Portfolio Management Services (PMS) are an alternate to Mutual Funds. Mutual Funds collectively own large number of shares and then allocate units to its investors on NAV (price of holdings at a particular time) whereas PMS holds shares in YOUR name in YOUR demat account and YOU can view your actual portfolio at any time. We build an investment portfolio for you in Indian listed stocks and bonds. This portfolio is professionally managed by us. Our endeavour is to build wealth for you while mitigating the risk to capital.

MRG Capital provides Investment Management Solutions in PMS, under the Discretionary style. – Under these services, the choice as well as the timings of the investment decisions rest solely with the Portfolio Manager.

If you fall under any of the following categories, you are eligible to sign up:

1. Individuals
2. Hindu Undivided Families
3. Association of Persons
4. Partnership firms
5. Limited Companies
6. NRIs, Overseas companies, proprietary firms, societies, and overseas Trusts (subject to RBI approval)

A good business must be bought at a fair price. Our style of investment is based of Quantitative (Numbers, performance, trailing results over a min of 5-7 years) Qualitative (Quality of Management) Potential (Sustainability of a business through various cycles).

The following charges will be applicable.

1.     Asset Management Fees: 1% p.a. paid on quarterly basis charged on the avg. AUM of the portfolio.
2.    Brokerage: Actual as charged by the Broker. For the benefit of our investors, we deal primarily with discount brokers which charge very low brokerages when compared to regular brokers. Also, other expenses like custodian fees, audit fees and statutory charges as charged to every transaction and DP charges charged by the depository Participant are also charged on actual basis.
3.    Actual expenses incurred for account opening typically ~ INR 5000/-.
4.   Management fees are chargeable on daily average Market Value at the end of every quarter or withdrawal of fund whichever is earlier. (Please refer the product brochure/fee schedule for complete bifurcation of charges)
5. Portfolio manager will charge a performance fee on the portion of Assets under Management which has outperformed in excess to 10% of the capital contribution for any given year, net of other charges on high watermark principal.
6.  All applicable taxes (including service tax) and levies, if any (together with surcharge and additional surcharge, as may be applicable) leviable on such Fee, shall be charged to the Client Portfolio.
7.   In a nutshell if we manage to return 15% CAGR we would end up making approx. 2% in fees and if we end up making 10% for you, we would only charge 1% p.a

The Portfolio Management Service has no lock-in period. However, we will charge an exit load 2% of the AUM if you redeem your investment between 0 to 12 months and 1% of the AUM if its greater than 12 months and upto 24 months. This is primarily for our efforts and research. This is well in line and much lower than the industry standards and few other PMS services that charge upto 3% exit load in the first year.

No exit load will be charged on any redemptions after 24 months.