Has anyone tried Dezerv PMS service? I want to try PMS for first time
My net Equity portfolio reached 50L. I want now to try a PMS and somebody recommended me Dezerv. Anybody has used dezerv or any PMS for portfolio as small as mine?
Do you have an MF portfolio apart from this?
No thats all i have
One cannot/should not give all their money to a PMS, if it's all the money they have.
Check returns of PMSes, many have not done well. (There are enough poor performers that you can google and check)
Usually PMSes churn stocks resulting in a lot of short term taxation. With new short term tax change, PMSes have to outperform MFs by at least 3%to meet avg MF returns.
Would recommend building a 1.5cr MF base, and after that can consider a 50L investment into a PMS.
Remember SIFs are being launched next month.
They have more advantage of being taxed like MF, and being able to take more derivative positions.
