Q: What happens if I do not act on the recommendations after paying the Advisory fee?

• Related Articles

• Q: How is the advisory fee calculated initially?

  A: The initial advisory fee is calculated based on the client’s total capital contribution (initial investment). • Initial Investment: ₹5,00,000 • Advance Annual Advisory Fee: ₹7,500 (excluding GST) • Calculation: ₹5,00,000 × 1.50% = ₹7,500 + 18% GST ...

• 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 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advance fee will be refunded on a pro-rata basis (from the date of withdrawal to the account anniversary) only if the withdrawn amount is part of the original capital on which the fee was charged.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: When does Samvitti start sending investment recommendations to clients?

  A: We begin sending investment recommendations on the same working day after receiving the Account opening charges and Advance advisory fees for one year from the investor.