Framework for selecting a PM
There is no buy and forget in this neo world, there is rather an appoint and forget. You need to appoint a SEBI-registered PM and follow his lead.
We need to keep a track of developments and do a quarterly review of the portfolio after every earnings season.
There is no do-it-yourself (DIY) in stock market. You will need a professional to manage your portfolio of listed equities. Our shortlisted PMs are not just knee-deep, they are neck or even nose deep in what he is doing. They are doing this 24x7 from last 15-20 years.
Wealth creation cannot happen by making random investments in listed equities. It depends on which companies you own and how long do you own them. Appointing one or more PMs we represent will improve your odds of doing that.
Shshank is well-networked across market intermediaries. His current clientele consists primarily of individuals (resident and NRIs) and a few corporates. He is focused on distant gratification -- no upfront fees, no set-up nor consultation fees
Single-point of contact across PMs. In day-to-day touch with all PMs. Perform diligent CRM function. Available on-demand for case-to-case discussion and portfolio review.
No, we do not charge any additional fees and are cost neutral to clients / investors we serve. We are gratified by the PMs we represent
No, there are no set-up fees or up-front fees.
Yes, NRIs can invest via NRE or NRO account. There is no repatriation limit in NRE and there is a limit of $1 mn or ₹7.5 crore per year in NRO
This is as per SEBI norms. However, one can also allocate existing investment (in listed equities) of ₹50 lakhs or a combination of existing investment and fresh funds.
No personalization. No CRM. No on-demand case-to-case discussion. No individual portfolio review. No customization. Difficult to build conviction on the PM, which is the cornerstone of the wealth creation process.
Personalized service and regular CRM builds conviction on the PM. This is most important for longevity in the relationship and for follow-on buying.
The idea to appoint a PM is generate alpha over the benchmark index and related passive funds. This alpha generation is a function of no. of companies in the portfolio and timely entry and exit. Both of which are managed in actively managed vehicle like PMS.