Which PMS do you use?
Portfolio management services
First question you should ask is - Do you really need a PMS?
I know after portfolio hitting 50+lakhs and markets peaking, you get confused on the next steps. More valid for covid stock investors as their expectation remains super high. Googling reveals a magic wand - PMS (more so because of marketing pages).
Risk with PMS -
1. Many PMSs aren’t able to beat index funds
2. PMS will charge a hefty fee even if they aren’t making money for you.
3. PMS will charge fixed fee + profit share as well (if they make)
Solution -
Gareebo ka PMS - Mutual Fund!
Luckily, we have some good AMCs who are rewarding long term investors handsomely while keeping returns a notch above index and not charging bomb in fee.
PMS - Check consistent compounders from Marcellus, white oak is another one. I don’t think they were able to beat index.
MF - You can try PPFCF, HDFC Flexi Cap
Great thoughts!
Currently I use a PMS and it beat index funds consistently last 3 years.
Planning to diversify and researching for 2nd PMS.
10/10 for fear mongering and cherry picking of data.
0/10 for actually answering the questions.
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Jordon Denver
Stealth
10 months ago
2point2. Not sure if they now have an intake though. Excellent fund and has beaten Nifty50.
Taxes are a major pain with PMS. Every trade that the fund manager does requires you to pay a tax if it was a profitable position.
This tax needs to come out of your other income or else you will have exit some portion of your PMS to pay the tax.
