Illustrative Calculator

Enter any figures you like to see how the High Water Mark method would treat them. This is a demonstration tool only — it does not read or change any client record, and nothing you type here is saved.

Your figures

Starting portfolio valueWhat the portfolio was worth at the start.Starting High Water MarkThe level fees had already been settled up to.Deposit during the periodMoney added. Leave at 0 if none.Withdrawal during the periodMoney taken out. Leave at 0 if none.Closing portfolio valueWhat the portfolio is worth at the end.Performance fee rate (%)How the fee is settledThe fee is the same amount either way. Switch this to see how it changes the closing value and the new High Water Mark.

Result

Adjusted High Water Mark	₹4,00,000.00
Closing portfolio value	₹5,20,000.00
Eligible profit	₹1,20,000.00
Performance fee at 20%	₹24,000.00
Taken out of the portfolio	₹24,000.00
Portfolio value after settlement	₹4,96,000.00
New High Water Mark	₹4,96,000.00

How this was worked out

Portfolio value at the start of the period: ₹4,00,000.00
High Water Mark at the start of the period: ₹4,00,000.00
Applicable High Water Mark at period end: ₹4,00,000.00
Portfolio value at the end of the period: ₹5,20,000.00
New performance above the High Water Mark: ₹5,20,000.00 - ₹4,00,000.00 = ₹1,20,000.00
Performance fee: ₹1,20,000.00 x 20% = ₹24,000.00
Portfolio value after the fee: ₹5,20,000.00 - ₹24,000.00 = ₹4,96,000.00
Your new High Water Mark is ₹4,96,000.00. The next fee is only charged on performance above this level, so this profit will not be charged again.

Illustrative only. This calculator explains the methodology; it is not a projection of returns and does not affect any client record.