{"id":205670,"date":"2026-08-17T10:51:26","date_gmt":"2026-08-17T05:21:26","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=205670"},"modified":"2026-08-17T10:51:27","modified_gmt":"2026-08-17T05:21:27","slug":"investment-advisory-fee-refund","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/investment-advisory-fee-refund\/","title":{"rendered":"What Happens to Advisory Fees When a Client Ends the Service Early?"},"content":{"rendered":"

Investment advisory fee refund for individual and HUF clients covers the unexpired proportion of advance fees paid. SEBI’s IA fee framework specifies the right to refund of the unexpired period. A …<\/em><\/p>\n

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Quick Answer<\/strong><\/p>\n

Investment advisory fee refund is the amount an investor receives when they terminate a paid advisory service before the end of the period for which fees have been paid in advance. Under SEBI’s IA fee framework, individual and HUF clients are entitled to a refund of the proportionate unexpired portion of advance fees paid, subject to any permissible breakage fee specified in the client agreement.<\/p>\n<\/div>\n

Investors who understand the investment advisory fee refund framework can terminate unsatisfactory advisory services without forfeiting all advance payments, can calculate their expected refund entitlement before serving termination notice and can identify whether a refund refusal or excessive breakage fee is inconsistent with SEBI’s advisory fee framework.<\/p>\n

This guide explains the investment advisory fee refund entitlement, how the refund is calculated, when breakage fees may be deducted and what to do if the advisory service disputes the refund.<\/p>\n

Click Here – Get Free Investment Predictions<\/strong><\/a><\/p>\n

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