7.2.8 Maintain Fees Applicable on Periodic Basis

This topic provides the systematic instructions to maintain Load Maintenance records.

To create a new record that you have previously created. Perform this operation as follows:

1. Some fees or incentives are periodic in nature, that is, they may not be processed each time a transaction is requested or allocated, but they are paid on a periodic basis.
2. For instance, trailing commission paid to brokers is typically applicable over a period, irrespective of whether any transactions have been entered. Similarly, a management fee charged by an AMC can be applicable on a monthly basis, or a any other frequency, irrespective of whether any transactions have occurred or not.