APMI

APMI Membership Details & Fee Structure

Association of Portfolio Managers in India (APMI) is soliciting membership from all SEBI Registered Portfolio Managers for the financial year 2023-2024.

The membership fees of APMI have been classified under the following 5 AUM slabs and the respective fee for that AUM slab is also mentioned below.

Sr. No.	APMI Membership Slab	AUM slabs for APMI Membership	Membership Fees (Rs.)
1	Slab 1	AUM of over Rs. 3000 Crs.	10,00,000
2	Slab 2	AUM of over Rs. 1000 Crs. & under Rs. 3000 Crs.	5,00,000
3	Slab 3	AUM of over Rs. 500 Crs. & under Rs. 1000 Crs.	1,50,000
4	Slab 4	AUM of over Rs. 100 Crs. & under Rs. 500 Crs.	75,000
5	Slab 5	Till an AUM of Rs. 100 Crs.	15,000

The Board of Directors of APMI have decided to offer a special membership window to all SEBI Registered Portfolio Managers.

During this period, which ranges from 30 days to 90 days, the Portfolio Managers canavail the benefit of a discounted fee- if the membership fee is remitted to APMI within that specified timeperiod.
Please note that this special window is also available for the existing members ofAPMI.
Membership Fee structure under the special window is as under:

Sr.No.	APMI Membership Slab	AUM slabs for APMI Membership	Membership Fees (Rs.)	Membership Fees under the special window- If the Membership Fees is paid before 30^th April?2023. (Rs)	Membership Fees under the special window- If the Membership Fees is paid before 30^th June?2023. (Rs)
1	Slab 1	AUM of over Rs. 3000 Crs	10,00,000	9,00,000	Not Applicable
2	Slab 2	AUM of over Rs. 1000 Crs & under Rs. 3000 Crs	5,00,000	4,50,000	Not Applicable
3	Slab 3	AUM of over Rs. 500 Crs & under Rs. 1000 Crs	1,50,000	1,35,000	Not Applicable
4	Slab 4	AUM of over Rs. 100 Crs & under Rs. 500 Crs	75,000	18,750	18,750
5	Slab 5	Till an AUM of Rs. 100 Crs	15,000	3,750	3,750

Please Note:

AUM data as per SEBI monthly report of March'2023 will be the basis for calculatingtheAPMI Membership for the 1^stApril?2023 to 31^stMarch?2024.
- AUM data is available on:https://www.sebi.gov.in/sebiweb/other/OtherAction.do?doPmr=yes
- AUM means total AUM, including DPMS + NDPMS + Advisory.
- GST @ 18% is levied on membership fee.
New members can complete the APMI Registration formalities on https://www.apmiindia.org/apmi/Registration.htm
Existing APMI Members need not do the registration process. They have to only remit the fee against the invoice which is being sent to them.
- APMI Bank account details are available on the registration tab https://www.apmiindia.org/apmi/Registration.htm
APMI has been incorporated as a non-profit company under Section 8 of the Companies Act 2013, hence the receipts from its members are exempt from tax under the concept of mutuality.
- APMI is registered under section 12 A(a) of the Income Tax Act 1961, and as per the provisions of Section 11 of the Act, which makes us eligible for exemption under the said section.
  - Taking the above into account, we request you to remit the membership fee without any TDS deduction.

Your participation as a member and a thought leader at APMI will be very valuable and willhelp APMI to achieve its goal of functioning as an effective industry body and a bridge ofliaisonacrossvariousstakeholders.

Lookingforwardforyoursupportandco-operation.

For any further details please follow this link https://www.apmiindia.org or kindly feel free to write us at principalofficer@apmiindia.org

Warm Regards

Principal Officer
Association of Portfolio Managers in India
B-121,10thFloor, We Work - Enam Sambhav
G-Block, Bandra Kurla Complex, Mumbai-400051