Personal Finance13mo
by FloatingMarshmallowInvestor
DizzyMarshmallow
ICICI direct pms services review
Someone from ICICI Bank reached out to me taking about their pms services. He suggested to try it out for a while with small amount like 1L for a while and then if satisfied transfer my portfolio to their system. From what I know sebi has a guideline for pms to only accept investments more than 50L but he suggested since I have a salary account with them they can accommodate my case for 25L also. They said their target will be to get 25% returns per quarter. I'm considering to explore this option hence asking for reviews or suggestions.. If anyone has had some experience with ICICI direct please provide some reviews
5mo ago
Talking product sense with Ridhi
9 min AI interview5 questions
SleepyWaffle
Stealth5mo
@Piderman - go to your branch and only clarify about this. In 2018; I opened icici wealth branch account. They've taken a deviation for me on the deposit amount; account opening as I was young and I've the potential to earn more and age was also less.
You can visit in person and look into this.
DizzyMarshmallow
Booking.com5mo
What's a wealth account? What do you mean by deviation?
SleepyWaffle
Stealth5mo
@Piderman - deviation in your words based on the above - accommodating my case
Wealth account - opened an account with their wealth branch instead of normal branch.
SparklyPenguin
Apple4mo
There are better PMS funds and one can check their entire history, track record on
https://www.sebi.gov.in/sebiweb/other/OtherAction.do?doPmr=yes
DizzyMarshmallow
Booking.com3mo
Yes but they won't work with 25L capital. Right ?
SparklyPenguin
Apple3mo
PMS by definition needs min 50L
CosmicQuokka
Paralleldots5mo
Something is totally off with this, sounds like a scam to me, (the person who called you is fake and impersonating icici bank rep)
you reach out to your personal relationship manager at icici bank and inquire about PMS to get clarification.
DizzyMarshmallow
Booking.com5mo
No, he is actually my rm as seen on the ICICI Bank app.
GigglyNoodle
Student5mo
Smells fishy ngl
Discover more
Curated from across
Personal Finance21mo
by SnoozyBananaSoftware Engineer
Any review on Dezerv mutual fund PMS?
I’m planning to move my MF investment to Dezerv PMS. I’m planning to start with 50L(min req investment).
Personal Finance11mo
by FluffyCupcakeProduct Manager
Friday Fin - PMS Vs MF 🤔
For any investor, Mutual funds after a point become less exciting mode of investments. Also last 4 years spoiled everyone in the market. I was in a similar space and was trying to pick a PMS to accelerate my folio, but looks like returns...
by SparklyPenguinAccount Manager
Any views on PMS ?
Hey all, I am sure quite a few of the folks here are investing in MFs, stocks whether DIY or through an wealth advisor. I am particularly interested to know your experiences of investing and building your equity portfolio via a PMS which...