Portfolio Management Services

Our Services

ABOUT ITHOUGHTPMS

We began our Portfolio Management journey in August 2019 with the launch of our Flagship product, SOLITAIRE. Since then, we have successfully launched our other four products – TRUBLU, VRDDHI, SPHERE & NIO.

Our Portfolio Management Service is curated for investors with an expectation of reasonable long-term returns generated through moderate risk-taking and consistent investment strategy. Our objective is to invest in well-managed companies with a proven business model at reasonable yet attractive valuations.

Wondering which PMS product to choose?

Talk to our Team of Experts today!

WHAT IS A PMS & HOW TO CHOOSE THE RIGHT PMS?

A portfolio management service is one where a professional fund manager charges a fee to manage portfolios. Per SEBI guidelines, the minimum investment towards a portfolio management service is Rs. 50 Lakhs. Portfolio management services may be discretionary, where the fund manager has the final decision-making authority, or non-discretionary, where the investor is actively involved in the decision making.

IMPORTANT LINKS & DISCLOSURES

FREQUENTLY ASKED QUESTIONS (FAQs)

Who can open a PMS account with ithoughtpms?

An investor who meets the minimum ticket size requirement of Rs 50,00,000 and is keen on generating consistent returns with minimum volatility. Investors who are willing to stay invested and scale their investments for at least 3 years will benefit from our model. Investors in the ithoughtpms focus on long term wealth creation through gradual incremental additions.

What is the minimum limit for investing in Portfolio Management Services?

As per SEBI regulations, the minimum acceptable investment in a PMS strategy is Rs 50,00,000. The minimum investment limit can vary from scheme to scheme.

What are the modes through which I can make investments in PMS? Or can I open a PMS account with a combination of cash and stocks?

An investor can invest in a PMS scheme by way of cheque or bank transfer. Some fund houses also accept investment by way of stock transfer.

What are the fees charged by portfolio management services?

Portfolio management services either charge a fixed management fee on the total AUM or a performance fee based on the returns generated for the investor. Some schemes, however, could charge a combination of both. At ithoughtpms, SPHERE & Solitaire charge a fixed fee. TRUBLU gives you an option to choose between fixed fee and performance based fee. VRDDHI charges a combination of both.

Can I bring in additional funds later?

PMS schemes are usually open-ended funds. Post your initial investment, PMS strategies accept additional top-ups with minimum acceptance criteria. Some schemes also accept top-ups by way of SIPs.

Can an NRI avail of the Portfolio Management Service?

Yes, NRIs can invest in the PMS strategies.

What is the tax treatment in PMS investment?

Gains within the fund in an investor’s demat account will be taxed the same way as that of an investor directly buying or selling stocks. Short term capital gains (<1year) on equity are taxed at 15% plus surcharges and long term capital gains are at 10% plus surcharges.

Would I be allowed to book profits partially anytime?

If a PMS scheme does not have a lock-in period, then investors can redeem money as and when they require, however most schemes charge an exit load in the initial years. Ideally, investing in a PMS is for investors looking to create long term wealth by compounding rather than those looking for a regular stream of income or payouts. Gains within the fund in an investor’s demat account will be taxed the same way as that of an investor directly buying or selling stocks. Short term capital gains (<1year) on equity are taxed at 15% plus surcharges and long-term capital gains are at 10% plus surcharges.