PMS feedback
Anyone here invested via PMS? How has your experience been in terms of returns, fees, visibility/communication etc? Trying to assess if it's worth it vs DIY, mainly considering Dezerv PMS.
An MF PMS?
Just buy a mix of any decent large, mid, small cap MF and get it over with.
If you have 5cr+ in MF, I'd say go for an MF PMS. Because you can afford to be chill with that much in the investment. But below 5cr, considering your first criteria was returns, you may start nitpicking every 4-5% return variation. And that variation will happen for every PMS at different points in time. Its like you can't catch a MF fund manager for poor returns, so instead you can catch the PMS MF fund manager about poor returns. And what will that poor bugger say. Your money is with him anyway. If you leave it's a tiny loss for him. They just need to beat the benchmark, which anyway all MFs try.
I get the point. Wasn't planning to catch the PMS manager etc instead wanted to understand if there is a significant difference in returns over the 5-10 years time period between PMS and say decent/generic DIY MFs portfolio. Given something like 1% higher can make a significant difference over the years with compounding.
Then comes MF exits, tax profit/loss harvesting etc
