Moneyvesta Wealth Management

Refund Policy

Moneyvesta Capital Services Private Limited (“MCSPL”) follows the below refund policy in relation to fees charged under the Investment Advisory (IA) Agreement.

This policy is intended to provide clarity on how fees are treated under the IA Agreement, including the general non-refund position and the limited circumstances in which a refund may apply.

Section 1

Introduction

This Refund Policy governs the management of fees and refunds at MCSPL and is intended to be fair, transparent, and compliant with applicable laws and regulations.

Section 2

Fee Structure

Fees are charged based on the service period and frequency specified in the IA Agreement with the client. Such frequency may be monthly, quarterly, semi-annually, or annually. Fees may be levied either at the beginning or at the end of each period, as set out in the IA Agreement.

Section 3

General Non-Refund Policy

As a general rule, MCSPL follows a non-refund policy. Fees once charged are non-refundable, except in the specific case of pre-mature termination of the IA Agreement as described below.

Section 4

Refund on Pre-Mature Termination

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.
The client must provide written notification for pre-mature termination.
After verification and calculation, the refund, after deduction of the applicable breakage fee, shall be processed within 90 days.

Section 5

Limitations and Conditions

The client must be in compliance with all other terms of the IA Agreement.
The refund request must follow the procedure laid down in this policy and in the IA Agreement.

Section 6

Amendments

MCSPL reserves the right to amend this policy at any time. Any amendment shall become effective immediately upon posting the updated policy on the website.

For any clarification regarding this policy, please write to us at contact@moneyvesta.com.