Basant Maheshwari PMS – Review, Strategies, Returns, Charges & more
Basant Maheshwari PMS is one of the trending PMS institutions of eastern India right now. They are reliable with the strategies and services they are offering.
At the same time, the return rates are significant as well. The fees structure is something we can agree upon; however, their primary asset is the experience that their team possesses.
On top of that, it is evenly backed by their amazing support team. We believe they have gained quite some fame in the industry.
Here is a detailed review of Basant Maheshwari Portfolio Management Services.
Basant Maheshwari PMS – Customer Ratings & Review
Find Client ratings of Basant Maheshwari Portfolio Management Services –
|Returns Performance||3.5 / 5|
|Services||3.4 / 5|
|Charges||3.5 / 5|
|Experience||3.3 / 5|
|Strategies||3.2 / 5|
|Client Support||3.4 / 5|
|Overall Ratings||3.4 / 5|
Overview of Basant Maheshwari Portfolio Management Services
Find a detailed overview of the Basant Maheshwari portfolio management service in the table given below-
|Registered Location||Kolkata,West Bengal|
|Yr. of Establishment||2015|
Basant Maheshwari is primarily an LLP firm which is located in the city of joy, Kolkata. The founder, Mr. Basant Maheswari, spearheaded this driving force of a company since its inception in 2015.
Just within four years of operation, they have already become one of the renowned names in eastern India, if not in all of India.
Now, we will have a discussion about Basant Maheshwari portfolio management service company review, its PMS returns, PMS charges and more.
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Types of Basant Maheshwari PMS
|Types of PMS|
With just over four years of operations, they have done quite well and have managed to deliver both Discretionary and Non-Discretionary services.
Prior to that, they also provide Advisory services. We will discuss the strategy services in details later.
Basant Maheshwari PMS Fund Managers Details
The table given below is providing the entire details about the fund manager of Basant Maheshwari PMS company.
|Fund Manager’s Details|
|AUM (in Cr.)||212 Cr.|
|Number of Clients||176|
The Fund Manager of the institution is the person who is the owner of the firm – Basant Maheshwari. He has a total experience of more than 15 years and has approximately 176 active clients.
His AUM is roughly 212 Crores INR with the average investment tenure being three years. Meanwhile, his highest qualification is Bachelor in Commerce.
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Basant Maheshwari PMS Strategies
The below table is providing details about the Basant Maheshwari portfolio management service strategies-
|Large Cap Strategy||Yes|
|Small – Midcap Strategy||Yes|
Basant Maheshwari trusts the traditional investment approach more often. They deal with both Discretionary and Non-Discretionary services.
However, there is mainly one stipulation that differentiates the Discretionary from Non-Discretionary services – the minimum investment amount has to be at least ₹1,00,00,000 to refer the investment as Non-Discretionary.
Therefore, any investment amount below ₹1,00,00,000 will be considered as Discretionary, which means the Fund Manager will have all the ability to manage and reshuffle the portfolio as per requirement.
Not only that, but he will also have the discretionary power to buy or sell securities. If he wishes he can keep secure custody of the securities and monitor book closures, rights, bonus, dividend, and many more.
Apart from that, they also deal with Advisory Portfolio Management Services. Unlike the Discretionary services, the job of the Portfolio Manager or the Fund Manager is limited to suggesting and accumulating information.
The final call will be the clients. Meanwhile, the responsibilities of the Fund Manager are notifying on the portfolio strategy, sectoral allocation & investment, and divestment of particular securities on investors’ portfolio.
Basant Maheshwari deal with all forms of companies – from large Cap investment stocks to small-cap and Mid-cap. However, they also don’t shy in dealing with diversified strategies as well.
Basant Maheshwari PMS Returns / Performance
The below table is giving details about Basant Maheshwari PMS returns and performance-
The return rate is what every investor shows their maximum interests. Basant Maheshwari offers a decent Compound Annual Growth Rate (CAGR) to its investors.
To start with, we will reveal the return rate of a 3-year investment plan, which is 9.1%. The CAGR for a 5-year investment plan is 10.2%, which is surprisingly higher than some of the veteran companies.
Next stop is for the 7-year investment plan, where they offer 9.6%, which is industry par. Now, for a 10-year investment plan, they provide an underwhelming 7.8% CAGR.
The same distress follows for every investment plan of above 11 years.
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Basant Maheshwari PMS Investment Plans
Below the given table is providing details about the Basant Maheshwari portfolio management service investment plans.
|Bronze (25L – 50L)||Yes|
|Silver (50L – 1 Cr.)||Yes|
|Gold (1 Cr. – 5 Cr.)||Yes|
|Platinum (5 Cr. Plus)||Yes|
The investment plans start from ₹25,00,000 to ₹50,00,000 for Basant Maheshwari, which they call their Bronze investment plan.
They follow that up with the Silver investment plan, where the investment amount ranges between ₹50,00,000 to ₹1,00,00,000. Many believe this plan is their most accepted among the clients.
Then there is the Gold investment plan where the investment amount varies between ₹1,00,00,000 to ₹5,00,00,000. Finally, we have their Platinum investment plan where the investment amount must be more than ₹5,00,00,000.
Basant Maheshwari requests the investors to check the commission rates before finalizing any of their investment plans.
Typically, the commission rates are indirectly proportional to the invested amount; if one increases the other decreases and vice-versa.
Basant Maheshwari PMS Fee Structure or Commission Slabs
Find the details about the types of commission models or fees structure offered by Basant Maheshwari PMS house are as follows-
|Commission / Fees Structure|
|Profit Sharing% Commission||Yes|
Similar to most other PMS institutions, Basant Maheshwari also availed three of the most accepted commission payment models.
Basant Maheshwari PMS Prepaid Commission
|Prepaid Commission (Yearly)|
|Investment – 25L – 50L||1.10% of Investment|
|Investment – 50L – 1 Cr.||1.00% of Investment|
|Investment – 1 Cr. – 5 Cr.||0.90% of Investment|
|Investment – 5 Cr. Plus||0.80% of Investment|
Prepaid Commission is a payment model that when an investor chooses, he or she has to pay the commission amount in advance before the start of the investment tenure.
The investors believe, which we also before apparently that this model costs the least amount of commission fee on an average.
Now, Basant Maheshwari charges 1.10% yearly if the investment amount varies between ₹25,00,000 to ₹50,00,000. Again, if the investment amount varies between ₹50,00,000 to ₹1,00,00,000, that commission rate drops down to 1.00% per annum.
This trend follows if the investment amount ranges from ₹1,00,00,000 to ₹5,00,00,000, where the investors must pay an annual fee of 0.90%. Last but not least, if the invested amount is more than ₹5,00,00,000, they will charge 0.80% annually.
Basant Maheshwari PMS Volume% Commission
|Volume% Commission (Yearly)|
|Transaction Volume – 25L – 50L||0.108% of Total Transaction Volume|
|Transaction Volume – 50L – 1 Cr.||0.098% of Total Transaction Volume|
|Transaction Volume – 1 Cr. – 5 Cr.||0.088% of Total Transaction Volume|
|Transaction Volume – 5 Cr. Plus||0.078% of Total Transaction Volume|
In the case of the Volume% Commission payment model, the rate of commission is determined primarily via the total successful transaction that the Fund Manager processed in a financial year.
Sometimes, market volatility can also be a contributing factor. Now, Basant Maheshwari charges 0.108% per annum if the total transaction amount resides between ₹25,00,000 to ₹50,00,000.
Similar to that, if the total transaction volume goes past ₹50,00,000 but not cross ₹1,00,00,000, the investors have to pay 0.098% per annum.
In case if the transaction volume ranges between ₹1,00,00,000 to ₹5,00,00,000, they charge 0.088% annually. Finally, if the total transaction amount exceeds ₹5,00,00,000, then the rate of commission will be 0.078% per annum.
Basant Maheshwari PMS Profit Sharing% Commission
The table given below is showing details about profit sharing% commission model-
|Profit Sharing% Commission (Yearly)|
|Profit Amount – 2.5L – 5L||22.7% of Profit|
|Profit Amount – 5L – 10L||20.7% of Profit|
|Profit Amount – 10L – 50L||18.7% of Profit|
|Profit Amount – 50L Plus||16.7% of Profit|
For the Profit Sharing% Commission payment model, the investor will only pay the commission fees when they make a profit from the invested amount.
Many believe this model is very straightforward; maybe that is why it is often considered as the best commission model for the investors.
Now, Basant Maheshwari charges commissions based on the slab they have set. If the profit margin lurks between ₹2,50,000 to ₹5,00,000, then they charge 22.7% per annum, where if that profit volume varies between 5,00,000 to ₹10,00,000, then they charge 20.7% per annum.
The same phenomenon follows if the profit margin ranges from ₹10,00,000 to ₹50,00,000; in that case, they charge 18.7% per annum, and finally, if the profit margin exceeds ₹50,00,000, then they charge 16.7% per annum.
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Basant Maheshwari PMS Charges
The below-given table is giving information about Basant Maheshwari Portfolio Management Service Charges-
|Management Fees||As per commission model|
|Upfront Fees||0.54% – 0.74% of Asset Value|
|Brokerage Charges||0.004% – 0.011% of Total Transaction Value|
|Custodian Charges||0.18% – 0.25% of Asset Value|
|Depository Charges||0.11% – 0.23% of Asset Value|
|Exit Load – within 12 months||0.73% – 1.00% of Withdrawal Value|
|Exit Load – post 12 months||Free|
Here are all the fees they charge from the investors while undergoing the investment plan selected by the client.
- They charge commissions based on Prepaid Commission, Volume% Commission, and Profit Sharing% Commission. The investor can choose any models as they wish.
- The Upfront fee varies between 0.54% – 0.74% of the total asset value.
- 004% – 0.011% of the total transaction value can be the Brokerage Charges.
- There are Custodian Charges that varies between 0.18% – 0.25% of the total asset value.
- For the Depository Charges, they impose a fee which varies between 0.11% – 0.23% of the total asset value.
- The Pre-12-months Exit load varies between 0.73% – 1.00% of the total withdrawal value, whereas the Post-12-months Exit load is free of cost.
Basant Maheshwari PMS Benefits
Find the details about Basant Maheshwari PMS advantages in the table given below-
|Benefits / Advantages|
|Back office Reports||Yes|
|Flexible Commission Model||Yes|
|Flexible Investment Plans||Yes|
Whatsapp support is the only facility mission from their support service list. Apart from that, they are pretty much covered in every aspect like –
- Top-up Facility.
- Back-office Reports.
- Email Updates.
- SMS Updates.
- Portfolio Views.
- Detailed Views.
- Flexible Commission Models.
- Flexible Investment Plans.
- Massive experience.
Basant Maheshwari PMS Customer Care
The table given below is showing a detailed view of Basant Maheshwari PMS Customer Care.
|Relationship Manager Support||Yes|
|Call to Fund Manager||Yes – 5 to 6 Times a month|
|Issue Resolving TAT||20 working days|
Basant Maheshwari offers terrific support services to their existing clients. They provide call and email support, which is crucial for quick problem escalations.
They lack Whatapp support, which is a trend now. However, they don’t provide the chat service either, which is a bummer.
Meanwhile, the Relationship Manager support is decent, with the average TAT being 20 working days to resolve any issue. The investors, however, can call a maximum of 5-6 times in a month in case there is any problem or query.
Basant Maheshwari PMS Conclusion
It is okay to say that Basant Maheshwari is a relatively new company. So, there are bound to have some issues. The positive side is they believe they can be better and always keen to innovate and deliver something profitable to their investors.
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