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IT IS A GOOD ARTICLE ON WEALTH CREATION BUT CAN U PROCIDE THE RETURNS OF YOUR PMS AND HOW MANY TYPES OF PMS DO U MANAGE AND OTHER DETAILS. THANKS
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@ Abhijit - Could you share your contact details. We will get in touch with you. @Mohsin - Thanks a lot sir!
GREATARTICLE . GREAT CO AND MAYBE THEIR PMS. I HAD CALLED THEM EARLIER TO ASK THE MIN ENTRY LIMIT FOR THEIR PMS. I AM STILL WAITING FOR THATCALL. IT IS APPROX > 30DAYS OVERDUE. REGARDS ABHIJIT KANETKAR
Excellent article on PMS. Good analysis and data presented is explained in simple language. Thank you Akhilji.
@ Vikram - Will ask my zonal head Kshitiz n Delhi to call you asap.
@ H. Sankara Raman - Minimum amount is 25 Lacs sir as per SEBI guidelines. Since this is product with underlying equity investment, there is no minimum return assured, however we share tract record of past performance which will give some idea to investors.
What is the minimum investment ? What is the exit option ? Any minimum return per annum is indicated or assured ?
Good article. Pls contact me @ 9810001840 for business discussion.
@ DB Desai - Sir, licence to operate PMS is issued by SEBI, just like a mutual fund licence. If you could share your number, we will call and discuss on commercial part as well.
@ Tarun - the article is pointed out more to advisors like yourself to explore the opportunity of recommending PMS as an offering. As the article explains the irony of a direct equity investor, an IFA needs to take an extra step forward to ask client for their demat holdings, on our website www.motilaloswalmf.com there is a tool to compare and analyse the direct equity portfolio. As an advisor you must then advice your investor to sell the non performing junk stock by transferring the stocks to PMS provider and retain good quality stocks. PMS provider will then sell the junk stocks and buy in to one of the model portfolios, thereby cleaning up the mess. PMS revenue sharing with distributors is also attractive and not subject to regulatory change at least for now. I hope I have been able to answer your question. for further information, pl share your contact details, we will call you and try and give you deeper understanding.
You should have given performance of your schemes under PMS. Is it regulated? Can one use his ARN for this business? What is the commission/brokerage paid to the IFA?I would be happy to talk to someone from Motilal Oswal, if they prefer to call me.
Very True Akhilbhai. One should adopt Professional route of investments and not try burning his hands by direct management. If this happens, investors will have steady & good returns from equity Markets and thereby participation will increase gradually
Its a good article from the investors point of view. What is in for the distributors. Please explain.