The deduction date of the Portfolio Management Fee is on the 25th of January, April, July and October for the respective quarters as shown in the table below.
Quarterly Period | Email Invoice On | Deduction Date |
1st Quarter (1-Jan to 31-Mar) | 15th April | 25th April |
2nd Quarter (1-Apr to 30-Jun) | 15 July | 25th July |
3rd Quarter (1-Jul to 30-Sep) | 15th October | 25th October |
4th Quarter (1-Oct to 31-Dec) | 15th January | 25th January |