Enam Asset Management PMS – Review, Strategies, Returns, Charges & more

Enam Asset Management PMS is an establishment of 1997 which is registered under SEBI as Enam Asset Management Company Pvt. Ltd. (EMAN AMC).

It is a portfolio management company which is focused on providing investment solutions and portfolio management services to the clients.

Enam Asset Portfolio Management Services is well recognized in the city of Mumbai and this article is a review of this firm which is targeted for the readers who are interested in investing with the help of this firm.

The article will contain all the details regarding the charges, commission, investment strategy used by the firm and many such details to provide you the right grounds for taking a wise decision about choosing your portfolio management company.

PMS Offers


Enam Asset Management PMS – Customer Ratings & Review

Ratings
Returns Performance4.2 / 5
Services4.1 / 5
Charges3.3 / 5
Experience3.9 / 5
Strategies4.0 / 5
Client Support3.8 / 5
Overall Ratings3.8 / 5
Star Ratings★★★★★

Overview of Enam Asset Management Portfolio Management Services

Find a detailed overview of the Enam Asset Management portfolio management service in the table given below-

Overview
Company TypePrivate
Registered LocationMumbai, Maharashtra
LeadershipJiten H. Doshi
Yr. of Establishment1997

Enam Asset Portfolio Management Services is a private venture started by Jiten H. Doshi in the city of Mumbai in the year 1997.

This firm is a reputed portfolio managing firm in the city with hundreds of clients with more than asset worth billions of USD.

The Enam Asset Management PMS is mainly focused on serving the HNIs, corporate clients and the global institutional investors.

The team at this firm who are responsible for the investment planning and strategizing and implementation are all experienced and knowledgeable in this field.

They have years of experience under their belt and they do thorough research and analysis before investing any money of the clients.

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


Types of Enam Asset Management PMS

Types of PMS
DiscretionaryYes
Non-DiscretionaryYes

There are two different types of Enam Asset Management PMS available which are –

Discretionary

In this case, you handover all the rights and responsibilities of your portfolio to the fund manager and you do not take part in the investment process.

As an investor, you are only interested in seeing your investment grow at a specified percentage every year.

The fund manager takes care of the investment, he takes all the decision whether to invest in a share or not, how much to invest, when to invest and everything related to your investment and portfolio.

Non-discretionary

When you choose this type of service, then you are just consulting the fund manager and not providing him the rights to take investment decision on your behalf.

You will take the decision and accordingly, he will invest and manage the portfolio.


Enam Asset Management PMS Fund Managers Details

The table given below is providing the entire details about the fund manager of Enam Asset Management PMS company.

Fund Manager’s Details
NameMr. Rajesh Khona
Experience23 years
Highest QualificationB.com, ACA
AUM (in Cr.)Approx USD 2 billon
Number of Clients793
Investment Tenure2-3yrs

With an experience of more than 23 years, Mr. Rajesh Khona is the Enam Asset Management PMS Fund Manager. He has done his graduation in accountancy and financial with a degree of B.Com and he is also an ACA.

He manages close to 2 Billion USD catering to 793 clients. The investment horizon normally opted by him is close to 2-3 years.

The track record of Mr. Khona is quite consistent and this is mainly due to the stock selection process and the investment strategy used by him.


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Enam Asset Management PMS Strategies

The below table is providing details about the Enam Asset Management portfolio management service strategies-

Strategies
Large Cap StrategyYes
Diversified StrategyYes
Small – Midcap StrategyYes

The Enam Asset Management PMS Strategies are quite easy to understand and simple to use but at the same time, they are highly effective. Their investment strategy is a five-step process which are –

Investment Universe

This is the first step of the investment process where the fund manager selects 200 companies from various sectors with a specific capitalization limit.

Analysis and Research within the Universe

Once the investment universe is built, the next step they do is to analyze all the stocks from their valuation, operational, competitive, and financial angle.

In this step, the fund manager checks whether the stocks (which stocks) are meeting the investment criteria of the investors.

The fund managers also talk to the company’s policymakers and management in order to under the future prospect from the inside.

Decision Making

Here, from all the stocks in the investment universe, thirty to forty stocks are selected. These stocks are selected on the basis of their valuation and the firm follows a bottom-up strategy.

Tracking

Once the investment is done, the fund manager’s duty is not over here. He is to monitor the portfolio day in and day out and alter as per the market needs. The market is going down, he needs to change the investment accordingly and vice versa.

Selling

If the stocks prices in the portfolio get close to the intrinsic value, the fund manager sells those stocks most often. It is to safeguard the investor from the downside risk.


Enam Asset Management PMS Returns / Performance

The below table is giving details about Enam Asset Management PMS returns and performance-

Returns (CAGR)
3 Year12.5%
5 Year11.3%
7 Year9.5%
10 Year12.0%
11 Year Plus11.5%

The Enam Asset Management PMS Returns for the last three years is close to 12.5% which is quite high from the average in the market and provided by other peer portfolio management companies.

The return for the 5 years is 11.3% which is also exponentially higher than others in the field.  The seven-year return is a little lower at 9.5 compared to its other returns.

The last ten years return if you see is very consistent at 12% and 11.5% is an 11 year and above return.


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Enam Asset Management PMS Investment Plans

Below the given table is providing details about the Enam Asset Management portfolio management service investment plans.

Investment Plans
Bronze (25L – 50L)Yes
Silver (50L – 1 Cr.)Yes
Gold (1 Cr. – 5 Cr.)Yes
Platinum (5 Cr. Plus)Yes

The Enam Asset Management PMS Investment Plans starts with a Bronze plan which is for investment worth Rs. 25 lakhs to 50 lakhs.

The next plan is known as the Silver plan which is for investment from Rs. 50 lakhs to Rs. 1 crore. For the investment value from 1 crore to Rs. 5 crores, there is a Gold plan and over and above that there is a Platinum plan which is for investment worth more than 5 crores.


Enam Asset Management PMS Fee Structure or Commission Slabs

Find the details about the types of commission models or fees structure offered by Enam Asset Management PMS house are as follows-

Commission / Fees Structure
Prepaid CommissionYes
Volume% CommissionYes
Profit Sharing% CommissionYes

The Enam Asset Portfolio Management Services Fee Structure includes prepaid commission which is paid according to the amount you as an investor invest.

Then there is volume% commission which is paid on the number of transactions. Finally, there is profit sharing% commission which is paid according to the amount of profit generated by the fund manager.


Enam Asset Management PMS Prepaid Commission

Prepaid Commission (Yearly)
Investment – 25L – 50L1.3% of Investment
Investment  – 50L – 1 Cr.1.1% of Investment
Investment – 1 Cr. – 5 Cr.1.0% of Investment
Investment – 5 Cr. Plus0.8% of Investment

The minimum Enam Asset Management PMS Prepaid Commission is 0.8% which is lower than many firms in this industry for the investment of more than 5 crores.

For the investment bracket of Rs. 1 crore to 5 crores, the prepaid commission is 1% while it is 1.1% for the investment bracket of Rs. 50 lakhs to 1 crore.

And for the minimum investment between Rs. 25 lakhs to 50 lakhs, the repaid commission is 1.3%. The prepaid commission is quite on the lower side.


Enam Asset Management PMS Volume% Commission

Volume% Commission (Yearly)
Transaction Volume – 25L – 50L0.10% of Total Transaction Volume
Transaction Volume – 50L – 1 Cr.0.09% of Total Transaction Volume
Transaction Volume – 1 Cr. – 5 Cr.0.08% of Total Transaction Volume
Transaction Volume – 5 Cr. Plus0.07% of Total Transaction Volume

The Enam Asset Management PMS Volume% Commission starts from 0.07% which is for the maximum investment amount over and above 5 crores.

It is 0.08% for the transaction volume within 1 crore to 5 crores. For the transaction volume between Rs. 50 lakhs to 1 crore, the percentage charged for volume% commission is 0.09% and 0.1% for any transaction volume between Rs. 25 lakhs to Rs. 50 lakhs.

This commission is also lower than many other firm’s volume % commission which is in favor of the investor.


Enam Asset Management PMS Profit Sharing% Commission

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

Profit Sharing% Commission (Yearly)
Profit Amount – 2.5L – 5L21% of Profit
Profit Amount – 5L – 10L19% of Profit
Profit Amount – 10L – 50L17% of Profit
Profit Amount – 50L Plus15% of Profit

The commission you have to pay on the profit made by the fund manager on your investment is the Enam Asset Management PMS Profit Sharing Commission and that starts from 15% which is for the maximum profit that can be earned and it can be anything over and above Rs. 50 lakhs.

For-profit up to Rs. 50 lakhs from Rs. 10 lakhs, the percentage you will have to pay on the profit is 17%. For-profit of Rs. 5 lakhs to 10 lakhs, the percentage share of the firm is 19% and 21% for any profit between 2.5 lakhs to 5 lakhs.


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Enam Asset Management PMS Charges

The below-given table is giving information about Enam Asset Management Portfolio Management Service Charges-

Charges
Management FeesAs per commission model
Upfront Fees0.55% – 0.85% of Asset Value
Brokerage Charges0.006% – 0.02% of Total Transaction Value
Custodian Charges0.1% – 0.3% of Asset Value
Depository Charges0.1% – 0.15% of Asset Value
Exit Load – within 12 months1.0% – 1.5% of Withdrawal Value
Exit Load – post 12 monthsFree

Apart from the commission, there are few other Enam Asset Management PMS Charges. The Enam Asset Portfolio Management Services Charges includes upfront fees of 0.55% to 0.85% on the asset value, brokerage fee/charges of 0.006% to 0.02% of the total transaction value.

There are custodian charges of 0.1% to 0.3% of the asset value. The depository charges for keeping the stocks vary from 0.1% to 0.15% of the value of the asset kept in it.

If you withdraw the investment or a part of it before twelve months, then you have to pay 1 to 1.5% as the exit load and it will be charged on the amount you withdraw from the fund.

If you withdraw after 12 months, then it can be free, there is no exit load charged by this firm after 12 months.


Enam Asset Management PMS Benefits

Find the details about Enam Asset Management PMS advantages in the table given below-

Benefits / Advantages
Top-up FacilityYes
Back office ReportsYes
Email UpdateYes
SMS UpdateYes
Watsapp UpdateNo
Portfolio ViewYes
Detailed ViewYes
Flexible Commission ModelYes
Flexible Investment PlansYes
Massive ExperienceYes

There are various benefits of investing with Enam Asset Management PMS and the Enam Asset Management PMS Benefits are –

  • Huge experience of the fund manager
  • Commission models are very flexible
  • Variety of investment plans
  • Portfolio view – detailed view
  • You get an update on your mobile via SMS and also you get Email updates about your portfolio
  • There is a top-up facility for your portfolio
  • You get back-office reports from time to time.

Enam Asset Management PMS Customer Care

The table given below is showing a detailed view of Enam Asset Management PMS Customer Care.

Customer Care
Call SupportYes
Email SupportYes
Chat SupportNo
Watsapp SupportYes
Relationship Manager SupportYes
Call to Fund ManagerYes – 10 Times a month
Issue Resolving TAT21 working days

If you face any problem regarding your portfolio or you have any query before investing with this firm, you can contact Enam Asset Management PMS Customer Care via email and call.

They do not have any chat support yet but they do have a WhatsApp support. You can also hire a relationship manager for your investment.

You can call the fund manager ten times in a month and not more than that. The Turnaround time of this firm for resolving any issue is around 21 working days which is higher than other firms.


Enam Asset Management PMS Conclusion

In the Enam Asset Management PMS Conclusion, we can say that this firm charges less than other firms whether it is commission or other charges.

The fund manager is well experienced which makes him consistent with his investment and this helps the investors to grow their funds.


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