No we are not limited to bunch of MF’s, but we consciously restrict our Portfolio creation to Funds which pass through our Fund selection process which is a mix of various factors like Size , Performance, Fund Management Process and Manager , Current Portfolio, USP and fitment of a particular scheme in clients portfolios.
Yes,we offer Tax Savings Funds in our selection depending on clients financial plan.
No ,we do not charge any fees from our clients. Users will only have to bear nominal transaction charge which is upto Rs 25/- per transaction.
No, we are not a “ROBO ADVISOR”. As an organization we do not believe in the concept “ One size fits all”, hence we customize portfolios for each of our investors keeping in mind their individual Risk Appetite , Needs and Goals . Our portfolio customization will require few interactions between you and us to clearly define our road ahead . We do use technology as enabler for our fund selections and investment.
No ,we are not "Free" as we need your time commitment of at least 30 minutes every quarter for a periodic review of your Portfolio. We get our small Fees from Mutual funds of approx. 0.75 % p.a .The second source of our fees comes when you refer your friends and colleagues if you feel we are doing a good job .
Yes , Each of our Portfolio is customized to suit individual needs of our clients . All our advise is keeping in mind your requirements and needs .
You can start with Rs 1000/- in ELSS funds. for all other mutual funds you are free to start with as low as Rs 500/-.
In case you want to opt for the offline mode, we can still work together. We don’t charge the clients but we expect clients to reimburse our costs like courier and conveyance which are minor.
Incase of online investment, money from your account will directly go into account of mutual fund company. We donot hold your money in between. Incase of offline investment, your cheques are written in favour of the scheme concerned not in our favor .
Switching of Funds is possible as many times as needed in all open ended funds .
We have rigorous fund selection process which is enabled by technology to analyse funds on various factors like Size , Performance, Fund Management Process and Manager , Current Portfolio ,USP and fitment of a particular scheme in clients portfolios.
Yes we get our revenue from MF companies but our first filter of working with Fund Houses is that goals of client, our and fund House must be aligned. To ensure this, we work on what is referred as All trail model in industry not on Upfront fees model e.g
Amount invested : Rs 100000/-
After 1 year valuation is Rs 130000/-
The fund house pays us ( Rs 100000+ Rs 130000) / 2 = Rs 115000 ( AVERAGE Assets for the year) 1 % = Rs 1150 rs
This money is paid to us in 12 equal installment i.e Rs 1150/12 p.m. = Rs 96 p.m approx.
While in case we work on Upfront model we will be paid Rs 1000/- as soon as you invest .
We have opted for the first model as it aligns our fees directly to client's return, hence we work together to enhance OUR returns.