Initial Corpus definition

Initial Corpus means the value of the funds and the value of readily realizable securities brought in by the client at the time of registering as a client with the Portfolio Manager and accepted by the Portfolio Manager.
Initial Corpus means the value of the funds and / or the market value of securities brought in by the Client at the time of subscribing to Portfolio Management Services.

Examples of Initial Corpus in a sentence

  • During the continuance of an Event of Default, the Secured Party shall have the right, at any time in its discretion and without notice to any Grantor, to transfer to or to register in its name or in the name of its nominees any Pledged Shares.

  • In the same way as for Initial Corpus, documents are structured to contain annotations grouped into sets.

  • MINIMUM INVESTMENT AMOUNT The Client shall deposit with the Portfolio Manager, an Initial Corpus consisting of funds of an amount prescribed by the Portfolio Manager for a specific portfolio, subject to minimum amount as specified under SEBI Regulations, as amended from time to time.

  • The Company is entitled to, in addition to the reimbursement of all costs, charges and expenses, a sum computed at the rate of 0.05% of the amount being the aggregate of the Initial Corpus of the Fund (i.e. Rs. 10,000) and Unit Capital (i.e. the aggregate of the monies collected pursuant to the various schemes launched by the Fund) payable annually on April 1 of each year as the fees for its services.

  • Initial Corpus Value should not be less than as prescribed under SEBI Regulations from time to time.


More Definitions of Initial Corpus

Initial Corpus means the value of the Funds and the market value of readily realizable Securities brought in by the Client at the time of commencing of his relationship as a Client with the Portfolio Manager and accepted by the Portfolio Manager. The Securities brought in by the Client in the form of Securities shall be taken at the last available closing price on the day of transfer of Securities in the Depository Account. The Portfolio Manager shall not accept from client, funds or securities worth less than fifty lakhs rupees.
Initial Corpus means the value of the funds and the market value of securities brought in by the client and accepted by the Portfolio Manager at the time of registering with the Portfolio Manager for the portfolio management services. The Initial corpus brought in by the Client in the form of securities shall be valued at the closing market price of such securities, prevailing on recognised stock exchange [NSE/ BSE (only if security is not listed on NSE)] on the previous working date of activation of client’s portfolio management account by the Portfolio Manager or of the previous working day of the transfer of such securities from client’s account to the Depository account whichever is later. The Portfolio Manager shall not accept from the client, funds or securities worth less than Twenty five lakh rupees.
Initial Corpus means the value of the funds and the value of readily realizable investments brought in by the client at the
Initial Corpus means the sum total of the cash and the market value or realizable securities which the client shall set aside at the time of registering as a client with the Portfolio Manager on which the Portfolio Manager shall offer advisory/management services.
Initial Corpus means the value of the funds and/ or the market value of securities brought in by the client at the time of registering as a client with the Portfolio Manager and accepted by the Portfolio Manager. Securities so bought in by clients will be values as per valuation policy of Portfolio Manager at the closing price of immediately preceding working day of the date of activating the client’s account.
Initial Corpus means the value of the Cash and the market value of readily realizable Securities, as set out in the Application cum Profiling Form submitted by the Client to the Portfolio Manager and brought in by the Client as described in the Agreement. The Securities brought in by the Client as Initial Corpus will be considered / valued as per the Clause “Valuation of Securities” of the Agreement.
Initial Corpus means the value of the Funds and the market value of readily realizable investments brought in by the Client at the time of registering him as a Client with the Portfolio Manager and accepted by the Portfolio Manager. The investments brought in by the Client as corpus shall be sold within a period of 30 days and the net realizable proceeds shall be taken to the portfolio and if not so sold, shall be switched to the Portfolio at the last available closing price on the day of switch.