PMS

Maximise Your Investment with Professional Portfolio Management Services (PMS)

Portfolio Management Services (PMS) are specialised investment solutions offering a blend of stocks, fixed income, debt, cash, structured products, and individual securities. Managed by experienced finance professionals, PMS is designed to cater to the unique investment goals of each client, providing a bespoke investment experience.

Who should consider PMS?

  • Investors who are interested in diverse asset classes like equity, fixed income, and structured products.

  • Desire for a highly personalised investment management approach

  • High value is placed on superior client service and expert guidance.

  • Focus on long-term wealth creation through informed investment advice.

Exploring the Types of Portfolio Management Services: Discretionary and Non-Discretionary

  1. Discretionary PMS: The fund manager has the authority to make investment decisions on the investor's behalf.

  2. Non-Discretionary PMS: In this model, the fund manager offers recommendations, but the final investment decisions rest with the investor.

Considering Portfolio Management Services?

  • Minimum Investment Amount: Typically set at Rs. 50 lakhs.

  • Fee Structure: PMS may involve management fees and performance fees, which could be fixed or variable.

PMS Taxation Structure

Tax Asset Class Equity PMS
Type Open Ended
Capital Gain Period & rate of Long-term Capital gains More than 12 months at 10%
Period & Rate of Short-term Less than 12 Months at 15%
Dividend/Interest Capital Gains
Rate (New) Marginal Taxation
Contact us to know more about PMS services

AIF

Unlocking the Potential of Alternative Investment Funds (AIFs)

Alternative Investment Funds (AIFs) represent a dynamic investment avenue, allowing investors to pool funds for ventures in private equity, real estate, and hedge funds. With their ability to customise investment strategies and raise resources flexibly, AIFs present a viable option for those looking to invest in non-traditional assets like private equity and real estate. Moreover, the substantial corpus generated through AIFs enhances the potential for significant investment returns. The Minimum Investment amount for AIF is Rs 1 Crore.

Key Advantages of Investing in Alternative Investment Funds:

  • Customisation: AIFs are renowned for their adaptability. They can be specifically structured and designed to align with various investment strategies. This could range from focusing on a particular sector to diversifying across multiple asset classes.

  • Flexibility in Raising Resources: One of the standout features of AIFs is their ability to attract a wide range of investors. This includes domestic and foreign investors, as well as Non-Resident Indians (NRIs), making them a versatile investment tool.

  • Large Investment Corpus: Functioning similarly to mutual funds, AIFs pool capital from various sources. This pooling strategy results in a significant corpus, which is instrumental in achieving targeted investment objectives.

Contact us to know more about AIFs

Difference between PMS & AIF

Type PMS AIF
Pooling of Funds In PMS, there is no pooling of investor funds. A separate Demat account needs to be created for every independent PMS investor Whereas in the case of AIF, pooling of funds is a necessity.
Minimum Investment RS 50 Lacs Rs 1 crore
Amount
Minimum Corpus PMS requires no corpus amount For AIFs, corpus needs to be a minimum of Rs. 20 crore. For angel funds, the requirement is lower, at Rs. 10 crore.
Lock in Period PMS investors have the choice to withdraw funds at any point in time. (Exit charges might be applicable) Close-ended units in AIFs have a lock-in period to which they must adhere.
Sponsor/ Manager Contribution While PMS has no specific requirements on Manager contribution. AIFs require managers to have continued interest. In the case of Category I and II of AIFs, managers should hold at least 2.5% of the corpus, or, Rs. 5 crores, whichever is lower. For Category III AIFs, a manager should hold at least 5% of the corpus, or, Rs. 10 crores, whichever is lower

FD, Bonds & NCDs

Corporate Fixed Deposits

Corporate Fixed Deposits offer a reliable investment option provided by both banking and non-banking financial companies. They are for investors seeking a low-risk investment avenue with a fixed income that gives flexibility with investment tenure. You can start with a modest amount of Rs. 5,000 and grow your savings securely.

Fixed Deposits we offer:

  • Shriram Finance

  • Bajaj Finance Ltd.

  • ICICI Home Finance

  • PNB Housing Finance

  • Sundaram Home Finance

  • HDFC Bank

  • LIC Housing Finance

  • Mahindra & Mahindra Financial Services

Capital Gain Bonds

Capital Gain Bonds issued by specified institutions in India, are a prudent investment for those with long-term capital gains from assets like land or buildings. These AAA-rated bonds are an efficient tax-saving tool, offering a five-year tenure. These bonds are exempted from wealth tax and can earn a 5.25% interest rate, with interest being taxable but free from TDS.

Bonds

Bonds, issued by governments and corporations, are fixed-income instruments that provide a secure way to invest your money. By investing in bonds, you lend funds to these entities and, in return, receive regular interest payments along with the principal amount at maturity. With bonds, you can enjoy a consistent stream of earnings with lower risk compared to equity.

NCD

NCDs offer higher returns than traditional fixed deposits. Issued by corporations, they assure regular interest but do not convert into shares. Ideal for investors prioritising fixed earnings and safety over equity exposure.

Contact us to invest in Fixed Income Products

Sovereign Gold Bonds

Sovereign Gold Bonds, issued by RBI for the Indian Government, offer a secure investment starting from 1 gram of gold. With an 8-year tenure and an early exit option after 5 years, they suit various investors. Limits range up to 4 KG for individuals and 20 KG for institutions, with a fixed 2.5% interest rate.

Upcoming Tranche Dates

Tranche Subscription Period Date of Issuance
2023-24 Series IV February 12 – February 16, 2024 February 21, 2024