Mutual fund fees framework establishes application, registration, annual and filing fee obligations and specified electronic payment modes. Schedule II prescribes fees for mutual funds: fixed application and registration fees; an annual fee calculated on Average Assets under Management with tiered rates for portions up to and above a specified AAUM and subject to minimum and maximum caps; and a filing fee for offer documents and placement memoranda computed as a percentage of the amount raised with prescribed minima and maxima. The Schedule mandates payment by electronic modes including NEFT/RTGS/IMPS or the SEBI Payment Gateway or other modes specified by the Board.