Avendus Wealth Management Private Limited

Item 5     Fees and Compensation
In addition to the information provided in Item 4 – Advisory Business, this section provides additional
details regarding our firm’s services along with descriptions of each service’s fees and compensation
arrangements. It should be noted that lower fees for comparable service may be available from other
sources. The exact fees and other terms will be outlined in the agreement between you and Avendus
Wealth Management.
Fees for Individual Portfolio Management and for Investment Advisory Services
Our annual fees for Portfolio Management and Investment Advisory Services are based upon a
percentage of assets under management and generally range from 0.5 p.a. % to 2.50% p.a. in case of
Investment Advisory Services and a maximum of 6% in case of Portfolio Management Services. Our
fees are divided and billed, quarterly/monthly in arrears, at the end of each quarter based upon the average
value (market value or fair market value in the absence of market value), of the client's account. Fees will
be debited from the account in accordance with the client authorization in the Portfolio Management
Agreement.
A minimum of Approx USD 52,823.80 (INR 5,000,000) (Foreign currency conversion rate as on
March 30, 2026) of assets under management is required to work with our firm. This account size may
be negotiable under certain circumstances. Avendus Wealth Management Private Limited may group
certain related client accounts for the purposes of achieving the minimum account size and determining
the annualized fee, subject to applicable laws.
Compensation in Addition to Management/Advisory Fee. In addition to or in lieu of (for Advisory
consulting services) our standard annual fee, we may also receive commissions on the execution of
securities held in Portfolio Management accounts and Advisory accounts, subject to relevant regulations.
Such commissions may be paid directly by the product sponsor or Mutual Fund Company to Avendus
Wealth Management, subject to relevant regulations.

You are never obligated to work with our firm and are never obligated to purchase investment products
through our investment advisor representatives. You have the option to purchase investment products
through other brokers or agents that are not affiliated with Avendus Wealth Management.

Performance Based Fees. In select situations, we may assess a performance-based fee arrangement in
addition to the annual portfolio management fee. Note, we do not assess performance-based fees to all
clients. Our performance-based fee schedule is based on a percentage of assets under management plus a
percentage of the difference between a client's account and that of an appropriate pre-defined return.
Avendus Wealth Management Private Limited will choose the pre-defined return based on the nature of
the investment strategy to be used.
The fees charged for this service will be determined by the client's individual circumstances and will
never exceed 25% of the account's performance above an appropriate index/pre-defined return. The
actual fees are disclosed to the client before entering into this type of arrangement and are detailed in the
client's Portfolio Management Agreement and Investment Advisory Agreement. Performance Based
Fees are billed on an Annual basis.
The client must understand the proposed method of compensation and its risks prior to entering into the
contract. Accordingly, clients paying performance-based fees are directed to the "Performance-Based
Fees" section (Item 6) below for more comprehensive disclosures, including potential conflicts of interest
resulting from this type of compensation.

Clients who elect to terminate their contracts will be charged a performance-based fee based on the
performance of the account for the measuring period going back from the termination date and pro-rated
from the date on which the performance-based fee was previously assessed by our firm or the first
transaction date, whichever is later.
The performance-based fee may create an incentive for Avendus Wealth Management Private Limited
to recommend investments, which may be riskier or more speculative than those, which would be
recommended under a different fee arrangement.
General Information
Limited Negotiability of Fees: Although Avendus Wealth Management Private Limited has established
the aforementioned fee schedule(s) we retain the discretion to negotiate alternative fees on a client-by-
client basis. Client facts, circumstances and needs are considered in determining the fee schedule. These
include the complexity of the client, assets to be placed under management, anticipated future additional
assets; related accounts; portfolio style, account composition, reports, among other factors. The specific
annual fee schedule is identified in the contract between the adviser and each client.
We may group certain related client accounts for the purposes of achieving the minimum account size
requirements and determining the annualized fee.
Discounts, not generally available to our advisory clients, may be offered to family members and friends
of associated persons of our firm.
Termination of the Advisory Relationship: Either party, for any reason, may cancel a client agreement
at any time. Upon termination of any account, any prepaid, unearned fees will be promptly refunded and
outstanding fees or charges will be recovered from the client. However, it is not the policy of our firm
to normally accept any prepaid fees.
Mutual Fund Fees: All fees paid to Avendus Wealth Management Private Limited for investment
advisory services are separate and distinct from the fees and expenses charged by mutual funds and/or
ETFs to their shareholders. These fees and expenses are described in each fund's prospectus. These fees
will generally include a management fee, other fund expenses, and a possible distribution fee. If the fund
...

Item 7    Types of Clients
Avendus Wealth Management Private Limited provides advisory services to the following types of
clients:
   • Individuals (other than high net worth individuals)
   • High net worth individuals
   • Companies
   • Charitable organizations/Family Trust
   • Hindu Undivided Family
   • Partnership/Limited Liability Partnership Firms
As previously disclosed in Item 5, our firm has established certain initial minimum account requirements,
based on the nature of the service(s) being provided.