Anàlisi global de les diferents entrevistes

FIXED MANAGEMENT FEE: If the initial investment is greater than Rs. 1 Crore, the investor has an option, where Fixed management fee charged will not exceed 0.5% p.a. which is @ 0.125% at the

end of every quarter on the daily average Net Asset Value of the Portfolio (inclusive of all securities and cash/bank balance).

PERFORMANCE FEE: The Performance fee in this option is not exceeding 15% of incremental gains beyond annualized hurdle rate of 0% on the basis of High Water Mark Principle over the life of the investment. The performance fee will be computed at the end of every financial year on financial year basis. However, in case of withdrawal before 12 months: a) the higher of the 15% performance fee and 0.5% flat fixed fee or b) a flat fixed fee of 2.5% will be charged on a full year basis.

Other Features

Minimum investment amount is Rs. 25 Lakhs.

The Portfolio Manager shall charge audit fees, custodial/ AMC charges and other charges/costs, attributable to the Portfolio Management Services at actual.

Any charges payable for outsourced professional services like accounting, taxation, auditing, and any legal services, notarizations, etc., incurred on behalf of the Client by the Portfolio Manager, will be charged from the client on actual.

The Client will also have to bear brokerage not exceeding 2.50% of the transaction value and other incidental charges/fees/duties and taxes including Securities Transaction Tax at actual.

Liability of a client shall not exceed client’s investment with the portfolio manager.

The Client may withdraw whole or part of the Funds or securities from the Portfolio Account by giving advance notice and the Portfolio Manager will endeavor to liquidate the securities held in the Strategy and return the funds or securities of the Strategy, as the case may be, to the Client within reasonable time. The Client will not withdraw funds given earlier than 12 months from date of providing the same and in the event of a withdrawal earlier than 12 months; the complete fixed management fee or a combination of performance fee and fixed management whichever is higher will be charged, as applicable, on the funds or securities withdrawn, on a full year basis.

The Portfolio Manager will provide periodical reports as required under the Regulations at the communication address provided by the client at time of account opening. In case Portfolio Manager is unable to provide the periodic reports in physical copy, the same shall be provided to clients via email at the email id registered by clients at time of account opening.

The Portfolio Account will be audited by the Independent Chartered Accountant every year and copy of the Certificate issued by the Chartered Accountant will be given to the Client.

2.K-Aggressive Introduction

The K-Aggressive portfolio is designed to provide a balance between growth, safety and returns. This is achieved by investing in well-researched companies and employing a strategy of systematic profit booking.

Investment Objective

The investment objective of the Strategy is to provide a balance between growth, safety and returns. In our stock selection process we will continue to focus on companies which qualify in the three key attributes – Management, Business and Valuation.

Investment Horizon and Risk Return Profile

This Portfolio is recommended for investors seeking to hold a diversified equity portfolio with moderate risk appetite expecting a moderate return over medium term horizon.

Asset Allocation

The Portfolio will seek to remain substantially invested in Equities or Equities related instruments at all times. The cash in the portfolio may be invested in Liquid Funds or Liquid Bees.

Securities

Investments will be made in Stocks, Mutual Funds and Exchange Traded Funds (ETF). The Portfolio will also use derivative instruments – Futures and Options – for hedging and rebalancing of the portfolio. Derivative Instruments shall, however, not be used in case of NRI investors.

Investment in equities will be valued on the closing price of that equity at NSE. In case of investments in any stocks listed on BSE only, the same will be valued based on the closing price of that equity in BSE. Investment in “Futures and Options”, used for hedging, shall be valued at actual cash margins paid against F&O contracts, summed with Mark to Market profit / loss computed on the basis of closing price of such contracts.

Fees and Expenses

A placement fee not exceeding 3% on the investment will be charged over and above the Fixed Management Fee and Performance fee as defined below.

Option 1: Fixed Management Fee upto 2.50% p.a.

The Fixed fees for the K-Aggressive Portfolio (without profit sharing) charged by the Portfolio Manager will not exceed 2.50% p.a. charged @ 0.625% at the end of every quarter on the daily average Net Asset Value of the Portfolio (inclusive of all securities and cash/bank balance).

In case of, withdrawal before 12 months a fixed fee of 2.5% will be charged on a full year basis. Option 2: Fixed Management Fee upto 1.00% p.a. & Performance fee upto 20%

The Fixed fees for the K-Aggressive Portfolio (with profit sharing) charged by the Portfolio Manager will not exceed 1.00% p.a. charged @ 0.25% at the end of every quarter on the daily average Net Asset Value of the Portfolio (inclusive of all securities and cash/bank balance).

The Performance fees charged will not exceed 20% of incremental gains beyond annualized hurdle rate not exceeding 10% on the basis of High Water Mark Principle over the life of the investment. The performance fee will be computed at the end of every financial year on financial year basis. However, in case of withdrawal before 12 months, the higher of : a) 20% performance fee and 1.0% flat fixed fee or b) a flat fixed fee of 2.5% will be charged on a full year basis.