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
- 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
- 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
