PMS FAQs

[vc_row rt_row_background_width=”default” rt_row_style=”default-style” rt_row_borders=”” rt_row_paddings=”true” rt_bg_effect=”classic” rt_bg_image_repeat=”repeat” rt_bg_size=”cover” rt_bg_position=”right top” rt_bg_attachment=”scroll” rt_bg_video_format=”self-hosted” rt_padding_top=”0″ rt_padding_bottom=”0″][vc_column rt_wrp_col_paddings=”false” rt_border_top=”” rt_border_bottom=”” rt_border_left=”” rt_border_right=”” rt_border_top_mobile=”” rt_border_bottom_mobile=”” rt_border_left_mobile=”” rt_border_right_mobile=”” rt_bg_image_repeat=”repeat” rt_bg_size=”auto auto” rt_bg_position=”right top” rt_bg_attachment=”scroll”][vc_tta_accordion style=”modern” shape=”square” color=”sky” spacing=”2″ gap=”2″ c_icon=”triangle” c_position=”right” active_section=”1″ no_fill=”true” collapsible_all=”true”][vc_tta_section i_icon_fontawesome=”fa fa-arrow-circle-right” add_icon=”true” title=”What is Portfolio Management Services (PMS) ?” tab_id=”1580189177438-4403170b-16c9″][vc_column_text]A Portfolio Management Service (PMS) is a service which provides professional management of investments to create wealth. It aims to cater to the investment needs of individuals or entities with high net worth value by providing them with investment solutions.[/vc_column_text][/vc_tta_section][vc_tta_section i_icon_fontawesome=”fa fa-arrow-circle-right” add_icon=”true” title=”Why Portfolio Management Services (PMS) ?” tab_id=”1580189177455-ff045473-4cb7″][vc_column_text]

  • Advantage of equities as an asset class
  • Solutions customised to needs of HNIs
  • Personalised attention
  • Portfolio Managers take buy / sell decisions on behalf of, but in consultation with a client
  • Portfolio Managers regularly interact with clients to update them on portfolio strategy, performance and market outlook

[/vc_column_text][/vc_tta_section][vc_tta_section i_icon_fontawesome=”fa fa-arrow-circle-right” add_icon=”true” title=”How PMS is different from Mutual Fund ?” tab_id=”1580189326810-9c1b37cd-35c9″][vc_column_text]

  1. Better handholding from his portfolio manager than he has been accustomed to either on his own or from his broker or mutual fund.
  2. One can also expect to interact with the portfolio manager to discuss any concerns that he might have, though not frequently.
  3. All administrative matters, including operating a bank account and dealing with settlement and depository transactions, will be handled by the Portfolio Manager.<.li>

[/vc_column_text][/vc_tta_section][vc_tta_section i_icon_fontawesome=”fa fa-arrow-circle-right” add_icon=”true” title=”What is the minimum and maximum limit for investing in PMS ?” tab_id=”1580190053531-ca7d59da-3d14″][vc_column_text]The minimum ticket size of the portfolio we offer for is Rs. 50 lakhs. There is no upper limit on the amount you can invest.[/vc_column_text][/vc_tta_section][vc_tta_section i_icon_fontawesome=”fa fa-arrow-circle-right” add_icon=”true” title=”Who will manage my portfolio ?” tab_id=”1580190086975-7aa48e68-d030″][vc_column_text]Under PMS, your portfolio is managed by a team of Portfolio Managers supported by research analysts. These specialists create and actively manage your portfolio to provide you returns in line with your stated investment objectives.[/vc_column_text][/vc_tta_section][vc_tta_section i_icon_fontawesome=”fa fa-arrow-circle-right” add_icon=”true” title=”Why should I pay management fees ?” tab_id=”1580190135760-d66c9ae2-6f8a”][vc_column_text]The fixed management fee being charged is much lower than that charged by others. We have consciously kept our fee more performance linked, as we strongly believe that it will align the interests of the firm and the client. It also incentives the Portfolio Manager since they have a stake in the profitability of the portfolio.[/vc_column_text][/vc_tta_section][vc_tta_section i_icon_fontawesome=”fa fa-arrow-circle-right” add_icon=”true” title=”How do you gain from PMS ?” tab_id=”1580190204176-1be6ded9-e029″][vc_column_text]Here’s why you should opt for Portfolio Management Service:
The objective of Portfolio Management Service is to create wealth by delivering consistent long term performance with risk control.
1) PMA track the portfolios constantly by understanding the dynamics of equity as an asset class.
2) PMS got a defined investment philosophy and strategy which acts as a guiding principle in defining the investment universe.
3) PMS make sure that you are relieved from all the administrative hassles from your investments. We also provide periodic reports on the performance and other aspects of your investments.[/vc_column_text][/vc_tta_section][vc_tta_section i_icon_fontawesome=”fa fa-arrow-circle-right” add_icon=”true” title=”Can NRIs avail Portfolio Management Services ?” tab_id=”1580190296068-e1656230-9336″][vc_column_text]Yes, you can opt for portfolio management services if you’re a Non-Resident of India (NRI). You will have to open a PIS account as required under RBI guidelines in order to invest in the PMS scheme.[/vc_column_text][/vc_tta_section][vc_tta_section i_icon_fontawesome=”fa fa-arrow-circle-right” add_icon=”true” title=”Can I open a PMS Account with a combination of Cash and Stocks ?” tab_id=”1580190326199-194805b2-b678″][vc_column_text]Yes, for few portfolios a combination of cash and stocks can be paid to open a PMS account. The securities/shares in the initial portfolio will be realigned to fit the model portfolio.[/vc_column_text][/vc_tta_section][vc_tta_section i_icon_fontawesome=”fa fa-arrow-circle-right” add_icon=”true” title=”Would I be allowed to book profits partially anytime ?” tab_id=”1580190351270-49f4f5bb-1d59″][vc_column_text]Yes, the investor can book profits anytime they want. But as per SEBI regulations, the portfolio should not fall below the prescribed limit of RS 50 Lakhs.[/vc_column_text][/vc_tta_section][vc_tta_section i_icon_fontawesome=”fa fa-arrow-circle-right” add_icon=”true” title=”Will it help me with my tax status ?” tab_id=”1580190400627-1f606d9d-ac9a”][vc_column_text]You are advised to consult your tax advisor for your specific tax consequences. The portfolio manager shall not be responsible for assisting you in fulfilling your tax obligations. Provisions of the Income Tax Act, 1961 will be applied to you manager in respect of your individual income.[/vc_column_text][/vc_tta_section][vc_tta_section i_icon_fontawesome=”fa fa-arrow-circle-right” add_icon=”true” title=”Can I specify sectors that I want or don’t want to hold ?” tab_id=”1580190417883-f8bd250b-5cbd”][vc_column_text]Basically AMCs offer two types of Portfolio Management Services, discretionary as well as non-discretionary. In the discretionary portfolio management service, the discretion to invest primarily lies with the portfolio manager. Under non-discretionary services, the client decides his /her own investments. The portfolio manager is responsible for providing advice and facilitating the execution of transactions. The Portfolio Manager’s role is limited to providing research, investment guidance and trade execution at the client’s request.[/vc_column_text][/vc_tta_section][vc_tta_section i_icon_fontawesome=”fa fa-arrow-circle-right” add_icon=”true” title=”How can I monitor the performance of my portfolio ?” tab_id=”1580190451851-d608c640-b944″][vc_column_text]Fund Manager of PMS send out the following reports to help you monitor the performance of your folio.

  1. Fortnightly reporting: This gives you information like the portfolio net worth, monthly report of holding and bank balances
  2. Quarterly reporting: This gives you details of portfolio holdings/transactions, net worth, ledgers, fees, corporate benefits etc.
  3. You’ve got access to the website showing client holding & quarterly reporting of portfolio holdings/transaction.

[/vc_column_text][/vc_tta_section][vc_tta_section i_icon_fontawesome=”fa fa-arrow-circle-right” add_icon=”true” title=”Is the PMS governed by any regulatory body? Who can offer PMS ?” tab_id=”1580190510517-aec55199-961f”][vc_column_text]Yes, Portfolio Management Services completely supervised by the regulator of capital markets in India, SEBI. PMS can be offered only by entities having specific SEBI registration for rendering portfolio management services. Currently in India, it is offered by specialized PMS players, asset management companies (AMCs) and brokerage houses.[/vc_column_text][/vc_tta_section][vc_tta_section i_icon_fontawesome=”fa fa-arrow-circle-right” add_icon=”true” title=”What is minimum initial investment amount for Portfolio Management Services ?” tab_id=”1580190536161-9497bb1e-6dae”][vc_column_text]The minimum initial investment amount for these products is Rs. 50 Lakhs. This shall be invested across various products by the portfolio manager. The distribution may change according to the discretion of the portfolio. The fees and charges may be different according to the customization demanded by the client.[/vc_column_text][/vc_tta_section][vc_tta_section i_icon_fontawesome=”fa fa-arrow-circle-right” add_icon=”true” title=”Can I take part in investment decision making process ?” tab_id=”1580190585278-2de513c5-65dc”][vc_column_text]In case of discretionary Portfolio Management Services, withdrawals and investment in various model portfolios would be at the discretion of the portfolio manager. In case of non discretionary Portfolio Management Services, the said movement would be done post confirmation from the client.[/vc_column_text][/vc_tta_section][/vc_tta_accordion][/vc_column][/vc_row]