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PMS service experience
- Thread starter CC-Muncher
- Start date
Because you want the fee to be 1% or below like how you want the TER to be below 1% in case of MFs
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The only difference between an ETF and MF for an Index would be that ETFs can be traded anytime on a trade day whereas MFs will be executed at the end of the day once NAV is decided
There would be no other difference otherwise as index funds by definition track indexes and thus there is minimal role of a fund manager there
I don't believe PMS are for people whose entire net-worth is going to sit in hands of a Fund Manager
You will be better off with Index Investing as atleast you can attribute any changes to the overall market sentiment and not a Fund manager's strategy
There is a reason why PMS and AIF are generally targeted towards the wealthy.
You need to have a certain net-worth where you can feel comfortable with letting someone else deciding the financial decisions for a part of your net-worth and freeing the time for you to focus on other things.
You will be better off with Index Investing as atleast you can attribute any changes to the overall market sentiment and not a Fund manager's strategy
There is a reason why PMS and AIF are generally targeted towards the wealthy.
You need to have a certain net-worth where you can feel comfortable with letting someone else deciding the financial decisions for a part of your net-worth and freeing the time for you to focus on other things.
george99
TF Buzz
wanna park money for high risk high return for next 15-20 years
george99
TF Buzz
you forgot the fees part,makes a lot of difference in 20 years of horizon
Both Index ETF and MF already accomodate your fee part in the price they are trading for.
There is no fund in existence where the expense ratio will be zero
Just to make it clear, I am talking about MFs and ETFs for Indexes
then go for mutual fund
george99
TF Buzz
suppose my corpus becomes 30cr, at 1% expense ratio i would be paying 30L after few years
if that is the case invest directlysuppose my corpus becomes 30cr, at 1% expense ratio i would be paying 30L after few years
but the main question is a person with a 30 cr portfolio wont worry himself with such concerns
george99
TF Buzz
yeah.Read somewhere that these small % makes a big difference in long term
IT DOES but you can do nothing about it if you do not have the knowledge and risk appetite to do it on your own
jaybheda
TF Buzz
I am using smallcase and also doing sip in smallcase since last 2 years.
I started with just 35k on Teji mandi small case with annual fee of 1200/-. The fee is fixed and irrespective of portfolio size.
My current smallcase portfolio size is approx 3.3L And my xirr is approx 50%.
You may choose good smallcase. Some smallcase are also managed by PMS itself.
Do your research and take decision.
Disclaimer: I am invested in it and just shared my experience with that. This is not a recommendation or advice. Consult your financial advisor before taking any decision.
I started with just 35k on Teji mandi small case with annual fee of 1200/-. The fee is fixed and irrespective of portfolio size.
My current smallcase portfolio size is approx 3.3L And my xirr is approx 50%.
You may choose good smallcase. Some smallcase are also managed by PMS itself.
Do your research and take decision.
Disclaimer: I am invested in it and just shared my experience with that. This is not a recommendation or advice. Consult your financial advisor before taking any decision.
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george99
TF Buzz
makes sense.Even HDFC 250 small cap ETF expense ratio is 0.2% almost similar to passive index small cap funds
What does the referral link do?
jaybheda
TF Buzz
Sorry my mistake. I thought I might get benefits on subscription. But there is no referral benefit available. I corrected my post.
devine_mortal
TF Premier
25% delta over Index? Thats way too much to sustain for any PMS. Any examples?
