Portfolio Management Services

PMS Fee Calculator

An illustration of the fees and charges applicable to your PMS portfolio across three return scenarios, based on the APMI standardised fee-calculation methodology. This is an illustration only; actual fees are governed by your PMS agreement.

Entity: Finnovate Investment Managers Private LimitedSEBI PMS Reg. No.: INP000010104

  Download APMI fee calculator (Excel)

Assumptions

Defaults follow the APMI illustration. Management fee is charged on the average AUM (net of brokerage). Performance fee applies only if the gross portfolio value exceeds the High Water Mark plus the hurdle rate. First-year High Water Mark is assumed to be the capital invested.

Fee illustration — one year

Three scenarios on your capital: Gain +20% Loss −20% No change

ParticularsGain +20%Loss −20%No change

All fees and charges are exclusive of, and subject to, GST. Returns are assumed to be generated linearly through the year. "Other Expenses" includes account opening charges, stamp duty, audit fee, bank charges, fund accounting, custody and demat charges or other miscellaneous expenses. Brokerage and transaction costs are charged on actual trades; here they are illustrated on average AUM.

Notes & related links