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 -
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
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.
For any investor, Mutual funds after a point become less exciting mode of investments. Also last 4 years spoiled everyone in the market. I was in a similar space and was trying to pick a PMS to accelerate my folio, but looks like returns...
Any review for dezerve pms services? Portfolio performance vs fee charged. Any risk involved?
