Fee Schedule For PMS

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Direct Option

Option 1
Fixed Management Fee only
Option 2
Management Fee + Performance Fee
Management Fee of 1.5% p.a. of the AUM will be charged on a monthly basis on each day end value.

Management Fee of 1% p.a. of the AUM will be charged on a monthly basis on each day end value AND

Performance Fees of 10% of profits (without offset of Management fee) above a hurdle rate of 10% p.a.

*In case of pre-closure, the hurdle rate for all the options will be 8% p.a. and the fee offset benefit of Management Fees, (wherever applicable) will not be available.