How to Open Your FREE DEMAT Account
SMIFS is a SEBI registered Portfolio Manager, headquartered in Kolkata. It has its offices in Mumbai and representative offices in Chennai, Bengaluru, and Delhi. Decisions regarding investment is taken by a Committee of Core Group who are certified wealth managers and have an average experience of ~20 years in Stock Market
FEE STRUCTURE FOR SMIFS PRODUCTS
- Under Fixed Plan, an investor will have to pay 2% per annum of the Average Daily Value of the portfolio. This amount has to be paid quarterly.
- Under variable plan A, an investor will have to pay 1% of the portfolio amount + 10% of the profit above an annualized return of 10%. This amount has to be paid quarterly.
- Under variable plan B, the investor will have to pay 20% of profit on a Half Yearly basis
- BROKERAGE & STATUTORY CHARGES EXTRA
Our Philosophies to Portfolio Management Services
As far as the saying goes – As you sow, so shall you reap! Portfolio investments are similar to farming. Portfolio managers at SMIFS Limited ensures that in case of wealth management we separate the wheat from the chaff.
We choose the right crops for you
- We plant the foundation of your portfolio.
- We take care of your productive farm and modify its crops.
- We observe the weather
- YOU enjoy the fruits of success
Book An Appointment
FREE 30Min Consultation Slot with Our Expert
Our team is on hand to find out about your investment requirements and put you in touch with the right adviser to help.
What If?
- You already own some shares… For your PMS, we accept securities or cash, or both.
- Even after we begin, you can get back all the money, full or a part. There are no restrictions , but we require a selling window (typically 7 days, else immediate)
- You wish to make additional investments… We accept securities and/or cash for your PMS any time.
- You’re upset with us… As one of the well-known and reliable wealth management companies, we respect your right to be unhappy with our services and give you the option to withdraw your money.
- Mutual funds are dangerous. PMS on the other hand introduces stocks that are popping out proportionately. It also takes special care of the HNIs and the corporates. Investors can even opt for equity Mutual Funds as a better choice.
- The ‘Cash’ option is one of the biggest advantages of PMS services. PMS can maintain up to 100% of their assets in cash or liquid funds whereas mutual funds are “under pressure to remain invested.”
PMS Strategies
We approach investing in stocks in a targeted, logical, and long-term manner. Growth of earnings drives stock prices over the long run; above-average consistent earnings growth with a focus on high-quality companies; selecting the right stocks for various portfolios while maintaining flexibility if conviction is in place.
Research Philosophy
The stock selection process begins with the entire universe of stocks, and it uses a bottom-up strategy that involves thorough research on macro and micro factors, industry/sector fundamentals and trends. It also involves competitive analysis, particular industry/stock evaluation using a combination of quantitative and qualitative methods.
Sample Financial filters
Return on equity, Return on capital, margin on sales, market capitalization, floating stock, liquidity, price/earnings, price/book, PEG, dividend yield, GARP, replacement costs
Sample Non-Financial filters
A company’s track record, the accuracy of its financial data, the promoter’s or group’s background, industry demand, global market, its market share, its level of competition, the wisdom of its financial and accounting policies, the culture of compliance, Insider Acting and Promoters Pledge
PMS Operations – The basics
- Client/customer signs agreement with PMS manager
- A “Portfolio Account” is created
- PMS manager operates a “Pool Account” for all clients
- PMS manager buys and sells in this pool account
- Allocates trades to individual clients’ Portfolio Accounts
- Separate slices tracked daily for each client
- Dividend, bonus, rights benefit is available to each client
- Fees : can be charged on fixed or profit-share basis
SMIFS PMS PRODUCTS
SMIFS EVERGREEN
Our long-term and solid investment product is called Smifs Evergreen.
We choose only the well-built, evergreen plant that yield sweet fruits – season after season. We take tender loving care of these plants. And they become trees. They come from a solid gene pool, and give a decent harvest in almost all seasons. They can withstand bad weather. These are the plants that we sow for the long term.
Core values underlying the Smifs Evergreen Portfolio
| Investment Philosophy | Capital preservation with solid and steady growth |
| Risk Appetite | Minimal |
| Strategy | Invest in fundamentally strong scrips available at affordable valuation. Invest in large caps and blue chips. |
| Investment Time frame | Long term holding |
| Sectoral Bias | Across the Spectrum with no particular bias |
| Max Weightage | Stock 15% and Sector 25% |
Fee Structure
| PLAN | FEES / CHARGES | MODE OF PAYMENTS |
| Fixed Plan | 2% per annum of the average daily value of the portfolio | Payable quarterly |
| Variable Plan – A | 1% per annum of the investment amount — Plus — 10% of profit above an annualized return of 10% |
Payable quarterly
Payable half yearly |
| Variable Plan – B | 20% of Profit | Payable half yearly |
- Profit means realized gains, unrealized gains and dividend received.
- For variable plan, investment amount is re-calculated at market rates at the beginning of the financial year.
- Profit booking is at sole discretion of the fund manager.
- Service Tax and other surcharges are extra.
Note: We reserve the right to change our fee structure. Please speak with your PMS Relationship Manager for latest details.
SMIFS HARVEST
SMIFS Harvest is the moderate risk portfolio. We believe that few investors want a portfolio that is based on aggressive investment philosophy for driving their investments.
This product is based on the fact that some crops grow quickly than others. They are often vulnerable and thus require monitoring. We believe you can produce a significantly larger harvest by planting a few crops in farm as well depending on the risk profile. This way your harvest can grow better.
Core values underlying the Smifs Evergreen Portfolio
| Investment Philosophy | Take calculated risks and achieve significant growth. |
| Risk Appetite | Moderate |
| Strategy | Find clearly identifiable growth stocks at an early stage so as to ride the surge in value at the right time. |
| Investment Time frame | Medium to long term, from 6 to 18 months. Expect some churn arising out of investment review. |
| Sectoral Bias | Focus on hi-growth sectors in India |
| Max Weightage | Stock 20% and Sector 30% |
Fee Structure
| PLAN | FEES / CHARGES | MODE OF PAYMENTS |
| Fixed Plan | 2% per annum of the average daily value of the portfolio | Payable quarterly |
| Variable Plan – A | 1% per annum of the investment amount — Plus — 10% of profit above an annualized return of 10% |
Payable quarterly
Payable half yearly |
| Variable Plan – B | 20% of Profit | Payable half yearly |
Profit indicates realized gains, unrealized gains and dividend received.
The investment amount based on the market rates is re-calculated at the beginning of every financial year, in case of variable plan.
Profit Booking depends upon the Fund Manager.
Service Tax and other surcharges can be extra.
Note: We reserve the right to change our fee structure. Please speak with your PMS Relationship Manager for latest details.
We increase our HORIZON…
SMIFS Limited is pleased with the response it has received from its associates on the alpha returns from its existing PMS Products. As we welcome the power of Change, we realize our associate’s investment needs. Thus, we have introduced FIVE other niche PMS Products that deal with the investment needs of several categories of HNIs, UHNIs and corporates.
While some investors prefer a less risky patch, most of the young and adventurous investors like to walk few extra miles of patchy landscape till the reach the greener pasture. Throughout the development of this business several investors were found who preferred a greater slice of growth in the company.
Keeping in mind the needs of several categories of investors, SMIFS Limited is pleased to offer FIVE new niche PMS Products.