Lesson 4 of 50 for advisers · What an RIA may charge · 4 min read · Reviewed 13 Nov 2026
Up to 2.5% a year of assets under advice, or up to ₹1,51,000 a year as a fixed fee, per family, across all services. The ceiling is whichever is higher. Fees can be taken up to a year in advance with the client’s agreement. The caps cover individual and HUF clients who are not accredited investors.
An adviser charges in one of two ways. A share of assets under advice, up to 2.5% a year, or a fixed fee, up to ₹1,51,000 a year. Both are per family, across every service.
The cap is the higher of the two figures, and the mode can change at any time. The fixed cap is revised every 3 years using the Cost Inflation Index.
Fees may be taken up to a year in advance if the client agrees. If the client leaves early, the unused fee is refunded, less a break fee of at most one quarter.
The caps exclude GST and cover individual and HUF clients who are not accredited investors. Fees always come through a bank channel, never in cash.
Key idea: For a family with ₹1 crore under advice, the ceiling is ₹2,50,000 a year.
Try the short quiz on this page to check what stuck.
2.5% of ₹50 lakh is ₹1,25,000, so the higher fixed cap of ₹1,51,000 is the ceiling.
No. Fees for non-individual clients and accredited investors are agreed between the adviser and the client.
₹1 lakh for up to 150 clients, ₹2 lakh for 151 to 300, ₹5 lakh for 301 to 1,000 and ₹10 lakh above that.
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