Avendus Wealth PMS – Review, Strategies, Returns, Charges & more

Avendus Wealth PMS is a custom financial services provider. They emphasize on giving custom solutions to their clients’ needs. They offer services across investment banking, wealth management and more.

We will review Avendus Portfolio Management Services under several aspects and our review will include the following:-

• Fundamentals of the company. This part will brief about the reasons behind their existence. This will even tell you about their founder. Moreover, it will include the details on the place and year of their foundation.
• All the required details about the type of PMS they offer.
• Description of all their fund managers. This part will tell you about their experience and expertise.
• Brief of all the strategies including the way they generate revenue.
• Detailed description of the return volumes promised by the company.
• Details of the investment plans they have to offer.
• Short description of all the commission structure they offer.
• Rates established for the prepaid sharing plan.
• Rates set for the volume% commission plan.
• Details and the rates set for the profit-sharing commission plan.
• List of all the PMS based charges they incur upon their clients. This will even brief about the exit charges.
• Reasons to invest with the company in the first place.
• List of all the support provided by the company’s customer care.
• And, a list of pros and cons of the company. This part will serve as the conclusion to the article.

Avendus Wealth PMS – Ratings & Review by Top10StockBroker

Overview of Avendus Wealth Portfolio Management Services

Find a detailed overview of the Avendus Wealth portfolio management service in the table given below-

Established in 2012, Avendus Wealth is new to the industry. However, the efforts and leadership of Ranu Vohra has led them to the top.

They have their headquarters in Mumbai, Maharashtra. And, they offer a wide range of services from therein. They’re a part of the Avendus Group that has an experience of 20 years.

And, that has led them to serve their clients with extreme precision. In fact, their approach of valuing multiple perspectives benefits clients a lot. And, that’s why they’re so popular with investors.

Now, we will have a discussion about Avendus Wealth portfolio management service company review, its PMS returns, PMS charges and more.

Types of Avendus Wealth PMS

Avendus Wealth PMS provides all sorts of PMS. And we’re referring to the Discretionary and Non-Discretionary PMS.

The Discretionary PMS enables the fund manager to take independent decisions. While the Non-Discretionary PMS requires the clients’ permission.

Furthermore, the former doesn’t grant advisory to the clients. The later, however, grants accurate advisory. In fact, the clients’ decision is sought after the advisory is provided.

Avendus Wealth PMS Fund Managers Details

The table given below is providing the entire details about the fund manager of Avendus Wealth PMS company.

Ajay Laijawala is in lead for the company’s Fund Management. He is a MBA with 25 years of experience. He’s in charge of managing over 500 cr. worth of assets a present.

And, his huge experience has helped the company to gain their reputation. In fact, his experience has even generated a lot of profits for the clients. In order to seek his expertise, one must invest for minimum 3-4 years.

Know Fund Managers of Other Portfolio Management Service Companies

Avendus Wealth PMS Strategies

The below table is providing details about the Avendus Wealth portfolio management service strategies-

diversified manner to ensure the profits. They invest in the small, mid and large-cap strategies. However, their strategies go much deeper. Here’s the list to all of their approach:-

Debt Investments:

They like to keep their approach simple. They stalk the market for fluctuations and deep analysis. And, once they’re confident enough, they invest on certain instruments.

The investment is a mix of hold-to-maturity & mark-to-market instruments. This approach often yields assured returns. They offer investments across ELNs, Liquid Funds, corporate FD and more.

Equity Investments:

Even the approach for this method remains same. The company analyses the market situations before investing. They however, invest upon the Equity Instruments for this. In fact, this approach is further divided into three categories:-

Equity Mutual Funds: The company invests upon a basket of mutual funds managed by AMCs. These mutual funds consist of several diversified funds. This includes the large-cap, multi-cap, mid-cap and small-cap funds. This strategy provides a balanced output.

Equity PMS/AIF: This strategy works best for mid-term investments. It generates significant capital growth through unorthodox ways. The company offers two options in this approach:-

• Phoenix Fund: This is a category-III Alternative Investment Fund. It invests in companies that can profit from operating and financial leverage. It invests in long-only, sector-agnostic portfolio.
• Avendus India Alpha Fund: This is a bottom-up strategy with focus on multi-cap and sector-agnostic portfolio. It invests on business with robust growth results. These businesses must also have strong management and operations handling.
• Direct Equity Investments: This is a Non-Discretionary PMS. In fact, its a mix of bottom-up and top-down approach. This focuses on streamlining the direct equity portfolio. The backbone to this approach is the company’s precise advisory.

Alternate Equity Investments:

This is a new approach towards alternative asset portfolio. They identify the up-coming trends and sectors through extensive research. Then they seek out the value stocks. This is sought from 100+ Private Equities and 50+ Venture Capitals.

Avendus Wealth PMS Returns / Performance

The below table is giving details about Avendus Wealth PMS returns and performance-

Aforesaid table describes the Avendus Wealth PMS Returns. The table shows the returns as CAGR (Compound Annual Growth Rate).

As you can see, you’ll get 10.2% on 3-year investments. You’ll get around 7.2% while investing for 5 years. The 7 and 8-year investments will get you 8.4% and 9.5% returns. And, the CAGR for 11-year investments stands at 11.1%.

Know Returns of other PMS Brands

Avendus Wealth PMS Investment Plans

Below the given table is providing details about the Avendus Wealth portfolio management service investment plans.

Avendus grants distinct profits based on investment tenures. In fact, they’ve categorized their plans based on investment terms. And, this includes four different categories.

The first is the Bronze plan. This is meant for investments worth 25L – 50L. Next in line is the Silver Plan. Investments worth 50L – 1cr. fall under this category.

Third is the Gold Plan. This includes the investments from 1cr. – 5cr. And, at last comes the Platinum Plan. It is meant for the premium investors. The investments worth more than 5cr. fall under this category.

Avendus Wealth PMS Fee Structure or Commission Slabs

Find the details about the types of commission models or fees structure offered by Avendus Wealth PMS house are as follows-

Avendus Wealth PMS Commissions have three models to offer. We are referring to the Prepaid, Volume% and the Profit-Sharing models. The clients have the liberty to opt out any one of them.

Avendus Wealth PMS Prepaid Commission

Avendus uses this to raise the commissions in advance. And, since the clients pay in advance, they get price relaxation. In fact, this model seeks the least charges.

The clients with Bronze Plan must pay a commission of 1.40% of investment. The ones with Silver, must pay 1.25% commission on investment. Gold Plan holders must pay 1.05% on investment.

The Platinum Plan holders get the maximum relaxation. They must only pay 0.90% commission on their investments.

Avendus Wealth PMS Volume% Commission

Commission rates for Vloume% model is discrete too. As per this model, the clients pay on every transaction by the fund manager. And, the transactions are made as per the market requirements.

So, the overall charge goes higher than the Prepaid variant. The clients pay 0.109% on transaction volume for Bronze plan. They pay 0.104% on transaction value for Silver.

Commission of 0.090% is paid by the Gold Plan holders. And, the Platinum Plan holders pay 0.075% on transaction volume.

Avendus Wealth PMS Profit Sharing% Commission

The table given below is showing details about profit sharing% commission model-

The third model offered by Avendus is the Profit-Sharing Model. This charges the clients on the profits earned. This is most popular with the clients. The charges are annual.

But, the clients only pay after ascertaining profits. The client must pay 22.7% of their profits as per Bronze Plan. They must pay 21.7% of their profits for the Silver investments.

They must pay 19.7% of their profits for Gold investments. And, the payment for Platinum investments is 17.7% of the profits.

Know Charges models of other Portfolio Management Service Providers

Avendus Wealth PMS Charges

The below-given table is giving information about Avendus Wealth Portfolio Management Service Charges-

There are other charges you must pay apart from Commission. We are referring to the mandatory PMS based charges. And, Avendus is strict about levying these charges from clients.

So, pay attention to the list below:-

• You must pay a depository charge on asset value at 0.17 – 0.30 %.
• Must pay the brokerage charges on transactions at 0.006% – 0.026%.
• Should pay an up-front fee at 0.71% – 0.91% on Asset Value.
• You must the custodian charges at 0.20% – 0.35% of asset value.
• And, you must pay an exit load at 0.65% – 1.20% of withdrawal value. This is applicable for withdrawal before 12 months.

Avendus Wealth PMS Benefits

Find the details about Avendus Wealth PMS advantages in the table given below-

There are several offers grated by Avendus Wealth. We’ve only listed the most lucrative ones:-

• They provide regular updates through email, SMS and WhatsApp. This allows the clients to stay informed of their investments.
• They provide extensive reporting. This include, Back-Office, Portfolio View and Detailed View. This helps in maintaining transparency with the clients.
• They grant top-up facility to their clients. This helps the clients to invest more on the existing plans. This allows the clients to increase their investment value upon will.
• They have an experienced fund manager. And, this is the most important aspect of any PMS.
• They grant their clients with flexible investment and commission plans. This helps the clients to decide their approach on their own.

Avendus Wealth PMS Customer Care

The table given below is showing a detailed view of Avendus Wealth PMS Customer Care.

This is the most crucial part of their offerings. And. They are good at it. In fact, Avendus is relied upon due to their customer care support. Here’s the list to what they provide:-

• They grant the clients to connect with the fund manager in person. In fact, the clients are allowed to call the manager 9-11 times a month. This enables the clients to better understand their investment approach.
• They provide the clients with a dedicated relationship manager. This helps in active and prompt issue resolution. This even enables the clients to learn more about their investment status.
• They grant their clients with active email and call support. This way, the clients can stay informed of their investments 24×7.

Avendus Wealth PMS Conclusion

We find Avendus Wealth PMS to be a good one. They have unconventional approach. And, they have a proven record of 15 years. What else can you possibly need. We think, they can be entirely trusted with PMS.

Know everything about more PMS companies