Financial Planning Fees

First time Plan:

Konark offers two service plans for basic financial planning covering investment and life insurance advisory:

1.     Economy Plan                                               Rs.   5,700

2.     Optimum Plan                                               Rs. 12,600

Add on services can be availed for medical insurance, tax advisory and other areas.

Annual Review Discounts:

          Annual review of plans is offered at discount as follows to first year planning:

1.     Review initiated before end of 13^th month from start of  1^st year planning       15%

2.     Review initiated before end of 25^th month from start of  1^st year planning       10%

3.     Review initiated before end of 37^th month from start of  1^st year planning         5%

Additional Discounts:

In addition planning review fees discounts is available for clients who have invested in mutual funds through Konark. Discount will be 0.1% of invested amount.  Investment amount is calculated as follows:

Market Value of Investment one year prior

Add        Investments at cost during the year

Less       Disinvestments during the year

    

Example:

Market Value of Investments one year prior        Rs.  10,00,000

Add   Investments at cost during the year            Rs.     3,00,000

Less   Disinvestment during the year                  -Rs.    1,00,000

                   Total                                                       Rs.   12,00,000    

     Fee Discount available 0.1%                                 Rs.          1,200