-A: Portfolio Management Services (PMS) Distributors Certification

How does Wizr make money? / What is your incentive?

At Wizr, we do not charge any fees to our clients. Instead, we earn a commission from Asset Management Companies (AMCs) on the products that you choose to invest in through us. This means our services come at no direct cost to you, and our incentive is aligned with helping you build and manage your investments effectively.

Typical Commission Structure (Range)

The commission we earn varies by asset class and product type. Below are the indicative ranges:

  • Equity & Equity-oriented schemes0.05% to 1.50%
  • Index Funds & Exchange Traded Funds (ETFs)0.25% to 0.75%
  • Arbitrage Funds0.50% to 0.90%
  • Fund of Funds (FoFs) & International Funds0.20% to 0.50%
  • Debt / Fixed Income Funds:

    • Liquid, Cash & Overnight Funds – 0.05% to 0.20%
    • Low Duration, Ultra Short-term & Short-term Funds – 0.10% to 0.75%
    • Long Term Funds (GILT & Income Funds) – 0.25% to 1.00%
    • Fixed Maturity Plans (FMPs) – 0.10% to 0.50%

Important Disclosures
  • Regulatory status: Wizr Wealth Pvt Ltd is registered as a Mutual Fund Distributor (MFD) under SEBI regulations (SEBI circular: SEBI/IMD/CIR No. 4/168230/09).
  • Source of data: Commission details are collated on a best-effort basis and updated based on communication received from AMCs.
  • Updates: These rates may change from time to time, depending on agreements between Wizr Wealth Pvt Ltd and the respective AMCs. Any changes will be updated on our website.
  • No separate intimation: Clients are requested to check the latest schedule on our website before making investments. Neither the Company nor its affiliates will provide separate notices of such changes beyond these updates.

Why should I trust Wizr?

You shouldn’t — until you talk to us. Transparency and trust are built through conversations, performance, and consistency.

Are you a regulated entity?

Yes, we are an AMFI-registered MFD bound by its code of conduct guidelines and regulations for ethical distribution of financial products.

Where is your office located?

We are available at No 74/1, Anjanadri Complex, Railway Parallel Road, Kumara Park West Bangalore 560020

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