Invesco Asset Management India PVT Ltd

Item 5. Fees and Compensation

         Description

       For managing schemes of Invesco Mutual Fund, fees and expenses are charged and these expenses include
       investment management and advisory fees charged by IAMI. In addition to management fees, other
       recurring expenses which can be charged to scheme include, inter-alia, trustee fees, custodian fees, audit
       fees, registrar and transfer agents’ fees, marketing and selling costs, bank charges, cost of providing
       account statement, costs towards investor education and awareness etc. The expenses to the Scheme can
       be charged as Investment Management and Advisory Fees and other recurring expenses for operating the
       scheme and there are no internal sub-limits. Thus, IAMI may charge entire expenses as investment
       management fees or part as investment management fees and balance as recurring expenses. The
       Regulations prescribe a maximum limit up to which recurring expenses can be charged to the scheme.
       IAMI is entitled to charge investment management and advisory fees and other recurring expenses on a
       daily basis as a percentage of daily net assets. These fees cannot exceed the upper limit mentioned in the
       offer document and are subject to regulatory limits. The fees charged will depend on type of product (i.e.
       equity, fixed income, index fund, ETF, Fund of Funds etc.).

       For Portfolio Management Services (for segregated mandates), portfolio management fees may differ
       from client to client and will be in accordance with the PMS Agreement and fee schedule executed with
       each client. Fees charged to a client can be either fixed management fees and/or performance linked
       management fees, as opted by the client.

       The fixed management fee may be in the form of a percentage of assets under management and
       performance linked management fees is linked to performance of the portfolio. When fees are linked to
       portfolios returns, the basic principles for calculation of the fees are as follows:

                The fees are generally charged upon exceeding a hurdle rate or a benchmark rate which is
                 specified in the Schedule to the PMS Agreement.
                The fee shall be computed on the basis of higher water mark principle over the life of the
                 investment.
                Higher water mark shall be the highest value that the portfolio has reached. The value of portfolio
                 for the computation of higher water mark shall be taken to be the value on the date on which
                 performance linked management fees are charged.
                Performance linked management fees would only occur if there is an increase in portfolio value in
                 excess of the previously achieved high water mark.

       The portfolio manager may charge premature exit fees/withdrawal fees at time of redemption of the
       portfolio by client. For the advisory mandate, the advisory fee may be calculated as a percentage of value
       of assets under advise which depends upon the complexity of the advisory mandate. The advisory fee is
       subject to negotiation.

       Billing

       Invesco Mutual Fund
       The fees and recurring expenses are charged on a daily basis as a percentage of daily net assets and are
       deducted from the client’s assets on a daily basis. Under the Regulations, it is mandatory to calculate fees
       on a daily basis as a percentage of net assets.

       Portfolio Management Client (Segregated Mandates)

       The management fees and expenses are charged to the portfolio as per the fee schedule signed by client.
       The fees are deducted from the client’s assets under management.

                                  Invesco Asset Management (India) Private Limited

Advisory Mandates

Investment advisory fees are billed in arrears meaning that IAMI invoices the client after the billing period
ends. The billing period is subject to the agreement with the client.

Other Fees

Invesco Mutual Fund

Concerning the mutual funds, there may be other fees such as recurring expenses or the redemption
charges which are stated in the relevant offer documents.

Brokerage fees would also be incurred during the execution of securities transactions.

Portfolio Management Client (Segregated Mandates)

For Portfolio Management Services under segregated mandates, there may be other charges such as
Custody Charges, Brokerage fees, incidental charges, depository account transaction charges and audit
charges.

IAMI may buy or sell securities or investment products in which IAMI or IAMI’s affiliates, or the
portfolios managed by IAMI or IAMI’s affiliates, may have some financial interest.

Advisory Mandates

Other than investment advisory fees, IAMI does not charge any fees to clients and does not collect
investment advisory fees in advance.

                          Invesco Asset Management (India) Private Limited

Item 7. Types of Clients
         Description

        In addition to managing schemes of Invesco Mutual Fund and segregated mandates, IAMI also provides
        non-binding & non-discretionary advisory services for individuals, financial institutions, investment
        companies, trusts or foundations, corporations or business entities, and other entities.

        IAMI currently provides non-binding & non-discretionary advisory services to offshore investment
        managers of India dedicated offshore funds.

        Client relationships vary in scope and length of service.

        Account Minimums

        Invesco Mutual Fund
        The minimum investment amount for the first purchase in a scheme is approximately $12.

        Discretionary and non-discretionary Portfolio Management Services
        The minimum account size is approximately $59,971 (INR 5 million).

        Non-binding & non-discretionary advisory services
        The minimum account size is $5 million. IAMI has the discretion to waive the account minimum.
        Accounts less than $5 million may be set up when there is the potential that the client will add additional
        funds to the accounts bringing the total to $5 million within a reasonable time.

                                  Invesco Asset Management (India) Private Limited