Will PRIM pay for your practice?
PRIM adds about ₹2 L a year after running costs
With this fee and trail, you need about ₹50 Cr of your existing book in PRIM to cover running costs, on top of the new assets you entered.
| Existing assets moving into PRIM | ₹60 Cr |
|---|---|
| Trail you stop earning on them | − ₹48 L |
| PRIM fee on those assets | + ₹60 L |
| PRIM fee on new client assets | + ₹20 L |
| Running cost | − ₹30 L |
| Net change a year | + ₹2 L |
One-time costs not included: SEBI fees of ₹11 lakh, legal and setup. You also need ₹2 crore of net worth for PRIM-only registration.
How this works: on clients who move into PRIM, you stop earning trail (they switch to direct plans) and earn the PRIM fee instead. New clients earn the PRIM fee with no trail given up. Running costs are yours to estimate; SEBI's one-time fees are ₹1 lakh (application) and ₹10 lakh (registration). Excludes GST, performance fees, taxes and the client's capital gains on switching.
PRIMSetu ఒక స్వతంత్ర సమాచార సేవ. దీనికి SEBIతో ఎలాంటి సంబంధం లేదు; ఇది పెట్టుబడి సలహా ఇవ్వదు, ఏ స్కీమ్నూ లేదా పోర్ట్ఫోలియో మేనేజర్నూ సిఫార్సు చేయదు.