The
subscription charges vary from basket to basket and are decided by the creator.
Equity
Baskets can be charged in 2 ways; AUM-based or Flat fee-based
- AUM-based Equity
Baskets are charged on the average monthly AUM of one’s portfolio.
- For e.g. Equity Basket 'X' is charged at an upfront fee of Rs 250/- and 1.5% of the investment amount which is charged from the client every month on his/her investment value.
- Here, a fee of Rs.250 will be charged upfront during
the subscription as one-time fee. Once invested, the subscription fee will be
collected every month on the subscription start date (1.5% of the average
monthly AUM divided by 12).
- Flat fee-based Equity
Baskets, as the name suggests, collect a flat fee at the beginning of the
service. For e.g. Equity Basket 'Y’ is charged at Rs. 2499/- for 3 months of
subscription.