FAQ'S
FAQ'S
Have any questions ? here some answers for you
Individuals (Resident and non-resident) and Non-Individuals such as HUFs, partnerships firms, sole proprietorship firms and body corporates are allowed to invest in a PMS. As per SEBI regulations the minimum investment amount in a PMS is Rs 50 lakhs.
There is no lock-in period and you can withdraw your money at any time. As per SEBI guidelines, we will charge you 3% of exit load in the first year, 2% in the second year and 1% in the third year. This is to encourage long term investing with a minimum time frame of 3-5 years. Ideally you should NOT invest any money in a PMS which you expect to need in the next 3 years.
No. As per SEBI regulations, PMS cannot offer guaranteed returns. However, it shall be our endeavour to beat the benchmark index over the long term.
Please go through the Account Opening Procedure.
The initial corpus can be provided by money transfer (RTGS/NEFT/Cheque/DD) or by transferring securities to the clients demat account opened by the PMS. However, in both cases, the transfer has to be from an account in the name of the investor (Bank a/c or Demat a/c)
As per SEBI regulations, all stocks purchased on your behalf will be held in a demat a/c with our custodian bank, Kotak Mahindra Bank. You will also be provided with a client login ID and password to monitor the investments any time. You will also be provided with periodic reports as mandated by SEBI. However, please note that as per regulations we cannot offer any guarantee on the principal or profits as these are subject to market fluctuations and investment decisions.
All investors have an option to invest directly, without intermediation of persons engaged in distribution services. Please go through Contact Us to know more details