Fee calculator
Race a mutual fund, a PMS and RupeeCase over your own horizon, in rupees. Same return before fees; only the fee differs.
01The race
Every line earns the same return before fees. Move a slider and the race redraws: amount, horizon, rebalances a year and how much of the portfolio each rebalance turns over.
Move the sliders to see which side the difference falls on.
RupeeCase, a year0.78%30% × 13 × 0.2% of the portfolio a year
An illustration, not a forecast. Fees paid are the gap between a no fee portfolio and each one, on the same return before fees. A Category III AIF at about 2% plus 20% above the same hurdle draws the same line as the PMS. Your actual fees depend on your fund, PMS, broker and strategy.
02The worked example
Mutual fund
Net return = return − 1.8%
Charged on the whole portfolio every year. Funds range from about 0.3% to 2.5%; the race uses 1.8%, a typical active equity fund.
PMS, and AIF Category III
Drag = 2% + 20% × (return − 10%)
A fixed fee plus a share of the return above a 10% hurdle. At 14% that is 2.8% a year. Structures vary by manager.
RupeeCase
Drag = turnover × rebalances × 0.2%
No share of assets, no performance fee, no exit load, no subscription. A rebalance that changes nothing costs nothing.
03Check it yourself
The portfolio ledger lists money in and out, the charges and the turnover of each rebalance, so the 0.2% is something you can check line by line.
04Questions
It is charged on the whole portfolio every year, so it compounds against you for as long as you hold. Use the calculator above to see the rupee cost for your own amount, horizon and return, next to a PMS and RupeeCase.
RupeeCase charges 0.2% of the value that actually trades at each rebalance. The calculator multiplies your rebalances per year by the share of the portfolio turned over each time and by 0.2%, then deducts that from the return the same way it deducts a fund TER.
No. At high turnover and a fast rebalance cadence, the traded value can add up to more than a 1.8% TER. The calculator shows which side the difference falls on for your settings. A slower cadence or a lower turnover lowers the RupeeCase cost.
A lump sum with no extra contributions, no taxes, and every fee modelled as an annual drag on the return. Rebalance count and turnover are your assumptions, not a RupeeCase forecast. A rebalance that changes nothing costs nothing.
Next step