Value Research Fund Advisor Fee Structure

Quarter will be the three-month period starting from the date of subscription and each subsequent three-month period till the subscription remains in force. For example, for a subscription beginning on 15 May 2024, the first quarter will be the period starting from 15 May 2024 and ending on 14 August 2024.

Similarly, a year will be the 12-month period starting from the date of subscription and each subsequent 12-month period till the subscription remains in force.

At the end of each quarter/year, the subscription will be automatically renewed till the subscriber opts to cancel it.

The payment will be charged automatically in advance at the start of every subscription period till the subscription remains in force.

Independent Advisors Private Limited reserves the right to revise the fee charged, the frequency of charging it and/or the mode of charging it (fixed fee mode or Assets under Advice mode) at its sole discretion.

Any such revision shall be intimated to the subscriber in writing, either by way of email or on the Operator’s website/app.

The continuity of subscription by the subscriber upon such revision in the fee structure shall be deemed as his/her acceptance of the revised fee. All new subscriptions will be billed as per the revised fee structure from the date it comes into effect.

In case of renewals of existing subscriptions,

• any revisions to the amount of fee and/or the frequency of charging the fee will be effective from the date the revised fee structure comes into effect.
• any revisions to the mode of charging fee (fixed fee mode/Assets under Advice mode) will come into effect only at annual intervals from the date of subscription. For example, for a subscription beginning on 15 May 2024, any change to the mode of charging the fee within the next one year period will only come into effect on 15 May 2025.

Refunds will be governed by our Refund and Cancellation policy.