Q: How is the advisory fee calculated initially?

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• Q: How is the advisory fee calculated for top-ups (Additional Investment)?

  A: Aggregate value of Top-ups crossing the ₹1 lakh threshold will be charged an advisory fee of 1.50% per annum, calculated on a pro-rata basis from the date of the top-up to the client's account anniversary date.

• Q: Is advisory fee refunded if I withdraw part of my investment?

  A: In case of partial withdrawals, the advance fee will be refunded on a pro-rata basis (from the date of withdrawal to the account anniversary) only if the withdrawn amount is part of the original capital on which the fee was charged. Example 1: If ...

• Q: Will my advisory fee change each year based on my portfolio value?

  A: Yes. At the beginning of each annual fee cycle (on the account anniversary date), the capital base is reset to the current portfolio value for the subsequent year, and the fee for the next year is calculated accordingly.

• Q: Will withdrawals affect the advisory fee?

  A: Yes. At each anniversary date, the capital base is reset after accounting for any withdrawals. The fee for the next cycle is based on the net portfolio value.

• Q: How is the refund adjustment calculated when a client withdraws partial funds before the account anniversary date?

  A: When clients withdraw funds before the account anniversary date, pro-rata fee refund will be applicable for the withdrawn amount, covering the period from the date of withdrawal to the account anniversary. The exact refund amount will be ...