ABCDEFGHIJKLMNOPQRSTUVWXYZ
1
NOTE TO VIEWER: Please download the copy of this file for personalized simulation
2
3
Assumptions
4
Capital Contribution (Rs.)a10,000,000
5
Management Fee (%age per annum)b2.50%
6
Other Expenses c0.50%
7
Brokerage and Transaction costd0.20%
8
9
Fixed Fee IllustraionScenario 1Scenario 2Scenario 3
10
Gain of20%Loss of-20%
No Change
0%
11
Capital Contributed / Assets under Management ii = a10,000,000 10,000,000 10,000,000
12
Gain / (Loss) on Investment based on the Scenario iiii= i*Scenario2,000,000 -2,000,000 -
13
Gross Value of the Portfolio at the end of the year iiiiii= I + ii12,000,000 8,000,000 10,000,000
14
15
Average assets under management iviv= (i + iii) / 211,000,000.00 9,000,000.00 10,000,000.00
16
17
Other Expensevv= iv x c-55,000 -45,000 -50,000
18
Brokerage and Transaction costvivi = (iv x d)-22,000 -18,000 -20,000
19
Management Fees viivii = (iv + v + vi) x b-273,075 -223,425 -248,250
20
Total charges during the year viiiviii = v + vi + vii-350,075 -286,425 -318,250
21
22
Net value of the Portfolio at the end of the year ixix = iii + viii11,649,925 7,713,575 9,681,750
23
% Portfolio Return xx = ((ix - i) / i) %16.50%-22.86%-3.18%
24
25
Notes:
26
1In the illustration, Management fee is assumed to be charged annually. However, the Portfolio Manager can charge fee at any frequency i.e. Daily, Monthly, Quarterly, Semi-annually, Annually or at any other frequency as defined in the PMS agreement and as permitted under SEBI regulations.
27
2Portfolio Manager can charge Management Fee on Average portfolio value for the management fee period or the closing portfolio value or in any other manner as defined in the PMS agreement.
28
3Returns are assumed to be generated linearly through the year.
29
4Other Expenses includes Account Opening charges, stamp duty /Audit Fee/ Bank charges / Fund Accounting charges / Custody Fee / demat charges or other miscellaneous expense
30
5Brokerage and transaction cost for the illustration purpose is charged on the Average AUM. However, Brokerage and Transaction cost are charged on basis the actuals trades.
31
6All Fees and charges are subject to GST.
32
7This is only a generic illustration, each portfolio manager can modify the illustration as per the terms and condition of their PMS agreement.
33
8Portfolio Managers are advised to also refer to the illustrations provided in Annexure 4A of Master Circular for Portfolio Managers dated June 07, 2024.
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100