Is Sharekhan Portfolio Management Services available for NRIs?

Yes, Sharekhan PMS services are available for NRIs. You will have to open a PIS account as required under RBI guidelines to avail the PMS services. Sharekhan offers 2 types of PMS services to NRIs

1. PMS Proprime Diversified

   The ProPrime Diversified Equity PMS invests for a long term to create an equity portfolio with medium to high risk.

   • Investments are done in specific stocks based on fundamental research
   • Primarily Nifty Fifty or the BSE 100 scrips are selected for investments with an exposure of minimum 70% in the Nifty Fifty stocks and 90% in the BSE 100 stocks.
   • Minimum Investment Amount is Rs 25 Lakhs
   • Charges-
     • AMC fees: 2.5% annually (to be charged every quarter)
     • Brokerage: 0.5%
     • Profit-sharing: 20% profit sharing after the 15% returns is gained at the end of every fiscal year
2. PMS Wealth Optimizer

   The strategy is to identify most undervalued stocks of growing companies based on reported financial performance.

   • Automated decision-making system assigns value to each stock through fundamental analysis.
   • Stocks with higher growth potential are selected
   • Top 10 stocks are selected each day
   • The exposure in each sector is restricted to 20% of the client's portfolio
   • Stocks invested are reviewed every quarter based on quarterly results
   • Minimum Investment Amount is Rs 25 Lakhs