Quotation

Quote No.: 200021 Date: 19-03-2021

CA R D Nagvekar
Mumbai

Dear Sir,
We are glad to present you our Quote as per our discussion on following terms and conditions:
Product Particulars
KAPITAL PMSver.2011 Rel.2019
AIF Fund Accounting Edition
Refer Annexure A & B for details

A. Option I Rs. 400,000/-

Outright transfer of End User License - 3 Fund pack

B. Option II – Pay as you use

1 Fund Pack 3 Fund Pack
Sr # Particulars Monthly Cost Monthly Cost
1 On Confirmation (equivalent of 6
Month in advance) 17000 102000 17000 102000
2 Quarterly Billing (in Advance --
after first 6 months) 17000 306000 23000 414000
for 6 Quarters
Total 408000 516000

3 Buy Option after 2 years (with 5

Fund pack) 50000 50000
Grand Total 458000 566000
Additional Funds after 3 Fund pack Rs. 3000 (per fund per month)

*GST will be charged extra as applicable at time of invoicing (presently 18%)

SYSTEM ENVIRONMENT AND SERVICES

1. Environment

 Multiuser –Client Server technology (5 users pack)

 Server: Windows Server 2012 R2 and above
 Client: Windows 7 and above
 Database: Back End Database would be MS SQL Server 2012 Express and above. Database
License will be necessary when Database grows beyond Express Edition limits
 Development Tools: Front End development tools applied would be Microsoft Technologies
with available version of Crystal reports

2. Setup Installation and Training

 Installation of the application software would be done by Kruti engineers in association with
your resident/ appointed engineer
 All systems software (Windows Server, MS SQL and others) required would be pre-installed
and provided by you on your Server in ready to use condition
 End-user training and implementation support would be provided up to 8 group sessions
covering data capture and reporting module. Detailing of Schedule, module coverage will be
provided after final walk through of Software
 Subsequent trouble shooting and other services required (under Warranty or AMC) would be
provided Onsite or Online using remote connectivity tools

OTHER TERMS & CONDITIONS

3. Scope of Work

 Kapital PMS ver.2011 Rel.2019 as per Annexure A & B

 Any new activity to be covered other than features listed in annexure, will be charged
additionally on per man-day basis
 Any modifications or changes requested would be accepted only if technically possible within
the overall product design and logistics
 Any Changes due to upgrade of Systems Software will be treated as modification/ change in
software systems and will be charged accordingly
4. Delivery

 Staggered within 8 weeks after the date of confirmation

5. Warranty

 The software is warranted for period of Six months from the date of initial Set-up
 Warranty means technical warranty and includes servicing and troubleshooting of any software
related problems and assistance for proper usage of software.
 We would be glad to offer Annual Maintenance Service Contract after expiry of the warranty
period at 20% of total project cost (as per Option I and Cost of additional Fund pack,
modification/ customization, if any)
 Option II includes Service Cost and AMC will start after end of 2 years period
 Call charges, outside Warranty period, will be charged at prevailing Call charges rate

6. Payment Terms

Option I
 150000 on confirmation of order
 75000 at end of 1 month of confirmation
 75000 at end of 2 month of confirmation
 Balance on completion of Training and Implementation (not more than end of 4th month of
confirmation)

Option II
 As per Schedule in Table of Option II at start of the period

*In case of cancellation or suspension of the order/contract the full value of the work executed and
stage under development/ implementation up to the date of cancellation request would be paid to
us without any adjustments.
 Annexure A
PMSv2011 Rel.2019 is latest entrant of KAPITAL Portfolio Management Product series dedicated to
Alternative Investment Fund

Software brings along with complete methods and operational steps, a well established
administrative work flow for your Operation

Software starts with on-boarding of Investor (Shareholders), inflow of funds, deployment (Investments)
of funds, daily portfolio evaluation and Investor reporting. All the performance related reports are based
on universally accepted accounting standards and algorithms for Portfolio Management

Investor Management
Class wise Investor bifurcation for rights and expense distribution. Application / Receipt of funds from
investor to the allotment of units

Fund Accounting
Comprehensive fund accounting engine covering wide range of instruments - equity shares, derivatives,
mutual funds, fixed income, debt, money market instruments. NAV calculation and reporting. Interface
to integrate with Brokers, AMC’s and Market data providers

Performance Measurement
Portfolio performance, Rate of Return as per industry standards and Tracking against multiple
Benchmarks

Classwise Expenses allocation

Investor classwise expense distribution eg. applicability of Management Fees to a class. Distribution of
Tax payment - classwise

Regulatory Reporting
SEBI reporting

Automated Price & Corporate Actions uploads

Daily and historical stock prices, index values
Forthcoming corporate actions with auto settlement on ex-date

Automated Delivery & Broker Receipt/ Payments

Scrip delivery posting based on Pay In/Out date
Generation of Broker Receipt/ Payment entries from designated Bank account
Task Management
Fund manager can assign different To-do tasks to their sub-ordinates & schedule reminders for the
same

MIS Reporting
Software will provide you with fast and easy access to accurate, reliable data along with business
intelligence reporting capabilities to make informed decisions and deliver exceptional client service

 Scrip Position Report

Complete view of scrip investment ledger with details of Average purchase/ sale price

 Broker Business Distribution

MIS to provide details of distribution of business between different brokers

 Statement of Profit
Automated generation of Long/ Short term capital gains each Scrip wise on FIFO or Weighted
Average method

 Portfolio Valuation (Industry wise/ Market value wise)

 Comprehensive NAV Report

Complete details of NAV and comparative performance vis-à-vis different indices

 Computation of Net Assets

NAV computation with bird’s eye-view on portfolio exposure at fund level, stock at Average &
Market price with weightage giving details on Appreciation/ Depreciation Comparison with indices
of your choice available

 Statement of Holdings
Listing of stock at Average & Market price with graphical representation on Sector wise exposure

 Monthly NAV analysis report

Fundwise or Classwise monthly Gross NAV, Expense and Net NAV

 Investor classwise NAV report

Unitised NAV with expense allocation

 Trial Balance
 Annexure B
Investor Module

 Investors
Additional details for FATCA
Committed Amount
 Draw Call with email and receivable
 SOA, Client Reports
 Income & Expense Allocation (Classwise catagorised)

Investments Module

 Fixed Income Modules - CCD, NCD, Bonds, CCP, FD

 Single Currency - INR only

Compliance

 FATCA
 SEBI

E-Mail

 Investor Report - periodically

Fees

 Fees - Management Fees

 Generation of Bills

MIS Reporting

 As per formats shared and explained