Pricing Policy | mybillions.in

Pricing policy

Like many sites we are not free advisory site. We strongly believe that there is nothing free in this world even if looks free at first site.

We earn our revenue from the fee paid by the investor/member.

There are two types of fee:

Annual Membership Fee: To cover the fixed cost of servers/research tools etc. Currently it is Rs 2/- plus GST

Monthly Advisory Fee: We have two models to choose from

1) How does AUM base Monthly Fee work?

Fee will be calculated on the closing assets every month

For eg:

01/01/2019 31/01/2019

Opening asset Closing Asset

100000 100500 (Assuming there is Gain)

Fee will be calculated on 100500/-

Currently we are charging fee of 0.08333% per month

So, the fee will be 100500 * 0.08333% = Rs 83.75

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01/02/2019 28/02/2019

Opening asset Closing Asset

100500 97000 (Assuming there is loss in the month)

Fee will be calculated on 97000/-

Currently we are charging fee of 0.08333% per month

So, the fee will be 97000 * 0.08333% = Rs 81

2) How does Unique Higher Watermark Profit Model work?

Fee will be calculated on the closing gains every month

For eg:

01/01/2019 31/01/2019

Opening asset Closing Asset

100000 100500 (Assuming there is Gain)

Fee will be calculated on gain of Rs 500/-

Currently we are charging fee of 10%

So, the fee will be 500 * 10% = Rs 50

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01/02/2019 28/02/2019

Opening asset Closing Asset

100500 97000 (Assuming there is loss in the month)

Fee will be ZERO as there is no profit in the month

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01/03/2019 31/03/2019

Opening asset Closing Asset

97000 101000 (Assuming there is gain in the month)

Fee will be calculated as below

97000 - 101000 = Rs 4000 (Gain for this month)- (Minus) Loss incurred in the last month

100500 – 97000 = Rs – 3500

i.e. 4000-3500 = 500

Hence, fee will be calculated on 500 i.e. 500*10% = Rs 50

Loss and accumulated loss (if any) will be carried forward in the bill and will be settled against the gains in future period.