Porinju's PMS

Is there anyone here using Porinju's PMS? ..if yes, for how many years n how is your experience? ..his claim is how far true?..plz share your experiences

 

I think only HNIs are there for Porinju's PMS. I am not HNI I don't think anyone here is HNI Other wise they would not be here.

 

25LAKH is minimum inveatment in PMS service as per SEBI rule
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One cannot claim which is not true,his clients shown no objectikn and we also seen his success in stock picking
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So no doubt he is great money maker.u may ask him ti manage ur money .minimum investment he can accept is 25 lakhs

 

PMS were a big hit before the 2008 market crash but faced accusations of misuse. Many were not registered and indulged in heavy churning. After that, the Securities and Exchange Board of India, or Sebi, introduced stringent regulations.

raised the minimum investment limit from Rs 5 lakh to Rs 25 lakh. It also banned pooling of accounts of different investors.

The investor can offer either a sum of up to Rs 25 lakh or stocks worth this much. PMS are offered on discretionary as well as non-discretionary basis. In the former, the manager takes investment decisions and has the power of attorney to manage the investor's demat account. In non discretionary, he merely suggests investment ideas; the rest is the investor's prerogative.

Most PMS charge a 2% annual fee and get 20% profit beyond a hurdle rate

PMS they are also not giving any guaranty of capital , market risk is also very high in that

medium to Low Risk apatite investors may look in to " Mutual Funds "

 

Mutual funds are best because charge is also less (2%) versus 20% charged by PMS

 

Yes specialty some good small mid cap funds like Franklin India smaller compnies funds,DSP microcap fund,Mirae asset emerging star fund,uti mid cap fund etc are good choice over PMS.

 

Very good performance better ..one or two in 10 becomes real multibaggers..worth hai.. Best Part is PMS fees is very low for all PMS providers .. u need atleast 25lac plus a buffer of 5 L suggested so about 30 Lac min investment

 

Kindly make the term Multibagger understandable for me. How many times appreciation in price in how many years or in what time frame? Kindly also mention how much apprecitiatione( CAGR) in portfolio is assured?