| One-Time Onboarding Charges | ₹ 200* per new account (i.e.,Rs 50 on quarterly basis)
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| Through Collection of units. |
| Annual Charges | 0.20% p.a. of AUM (pro-rata on quarterly basis) | 0.20% p.a. of AUM (pro-rata on quarterly basis) | Adjusted from NAV |
- The one-time onboarding PoP charges shall be recovered by CRAs from the subscriber’s NPS account i.e. ₹ 50/- on quarterly basis and payable to PoP in the month subsequent to the quarter in which on-boarding is completed.
- GST or other taxes as applicable shall be additional.
- Annual charges shall be levied at 0.05% of AUM on the last day of the quarter for Common Schemes. The term “p.a.” shall mean a period comprising of four (04) consecutive quarters and shall not be construed to or be aligned with a financial year or a calendar year.
- Annual charges shall not be levied to Dormant accounts. Dormant account is defined as such account where subsequent to a contribution in a quarter, there is no contribution for four consecutive quarters as identified at the end of each quarter.
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