PMS Fee Comparator
The same portfolio is usually offered under two or three fee menus. Enter the quotes you received and your own return assumption; see what each structure charges this year, where the crossovers sit, and what the drag adds up to over your holding period. New to the structures? Read the primer first.
Where the lines cross is where the cheapest structure changes. The gold marker sits on your own return assumption. A loss year is included deliberately: only the fixed legs charge there.
Each structure's fee is deducted from the portfolio every year, so later years compound on a smaller base: the quiet cost of fees is the growth they never earn.
▶ Year-by-year: fee and portfolio under each structure
This comparator illustrates fee mechanics only; it is not investment advice, a forecast of returns, or an offer of any product. Fee menus, hurdle definitions, high-water mark and catch-up wording vary by provider and are governed solely by the final PMS agreement: always confirm the current schedule in writing before signing. PMS carries a SEBI-prescribed minimum investment of ₹50 lakh and fees provide no tax relief against capital gains. Prospar Consulting LLP: investments are subject to market risks.