Calculator

First Global PMS Fees Calculator

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This calculation is generated on 31-Mar-2025, 11:45:44 AM

Particular Calculation for 1st Year (INR) Calculation for 2nd Year (INR) Calculation for 3rd Year (INR)
Capital Contribution 5000000.00 5000000.00 5000000.00
Assets Under Management 5000000.00 4965050.00 4930344.30
A Less: Brokerage and Statutory charges(assumed @ 0.2%) 10000.00 9930.10 9860.69
Assets under management after Brokerage and Statutory charges 4990000.00 4955119.90 4920483.61
Add/Less: Profits/Losses on investment during the year on assets under management 0.00 0.00 0.00
Gross Value of the portfolio at the end of the year 4990000.00 4955119.90 4920483.61
B Less: DP charges, Custodian fee and any other similar charges (assumed @ 0.5%) 24950.00 24775.60 24602.42
Gross Value of the portfolio after Brokerage, Statutory charges, DP charges, Custodian fees and any other similar charges 4965050.00 4930344.30 4895881.19
C Less: Management Fees (0% of Asset under Management) 0.00 0.00 0.00
Portfolio Value after charging Fixed Management Fees 4965050.00 4930344.30 4895881.19
Hurdle Rate: 0.00% 0.00 0.00 0.00
Portfolio Value after hurdle rate (Capital Contribution + Hurdle Rate 0.00% on capital contribution) for calculation of return above Hurdle Rate 0 0.00 0.00
Return above hurdle rate 0 0.00 0.00
D Less: Performance fee — 0.00% of returns in excess of hurdle rate of 0.00% (with High watermark and no catch-up) 0.00 0.00 0.00
Portfolio Value after charging 0.00% Performance fees 4965050.00 4930344.30 4895881.19
% Change over Asset under management -0.70% -0.70% -0.70%

*Performance shall be computed on the basis of high water mark principle over the life of the investment for charging of performance / profit sharing fee. High Water Mark shall be the highest value that the portfolio/account has reached. Value of the portfolio for computation of high watermark shall be taken to be the value on the date when performance fees are charged. The performance fees will be charged on crossing of Hurdle Rate of the NAV of Portfolio. The performance fees shall be charged annually. The portfolio manager shall charge performance based fee only on increase in portfolio value in excess of the previously achieved high water mark.

(Please refer to Annexure 1 for Illustrations on the Fees and Charges & Annexure 2 for Calculation of High Water marking and Performance based Management Fees.)

Any other incidental or out of pocket expenses incurred on behalf of client under this DPMS Agreement shall be charged on actual. The Fees and other Charges are subject to revision from time to time with the consent of the Client.

As given in the fee structure above, the management fees will be debited on a monthly basis on the average daily AUM in the client’s account.

Please note that for the sake of this illustrations, the management fees has been charged annually, while actually it will be charged on a monthly basis.

Further, please note that this is only an illustration to show the return calculation in assumed scenarios and does not reflect the actual performance numbers.

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