INVESTING WITH IMPACT
An investment portfolio contains stocks, fixed income, debt, cash, structured products, and individual securities. Different people have different investment objectives, and a Portfolio Manager’s job is to curate the investment portfolio accordingly. The management of an investment portfolio tailored to your need by a professional money manager is called Portfolio Management Service.
Investing in PMS = You are the owner of individual securities.
This is different from mutual fund investor where he owns the units of entire fund. With PMS, your account will be unique and you will have complete freedom to look after it. Your Portfolio Manager will simply provide the expertise so that you reach your financial goals smoothly.
A TRUSTWORTHY NAME IN PMS
FREQUENTLY ASKED QUESTIONS
WHAT IS THE DIFFERENCE BETWEEN DISCRETIONARY AND NON-DISCRETIONARY PORTFOLIOS?
Discretionary Portfolio Manager manages funds of each client as per the requirement of the client and gives discretion during the time of investment. Non-Discretionary Portfolio Manager manages and invests funds as per the direction of the client. We, at Lakewater Advisors provide only discretionary PMS presently.
IS THERE ANY REGULATORY BOARD THAT LOOKS AFTER THE PMS?
Yes. PMS is supervised and regulated by SEBI. In order to provide Portfolio Management Service, the entity has to be registered with SEBI. The services in India is provided by specialized PMS entities, asset management companies and brokerage houses.
WHO CAN SIGN UP FOR PMS?
• Resident Individuals
• Hindu Undivided Families (HUF)
• Body Corporate (Private/Public)
• Trust (Registered)
• Non Resident Indian (NRI)*
• Partnership Firms or any other eligible investor (* Subject to RBI approval)
WHAT ARE THE QUALIFICATIONS TO OPEN AN ACCOUNT?
Any individual who is 18 years and above and a resident or non-resident of India can open an account. Also, a minimum investment amount of INR 50,00,000 is needed.
CAN I MEET AND DISCUSS MY INVESTMENT PLANS WITH MY PORTFOLIO MANAGER?
Of course! Our investors should feel free to request an appointment with us and we will promptly arrange a meeting with our PM to discuss your portfolio or answer other Investment related queries.
CAN PORTFOLIO MANAGER IMPOSE A LOCK‐IN ON THE INVESTOR?
No, PMs cannot impose lock-in on the investment.
But they can charge exit fees as stated in the agreement in case of an early exit by the client.