Portfolio Management Services (PMS)

Why Sharekhan PMS?

No sleepless night for investors

We endeavour to avoid exposure to troubled sectors or stocks. Our exposure to highly cyclical or leveraged companies is almost negligible

Quality compounders

Taking a long-term view on investments and sticking with Quality compounders, we always keep an eye on multi-year structural themes and stocks

Minimal pain in volatile times

No wild swings in performance or prolonged periods of excesses

Superior risk-adjusted returns

Our strategy endeavours to work well over long-term investments and has the potential to deliver superior returns

Investment Process

Investment Universe

Listed equity

Sector agnostics

Overweight on preferred sectors

Research

In-house research

Unpublished research ideas

Ideas generation

Sharekhan research calls

Fund Managers

Reviews & Monitoring

Active reviews process

Investment committee

Execution & Support

Experienced research team

Strong back office team for transaction and post investment support

Our PMS Products

Prime Picks PMS – The Best of Both Worlds

Portfolio Objectives

Prime Picks follows a dual investment approach (with two distinct portfolios in one scheme)
The portfolio endeavours to deliver superior risk-adjusted returns across market cycles through a well-defined stock selection process and balanced allocation between Quality and Alpha
0 – 100% assets are allocated in equity stocks and any excess cash balance is invested in mutual funds

Who is Prime Picks designed for?

Investors having a moderate risk profile and seeking to generate superiorrisk-adjusted returns
Investors seeking to create wealth by investing for the long term

Risk factors

Market Risk:
As the portfolio created is invested in the equity market, if for some reasons the equity market corrects, there will be associated risk with this product too
Risks Associated with Full Deployment of Cash:
In the event of market correction, there can be risk to the portfolio due to full deployment of cash

Key Information

Fund Type: Fundamental PMS
Benchmark Index: BSE 500 TRI
Minimum Investment: ₹ 50 Lakhs
Equity Strategy

Category

Large cap Quality

Mid cap Quality Alpha

Small cap Alpha

Growth Blend Value

Equity Strategy

Benchmark: BSE 500 TRI

Inception Date: June 2018
Charges: AMC 2% of corpus plus taxes Brokerage and Statutory Costs Delivery: 0.50% and other statutory levies 20% profit sharing after 18% hurdle rate (with high watermark basis)
Allocation: The scheme offers three plans as per individual risk appetite. To see pricing plans and their details, view the table below:

Category
Large cap	Quality
Mid cap	Quality		Alpha
Small cap			Alpha
	Growth	Blend	Value
	Equity Strategy

Prime Picks PMS Pricing Plans
Particulars	Plan A	Plan B	Plan C
Minimum Investment	₹ 50 lakh	₹ 50 lakh	₹ 50 lakh
Additional Investments	Multiples of ₹ 1 lakh	Multiples of ₹ 1 lakh	Multiples of ₹ 1 lakh
Management Fees	0%-2% p.a. on corpus + taxes	0%-2% p.a. on corpus + taxes	0%-1% p.a. on corpus + taxes
Brokerage	0.1%-0.5% + statutory charges	0.1% + statutory charges	0.1% + statutory charges
Hurdle Rate	18% (net of all the cost)	15% (net of all the cost)	12% (net of all the cost)
Profit Sharing Fees*	20% profit sharing post hurdle rate	20% profit sharing post hurdle rate	20% profit sharing post hurdle rate
Exit Load	NIL	3% if exit within 1 year	3% if exit within 1 year
		2% if exit within 2 years	2% if exit within 2 years
		1% if exit within 3 years	1% if exit within 3 years

Note : Management Fees are charged equally across four quarters. Fees are subject to overall regulatory caps as may be specified in the Disclosure Document.
*Subject to High Water Mark Principle.

Disclaimer: Investment in securities market are subject to market risks, read all the related documents carefully before investing. For registration and other details, visit www.sharekhan.com

Sharekhan PMS - Prime Picks

Quality Folios

Companies with multi-year structural compounding stories

Alpha Folios

Aggressive strategy of investing in early multibaggers, stocks and special situations

Two Portfolio

Prime Picks

Quality + Alpha

Quality Portfolio - Proven Wealth Creators

Quality Portfolio

Companies with structural growth themes
Proven success stories
Sustainable multi-year earnings growth
Immune to disruptive changes in the industry and long-term competitive advantage

Objective is to give stability to the portfolio and generate sustainable returns on a consistent basis
Low volatility and low churn
Tax efficient and cost minimisations
Tenure of investments is largely for long term in most of the cases

Alpha Portfolio - Aggressive Strategies

Alpha Portfolio

Generate alpha through special situations, turnaround stories and other related opportunities
Short- to medium-term opportunities led by irrational market behaviours/weak temporary market perception
Market cap agnostic

Objective is to earn alpha returns
Medium volatility and moderate churns>
No restricution on investment tenure

Prime Picks Investment Strategy

Particulars	Quality Portfolio	Alpha Portfolio
Investment philosophy	High-quality companies with multiyear structural growth theme	Aggressive focused strategy that invests in early multi-bagger stocks and special situations
Company profile	Companies with sustainable earning growth in excess of industry growth	Investing in tomorrow’s leaders, scalable business model, temporary weak market perceptions and large arbitrage due to low coverage
Holding period and price volatility	Long-term holding strategy and low price volatility provides cushion to the portfolio	Both long-term and tactical churn strategies are deployed

Portfolio Philosophy

Conservative

Aggressive

Moderate (Default)

There are three portfolio allocation options available in PRIME PICKS – Conservative, Moderate and Aggressive. Based on your risk profile, you can choose the allocation between Quality and Alpha portfolios at the time of investing in PRIME PICKS. Moderate allocation with 60% in Quality portfolio and 40% in Alpha portfolio is the default option suggested by us.

VIEW RISK DISCLOSURE DOCUMENT

Diversified Equity PMS

Portfolio Objectives

Diversified Equity is a multi-cap strategy which endeavours to have two-thirds of exposure to Top 100 companies at any given point of time
The Portfolio endeavours to deliver superior risk-adjusted returns across market cycles through a well-defined stock selection process
0 – 100% assets are allocated in equity stocks and any excess cash balance is invested in Mutual Funds

Risk factors

Market Risk:
As the portfolio created is invested in the equity market, if for some reasons the equity market corrects, there will be associated risk with this product too
Risks Associated with Full Deployment of Cash:
In the event of market correction, there can be risk to the portfolio due to full deployment of cash

Who is Diversified Equity designed for?

The product is suitable for investors having a moderate risk profile and seek to generate superior risk-adjusted returns
Investors seeking to create wealth by investing for the long term

Key Information

Fund Type: Fundamental PMS
Benchmark Index: BSE 500 TRI
Minimum Investment: ₹ 50 Lakhs
Charges: AMC 2.5% of corpus plus taxes Brokerage and Statutory Costs Delivery: 0.50% and other statutory levies 20% profit sharing after 15% hurdle rate (with high watermark basis)