Cancellation Policy
Moneyvesta Capital Services Private Limited (“MCSPL”) currently addresses cancellation in the context of pre-mature termination of the Investment Advisory (IA) Agreement.
This page presents the existing cancellation-related position already applicable under the IA Agreement, including written notice, treatment of the unexpired fee period, and applicable deductions.
Cancellation / Pre-Mature Termination
If a client wishes to discontinue the IA Agreement before the expiry of its term, the client must provide written notification for pre-mature termination.
Effect of Cancellation
- Fees for the unexpired period of the agreement shall be refunded.
- MCSPL may retain a breakage fee not greater than the fee for one quarter.
- Upon verification and calculation, the refund, after deduction of the applicable breakage fee, shall be processed within 90 days.
Conditions
- The client must be in compliance with all other terms of the IA Agreement.
- The request must adhere to the procedures set out in the applicable policy and the IA Agreement.
Amendments
MCSPL reserves the right to amend this policy at any time. Any amendment shall be effective immediately upon posting on the website.
For any clarification regarding cancellation or pre-mature termination, please write to us at contact@moneyvesta.com.