Podcast : How a Portfolio Management Service (PMS) Works

Episode 152 of Paisa Vaisa hosted by Anupam Gupta

On the IVM Podcast site: http://ivmpodcasts.com/paisavaisa-episode-list/2018/9/24/ep-152-portfolio-management-scheme-pms-feat-deepak-shenoy

Tune in to this episode where Deepak explains the structure and operations of a Portfolio management scheme :

1. How the PMS vehicle originated and differences from mutual funds
2. AIFs (Alternate Investment Funds) — the Hedge Fund equivalent in India
3. PMS and customised portfolios per customer across debt and equity
4. Entry loads, Exit loads and performance fees — Capitalmind Wealth doesn’t charge any of these
5. The Disclosure Document
6. Discretionary vs. Non Discretionary
7. The investment mandate — can’t do commodities, currencies or foreign equities
8. Nuts and bolts of the structure — bank, demat accounts, custodian and fees
9. What to look out for?
10. How clearly do they disclose performance?
11. Transparency in fees and operations
12. Asset allocation PMS, timeline of deployment,
13. Align your goals with the PMS investment goals — if you want sold short term returns then it might not make sense to invest in a PMS that invests in small and mid cap stocks
14. What Capitalmind Wealth charges — 1% + gst etc. = 1.37% all in

Learn more at www.capitalmindwealth.com