Annual Advisory Comprehensive Engagement fees : 

Asset Under Advice                                         Annual Advisory Fees p.a in INR

Upto Rs. 50 lakhs                                                Rs. 25,000/-

Above Rs. 50 lakhs                                              0.50% of Asset Under Advice

Annual Advisory Lite Engagement fees:

Total Financial Wealth                                   Annual Advisory Fees p.a. in INR

Upto Rs. 1 Cr                                                        Rs. 25,000/-

Rs.1 Cr to Rs.5 Cr                                                 Rs. 50,000/-

Rs. 5 Cr to Rs. 10 Cr                                             Rs. 1,00,000/-

Rs. 10 Cr to Rs. 25 Cr                                           Rs. 2,50,000/-

Set up fees: 

New clients opting for Annual Advisory Engagement(Comprehensive and Lite) or clients joining back after a break will have to pay set-up fees. One time charges for the same would be Rs. 10,000/-  . This would cover initial discussions, review of the existing portfolio, account set-up and documentation work.

One Time Advise:

a) Time basis – Rs 3,000/- for upto 60 minutes and in multiples thereof.

b) Project based -between Rs 10,000/- to Rs 25,000/- per assignment for maximum 30 days.

Note:

1. We do not earn brokerage/commissions on our recommendations and advise.
2. Assets Under Advice for Annual Advisory Comprehensive Engagement include only financial assets like Mutual Funds, Listed securities like stocks, ETFs, Bonds, debentures, REIT’s/InvITs, Gold holdings in financial form (SGB), PMS, AIF’s and structured Real Estate. One can safely exclude banking products, Postal savings Scheme, Senior Citizen Savings Schemes, PPF, Employer benefits including NPS and ESOPs, Traditional & Market Linked (ULIPs)Insurance, Pension/Annuity Plans, Jewelry and Real Estate holdings. Also, client managed some direct stock and mutual fund portfolio could be excluded if the client does not want restructuring/review on the same. Mutual Funds in Regular Option would also not be counted for Asset Under Advice if no advice is sought on the same. However, Mutual Funds in regular option which requires our expertise would be charged review and restructuring fees. It could be noted that for Annual Advisory Lite Engagement clients total financial wealth includes all financial assets excluding Real Estate and Employer Terminal Benefits.
3. Valuation of Assets/Wealth (for fee calculation) would be done in the beginning of the term which could be every quarter/6month/ year as the case may be. This could be done with mutual consultation with the client. Investments proposed in the term could also be added to Asset Under Advice.
4. Government Levies: 18% GST charges would be over and above the quoted fees/ installment dues.
5. Annual fees could be paid annually in advance or in half yearly or quarterly installments. This would be based on the asset under advice/ total financial wealth for that term. Other fees are to be paid upfront.
6. Fees paid after the due date will have 10% escalation during the grace period of 15 days.
7. The fees are quoted per client family. Family constitutes of an individual, spouse and dependent children. Children having independent income would be billed separately based on their wealth.
8. All regulatory documentation and compliance as per SEBI Investment Adviser guidelines have to be completed before engaging with us.
9. It would be advisable to pay the advisory fees from the portfolio and not from the personal cash flows so that the net portfolio performance is considered after fees.

If you need further clarification or have questions, please feel free to contact us: 9740457582 / 9686694288, Email: assistant@naveenrego.com

Naveen Julian Rego -CFP®

MD & Principal Officer

20th June, 2024