Portfolio Management Services (PMS) Offers customized investment solutions for clients, to help them achieve their financial goals. PMS service provider possess expertise in analyzing the investment objectives of the clients and guide accordingly with respect to their expected return and risk on investment. PMS Investment comes with various schemes / strategy which is chosen by client according to their return and risk appetite. PMS can be a mix of Equities, fixed income, commodities, real estate and / or other structured products etc. A portfolio manager is a regulated service provider which is governed by and registered under Securities and Exchange Board of India (SEBI).
Discretionary – Under these services, the choice as well as the timings of the investment decisions rest solely with the Portfolio Manager.
Non Discretionary -Under these services, the portfolio manager only suggests the investment ideas. The choice as well as the timings of the investment decisions rest solely with the Investor. However the execution of trade is done by the portfolio manager.
Advisory -Under these services, the portfolio manager only suggests the investment ideas. The choice as well as the execution of the investment decisions rest solely with the Investor.
PMS gives investors access to an institutional process of money management
Provides a customized solution by matching the unique circumstances and objectives of each investor.
Wealth creation based on disciplined investment process is the core of PMS.
Effective diversification helps reduce portfolio volatility and enhances risk‐adjusted returns over long term.
PMS gives investor direct ownership of the individual securities in the portfolio.
PMS can be offered only by entities having specific SEBI registration for rendering portfolio management services.
The Investment solutions provided by PMS cater to a niche segment of clients. The clients can be Individuals or Institutions entities with high net worth. Ideal for investors who:
The funds would be invested in equity shares of the companies listed on the recognized stock exchange of India and in debt securities.
We do not engage the funds of the clients in making intra-day trading or trading in future and options.
Yes, under PMS, demat account is opened in your name & all investments are made in your name only. Accordingly, any income accruing out of the investment made will also be credited in your bank account and the shares will be held in the Demat account in your name. As per the PMS agreement, the Power of Attorney for operating demat account will be with the portfolio manager.
Yes, it is not necessary to introduce only fresh funds, existing portfolio with market value of Rs. 50 lakhs or more can be introduced as investment. Also fresh funds of Rs. 50 lakhs or more can be considered as a valid portfolio. As per SEBI guidelines, minimum size of the portfolio of a client has to be Rs. 50 Lakhs.
Under discretionary portfolio management services, the investor can mention specific needs (sector restrictions) which the fund manager will keep in mind while investing your funds. However, the sole authority of investment decisions will be with the portfolio manager. You may opt for non discretionary services where the client has the option to invest / not invest at his own discretion on the basis of the portfolio manager’s recommendations.
There is no specific lock in period. The Lock in period depends on scheme to scheme. However, considering the benefits of long term investments, it would be advisable to have the investment horizon period of at least 5 years.
You will get a specific username and password which can be used to login on our website and can see the portfolio statements. As per SEBI instructions, a Portfolio Manager is required to furnish performance report to their clients in every 3 months.
The fees will be as per agreement between you and the Portfolio Manager. The fees will be payable annually / quaterly / monthly depending on the growth and the value of the portfolio at the year end.
As per SEBI guidelines, a portfolio manager cannot give any guarantee towards achieving any specific returns. However, with a calculated risk and keeping downside protection in mind, we will endeavour to outperform the returns provided by the stock market indices.
We are registered as a Portfolio Manager with Securities and Exchange Board of India (SEBI) and are governed by them through regulations and regular reporting. Our Certificate of Registration as Portfolio Manager is INP000004854. Orbis Financial Corporation Limited is a Custodian and also a Depository Participant of National Securities Depository Limited (NSDL). This ensures complete safety in operations. Stock ownership always rests with the client.
Investments are subject to market risks and there is no assurance or guarantee that the objective of the Portfolio Management Service will be achieved. The value of return on investments made may appreciate or depreciate to an unpredictable extent. Past performance of the portfolios does not indicate the future performance.
You can send us an email at support@acepro.in or call us on 022-26528671/72 and our representative will get in touch with you.
Yes, NRI can purchase shares of an Indian company on a stock exchange in India, under the portfolio investment scheme on repatriation and / or non-repatriation basis. PIO is considered as a NRI and hence all the benefits / conditions shall apply accordingly
As per Reserve Bank of India (RBI) guidelines, NRI who wishes to invest shares in India, needs to approach the designated branch of any authorized dealer (bank) for routing his transactions relating to purchase and sale of shares under the PIS (Portfolio Investment Scheme). NRI has to open a Bank Account, Demat Account with the authorized dealer (bank) and a trading account with a registered stock broker.
Payment for purchase of shares on repatriation basis has to be made by way of inward remittance of foreign exchange through normal banking channels or out of funds held in NRE account maintained in India. If the shares are purchased on non-repatriation basis, the NRIs can utilize their funds in NRO account in addition to the above.
The sale proceeds, dividends etc., will be credited (net of taxes) to the NRE account in case the investments were made was on repatriation basis. In case of non-repatriation basis, the proceeds would be credited to NRO account.
Yes. All investments involve a certain amount of risk, including the possible erosion of the principal amount invested, which varies depending on the security selected. For example, investments in small and mid-sized companies tend to involve more risk than investments in larger companies.
