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What are the charges to invest in WealthBaskets?
Some WealthBaskets have a small advisory fee and some are absolutely free.
- Let us consider an example of a paid WealthBasket,
- For a WealthBasket investment of ₹10,000.
- You may have to pay suppose 0.5% is the semi-annual subscription fee = ₹50
- GST on subscription fee=₹9
- Total amount to be paid= ₹59
- This amount can be paid via UPI or Netbanking
- Other than this ₹59 fee, no other fee is applicable for rebalancing, exit fee, etc.
- Standard brokerage may apply
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