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Fixed Fee plan: The fixed fee shall be apportioned and charged at the end
of each quarter based on the daily weighted average net asset value.
Variable fee plan: Variable fee plan shall have a combination of fixed fee
and performance fee
 Fixed Fee component:
fixed fee shall be charged on the net asset value. The fixed fee shall be apportioned
and charged at the end of each quarter based on the daily weighted average net asset
value.
Performance Fee component:
performance fee shall be levied at the end of the year on the net asset value subject
to returns being over the minimum threshold level for the year.
The scheme shall follow
the system of High Water marking.
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