Club Millionaire PMS represents a successful new PMS brand. The company was merely established in 2007. And, yet, they’ve managed to climb up the ladders.
And, their investment philosophy and a determined team are the reasons for their success. They even offer holistic financial solution across Equities, Bonds, Debts and Mutual Funds.
However, only their list of services is not up for discussion today. In fact, we’ll lay a detailed review of Club Millionaire Portfolio Management Services. And, the review will include these: –
- A brief description of their history. And, we’re referring to their inception story. We’ll even discuss about their founders in this part.
- Here, We’ll notify you of the type of PMS they have to offer.
- We’ll elaborate all about their fund managers. We’ll include their experiences in detail. And, we’ll tell you the net worth of the assets they manage.
- We’ll let you in on the strategies they use. And, we’re referring to the strategies used for gaining profits.
- We’ll lay down a detailed chart about the expected returns. And, we’ll emphasize on the differences of return based on investment terms.
- We’ll clarify about the different investment plans they have. This part will include the pros and cons of each plan. This will even help you understand the key difference in them.
- We’ll have a clarification for all of their commission plans. This part will position the main differences in the plans. And, we’ll even help you understand how each plan works.
- We’ll explain about their prepaid commission model.
- We’ll explain about their volume% commission plan.
- And more about Club Millionaire PMS
Club Millionaire PMS – Customer Ratings & Review
Find Client ratings of Club Millionaire Portfolio Management Services –
|Returns Performance||3.7 / 5|
|Services||3.8 / 5|
|Charges||3.6 / 5|
|Experience||3.8 / 5|
|Strategies||3.7 / 5|
|Client Support||3.5 / 5|
|Overall Ratings||3.6 / 5|
Overview of Club Millionaire Portfolio Management Services
Find a detailed overview of the Club Millionaire portfolio management service in the table given below-
|Registered Location||Kochi, Kerala|
|Leadership||Paresh G Sangani|
|Yr. of Establishment||2007|
Club Millionaire PMS has their headquarters in Kochi, Kerala. They were brought to existence by the efforts of Paresh G Sangani. The company initiated their operations in the year 2007.
And, ever since, they’ve worked their way to satisfy the clients. Their 14 years XIRR is more than 31%, which is way high than Nifty. We’re talking about the Extended Internal Rate of Return.
Their prime motto is to satisfy their clients’ financial needs. And, their strict way of approach makes it all possible. They gather needs, set up expectation and work accordingly.
And, this approach has till date kept them atop their competitors. Now, we will have a discussion about Club Millionaire portfolio management service company review, its PMS returns, PMS charges and more.
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Types of Club Millionaire PMS
There are 2 types of Club Millionaire Portfolio Management Services –
|Types of PMS|
Client satisfaction is the prime motive of Club Millionaire PMS. And, they ensure to take all steps to ascertain this. They even provide their clients two forms of PMS.
We’re referring to Discretionary and Non-Discretionary PMS. Discretionary PMS as all about lessening their clients’ involvements. This even puts the decisive control of funds onto the fund manager’s hands.
Non-Discretionary PMS works in an entirely different manner. The company first provides their clients with proper advisory. Then they seek their clients’ permission for portfolio alterations.
This puts the decisive power on the clients’ hand. And, it even requires a lot of involvement of the clients.
Club Millionaire PMS Fund Managers Details
The table given below is providing the entire details about the fund manager of Club Millionaire PMS company.
|Fund Manager’s Details|
|Name||Nand Kishore Agarwala|
|AUM (in Cr.)||Approx 711 cr|
|Number of Clients||390|
Fund management is a crucial part of any PMS company. And having an expert Fund Manager is just a fragment of the need. Especially, with varying world economic conditions.
Nand Kishore Agarwala leads the division of fund management for Millionaire Club. Being a CA, he’s got the apt commercial expertise. And, an experience of 6 years adds up to his capabilities.
His current clients list to 390. And, the net worth of assets he manages is over 700 Cr. You too can have him use his expertise on your investments. However, that will require a minimum of 3 years investment time.
Know Fund Managers of Other Portfolio Management Service Companies
|Karvy PMS||Motilal Oswal PMS||Quest Investment Advisors PMS|
|Kotak PMS||NJ Wealth PMS||Reliance PMS|
|Mastertrust Capital PMS||Old Bridge Capital PMS||Right Horizons PMS|
Club Millionaire PMS Strategies
The below table is providing details about the Club Millionaire portfolio management service strategies-
|Large Cap Strategy||Yes|
|Small – Midcap Strategy||Yes|
Club Millionaire PMS offers all kind of support to satisfy their clients. This even includes investing in all the portfolio categories. And, we mean all three, small, mid and large-cap portfolios.
However, that will be an understatement to mention their strategy. In reality, they have a much complex strategy in place. Here’s what they actually do: –
This strategy is based on object fulfillment through multiple actions. And, it is not confined to one approach. In fact, it depends on the position of the market. Even the clients’ expectations are considered as important part. It’s built around three aspects: –
- Keeping the Project Capital in mind.
- Expecting returns better than Fixed Deposits.
- And, outperforming the benchmark index in long term.
Most of the investment value is spent on large cap portfolios. This ensures assured returns over long terms. And, the promised rate is achieved by spending on the promising mid cap portfolios.
The entire approach is based on thorough research. That’s why, the returns are made as per the promises.
Club Millionaire PMS Returns / Performance
The below table is giving details about Club Millionaire PMS returns and performance-
|11 Year Plus||9.3%|
Looking at the above chart, you’ll get complete idea of the company’s CAGR. We’re talking about the compound annual growth rate. And, the CAGR is defined as per investments terms.
In fact, it has been divided in five distinct parts. Any investments of 3 years will receive a CAGR of 11.1%. 5-year investments are subject to 8.5% CAGR. 7-year investments can expect a CAGR of 10.2%.
Investments of 10 years can be expected to fetch 7.4% CAGR. And, all investments above 11 years are expected to fetch 9.3% CAGR.
Know Returns of other PMS Brands
|Narnolia PMS||Paterson Securities PMS||Porinju Veliyath PMS|
|Nine Rivers Capital PMS||Pelican PMS||Prabhudas Lilladher PMS|
|Pantomath Fund Managers PMS||Phillip Capital PMS||R Wadiwala Securities PMS|
Club Millionaire PMS Investment Plans
Below the given table is providing details about the Club Millionaire 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|
Club Millionaire PMS has categorized their investment plan in four parts. And, each part is distinct and differs from the other in many ways. However, the main difference between them is the term of investment.
The first part is Bronze. It caters to the investments between 25L-50L. Next is the Silver plan. It caters to investments within 50L-1Cr.
Gold Plan comes third in line. It caters to investments worth 1Cr.-5Cr. And, then comes the Platinum Plan. It is responsible to cater to investments over 5 Cr.
Club Millionaire PMS Fee Structure or Commission Slabs
Find the details about the types of commission models or fees structure offered by Club Millionaire PMS house are as follows-
|Commission / Fees Structure|
|Profit Sharing% Commission||Yes|
Club Millionaire PMS has three different commission acquisition plans. We’re referring to the prepaid, volume% and the profit-sharing plans.
Club Millionaire PMS Prepaid Commission
|Prepaid Commission (Yearly)|
|Investment – 25L – 50L||0.98% of Investment|
|Investment – 50L – 1 Cr.||0.93% of Investment|
|Investment – 1 Cr. – 5 Cr.||0.83% of Investment|
|Investment – 5 Cr. Plus||0.73% of Investment|
As the name suggests, this requires commission payment in advance. The commission rates are based on various investment plans. The Bronze plan is subject to 0.98% commission.
Silver plan holders must pay 0.93% commission. Gold plan requires 0.83% commission to be paid. And the Platinum plan needs 0.73% commission payment. The commission is paid on the investment value.
Club Millionaire PMS Volume% Commission
|Volume% Commission (Yearly)|
|Transaction Volume – 25L – 50L||0.116% of Total Transaction Volume|
|Transaction Volume – 50L – 1 Cr.||0.110% of Total Transaction Volume|
|Transaction Volume – 1 Cr. – 5 Cr.||0.100% of Total Transaction Volume|
|Transaction Volume – 5 Cr. Plus||0.089% of Total Transaction Volume|
This commission plan must be pretty clear to you by now. It requires payment on per transaction basis. We’re talking about the transactions made by the fund manager.
So, at the end, you must pay for all the transactions made. Anyway, it has four categoric distinction. The first one is Bronze plan. It seeks a commission rate of 0.116%.
Second one in line is the Silver Plan. It seeks a commission rate of 0.110%. Third in line is the Gold Plan. It seeks 0.100% commission rate. And, the last one is the Platinum Plan. It seeks 0.089% of commission.
Club Millionaire 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||21.1% of Profit|
|Profit Amount – 5L – 10L||20.1% of Profit|
|Profit Amount – 10L – 50L||18.1% of Profit|
|Profit Amount – 50L Plus||16.1% of Profit|
Most popular amongst the clients is the Profit-Sharing plan. This seeks the payment of commission after one realizes the profit. Even this is categorized into four segments.
The Bronze Plan holders must pay 21.1% of commission. Silver Plan holders are levied with 20.1% commission rate. Gold Plan needs a payment of 18.1% commission. And Platinum Plan requires 16.1% commission to be paid.
Know Charges models of other Portfolio Management Service Providers
|Renaissance Investment PMS||Sameeksha Capital PMS||Shade Capital PMS|
|Revelation Portfolio PMS||Samvitti Capital PMS||Sharekhan PMS|
|Sageone Investment PMS||Sanctum Wealth PMS||Shepherds Hill PMS|
Club Millionaire PMS Charges
The below-given table is giving information about Club Millionaire Portfolio Management Service Charges-
|Management Fees||As per commission model|
|Upfront Fees||0.55% – 0.72% of Asset Value|
|Brokerage Charges||0.005% – 0.018% of Total Transaction Value|
|Custodian Charges||0.18% – 0.31% of Asset Value|
|Depository Charges||0.14% – 0.35% of Asset Value|
|Exit Load – within 12 months||0.65% – 1.01% of Withdrawal Value|
|Exit Load – post 12 months||Free|
Here is the complete list of PMS charge you must pay beside average commission rates: –
- 55%-0.72% pf the asset value as upfront fee.
- A certain amount for management charges. It’s based on the commission plan you select.
- Brokerage charges worth 0.005%-0.018% of total transaction value.
- Custodian charges worth 0.18%-0.31% of the asset value.
- Depository charges worth 0.14%-0.35% of the asset value.
- Exit load at 0.65%-1.01% of the withdrawal value. However, this is only applicable on withdrawals within 12 months of investment.
Club Millionaire PMS Benefits
Find the details about Club Millionaire PMS advantages in the table given below-
|Benefits / Advantages|
|Back office Reports||Yes|
|Flexible Commission Model||Yes|
|Flexible Investment Plans||Yes|
The complete list of benefits of investing with Club Millionaire PMS unfolds as follows: –
- They provide customization options. This is unique with them. They finetune the investment plan as per their clients’ requirements. They even consider man factors like risk profile, investment capacity and more.
- They’ve been known for their utmost transparency in business.
- They provide top-up facility to enable the clients to increase their investment value.
- They provide accurate reporting through multiple media. This includes Back-Office Reports, Detailed View and Portfolio View.
- They keep their clients updated. They use SMS and Email as platforms for this.
Club Millionaire PMS Customer Care
The table given below is showing a detailed view of Club Millionaire PMS Customer Care.
|Relationship Manager Support||Yes|
|Call to Fund Manager||Yes – 6 Times a month|
|Issue Resolving TAT||20 working days|
Their customer care is really supportive. And, they provide the clients with these facilities: –
- Accurate and swift support over call and email.
- Permission to call the fund manager 6 times a month.
- Provision of a dedicated relationship manager.
- Issue resolution timeframe of only 20 working days.
Club Millionaire PMS Conclusion
Club Millionaire PMS is good to go with. They have custom investment plans. And, they really care about their clients’ investment stature. This enables the to provide and deliver as promised.
Know everything about more PMS companies
|Satco PMS||Scient Capital PMS||SMC Global PMS|
|Savvy Capital PMS||Securities Investment PMS||Solidarity Investment PMS|
|SBI Funds PMS||Seers Fund Management PMS||Stewart Mackertich PMS|
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