Complex sentence: The term "Acharya" is most often said to include the root "char" or "charya" (conduct) and thus literally connotes "one who teaches by conduct (example)," ie an exemplar.
Split into simpler sentences: The term "Acharya" is most often said to include the root "char" or "charya" (conduct). Thus it literally connotes "one who teaches by conduct (example)," ie an exemplar.