Geojit Finance PMS – Review, Strategies, Returns, Charges & moreLast Updated Date: Mar 23, 2023
Geojit Finance PMS is a registered portfolio management services providing firm under SEBI. The firm has various types of investment plans and services and the commission models vary according to the plans.
So, in this article below which is going to be a Geojit Finance Portfolio Management Services review, you will find all the details about the company’s commission model, charges, type of services, investment plans and many more details.
Geojit Finance PMS – Ratings & Review by Top10StockBroker
|Returns Performance||4.0 / 5|
|Services||3.7 / 5|
|Charges||3.9 / 5|
|Experience||4.1 / 5|
|Strategies||4.1 / 5|
|Client Support||4.2 / 5|
|Overall Ratings||4.0 / 5|
Overview of Geojit Finance Portfolio Management Services
Find a detailed overview of the Geojit Finance portfolio management service in the table given below-
|Registered Location||Kochi, Kerala|
|Leadership||Mr C. J. George|
|Yr. of Establishment||1987|
The Geojit Finance Portfolio Management Services is based out of Kochi in Kerala and has been founded by Mr C. J. George.
The firm is having more than 30 years of experience in the field of investment and stockbroking while it has an experience 10+ years in the segment of portfolio management.
The firm is a private venture and it is running with the main motto of providing great investment services to clients.
The team behind the investment research and portfolio management of Geojit Finance PMS is enough prudent and headed by Mr Sanjeev Kumar Ranjan whom you will read about in the later section.
The firm has been generating great returns for the investors under its portfolio management segment for the last ten years and more.
Now, we will discuss the Geojit Finance portfolio management service company review, its PMS returns, PMS charges and more.
Types of Geojit Finance PMS
|Types of PMS|
There are two different types of Geojit Finance PMS which are namely discretionary and non-discretionary. As the name suggests, the discretionary service is where the client relies completely on the investment or the fund manager.
Here the fund manager has the sole responsibility of researching, making an analysis of the portfolio and taking a decision regarding which stock to add in how much quantity.
The investor can or cannot discuss the intricate details of the process. However, in the second type of services, that is non-discretionary services, there is the involvement of the investor at every stage and especially when it comes to decision making.
The fund manager can provide the consultancy service to the investor and guide him about the investments but the final decision is made by the investor himself.
The investor can also do his research and analysis and discuss the same with the fund manager and accordingly the fund manager invests the money and also follow up the portfolio.
Geojit Finance PMS Fund Managers Details
The table given below is providing the entire details about the fund manager of Geojit Finance PMS company.
|Fund Manager’s Details|
|Name||Mr. Sanjeev Kumar Rajan|
|AUM (in Cr.)||200 Cr.|
|Number of Clients||664|
|Investment Tenure||4-5 yrs|
The Geojit Finance PMS Fund Manager Mr Sanjeev Kumar Ranjan is a Chartered Accountant by qualification and having an experience of 23 years in the markets.
The asset under his management at present is close to Rs. 200 crores. The number of clients the fund manager handles is 664 and the average investment tenure preferred by him is 4-5 years.
The track record of the fund manager of Geojit Finance PMS is really good and they have been generating great returns for the investors for many years in a row.
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Geojit Finance PMS Strategies
The below table is providing details about the Geojit Finance portfolio management service strategies-
|Geojit – Advantage Portfolio||SMALL & MIDCAP|
|Geojit – Dakshin Portfolio||MULTI CAP|
|Geojit – Ethical Portfolio||SMALL & MIDCAP|
|Geojit – Freedom Portfolio||MULTI CAP|
The Geojit Finance PMS Strategies include three different types of portfolios which have different types of investment vehicles and stocks in them.
Geojit Advantage Portfolio
The first type of portfolio which is the Advantage Portfolio mainly consists of small and medium-scale companies’ equity.
The companies or the stocks are chosen based on a soundtrack record of previous earnings, revenue generation, management decisions and corporate governance, fundamentals of the company and most importantly the company’s prospects.
Geojit Dakshin Portfolio
The Dakshin Portfolio is another strategy used by the fund manager of this firm to make an investment where the investments are made into 25 businesses across all three business scales and the stocks are of only high-quality companies based out of states in south India.
The weight is given equally to all the 25 stocks and the market capitalization of these stocks cannot be more than Rs. 50000 crores.
This is according to the MSCI South Indian Domestic High Quality 25 Index which is a custom-made index made by MSCI itself for the firm.
Geojit – Ethical Portfolio
A multi-cap portfolio introduced by Geojit. The fund has been introduced this year only, i.e., in 2022. It is an open-ended fund aimed to entice growth and build wealth for investors over a period of time.
The benchmark stocks here are the Nifty50Shariah, and the stocks are picked after qualitative and quantitative factors set internally by the entity. These parameters include Growth, Cash Flow Conversion, Low Leverage, Corporate Governance, etc.
Geojit Freedom Portfolio
The second type of strategy or the portfolio type of Geojit Finance is the Freedom Portfolio where the fund manager invests in stocks across all types of business – large, mid and small-cap businesses as per their fundamentals and intrinsic value.
If the business/ stocks are available at a reasonable discount and the company has a strong fundament, then the fund manager invests in such companies.
Geojit Finance PMS Returns / Performance
The below table is giving details about Geojit Finance PMS returns and performance-
|Strategy||Geojit – Advantage Portfolio||Geojit – Dakshin Portfolio||Geojit – Ethical Portfolio||Geojit – Freedom Portfolio|
|Category||SMALL & MIDCAP||MULTI CAP||SMALL & MIDCAP||MULTI CAP|
|Inception Year||Jun 2003||Mar 2019||Jan 2022||Nov 2011|
Over the past ten years, Geojit Finance PMS Returns have been outstanding and as you can see in the table above, the return in the last 5 years has been 12.63% which is at par with the market average as well for the 5 years return for many other firms.
The returns across all the segments have been great and especially when it comes to the last three to five years’ returns. The eleven years returns are also more than the normal return you see in this segment.
So, this is a firm that will provide you with great returns and most of the time more than the market average as well.
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Geojit Finance PMS Investment Plans
The given table is providing details about the Geojit Finance 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 plans are available according to the amount of investment the investors make. As you can see in the above table there are four different types of plans according to the amount of investment.
The minimum amount you can invest is Rs. 2500000 while the maximum can be anything. The investment brackets are also important for the commission which will be discussed in a later section.
Geojit Finance PMS Fee Structure or Commission Slabs
Find the details about the types of commission models or fees structure offered by Geojit Finance PMS house as follows-
|Commission / Fees Structure|
|Profit Sharing% Commission||Yes|
If you are looking for the Geojit Finance Portfolio Management Services Fee Structure, then as you can see in the table above, there are three elements in the commission or three different types of commission charged by Geojit Finance.
The prepaid commission is as per the amount of investment, while the volume% commission is on the transaction volume and finally, there is profit sharing% commission which is obviously for the profit generated by the firm for the investor.
Geojit Finance PMS Prepaid Commission
|Prepaid Commission (Yearly)|
|Investment – 25L – 50L||1.15% of Investment|
|Investment – 50L – 1 Cr.||1.10% of Investment|
|Investment – 1 Cr. – 5 Cr.||1.0% of Investment|
|Investment – 5 Cr. Plus||0.9% of Investment|
As you can make out from the table above for Geojit Finance PMS Prepaid Commission, the comm
the mission goes up as the investment amount decreases. This is why the maximum commission is charged for the investment bracket of Rs. 25 lakhs to Rs. 50 lakhs while the minimum is charged for investments over and above Rs. 5 crores.
This commission as charged by Geojit is more or less at par with the market and to see minutely, the commission is on the lower side of the scale if you compare the other portfolio management service companies in the industry.
Geojit Finance PMS Volume% Commission
|Volume% Commission (Yearly)|
|Transaction Volume – 25L – 50L||0.111% of the Total Transaction Volume|
|Transaction Volume – 50L – 1 Cr.||0.101% of the Total Transaction Volume|
|Transaction Volume – 1 Cr. – 5 Cr.||0.091% of the Total Transaction Volume|
|Transaction Volume – 5 Cr. Plus||0.081% of the Total Transaction Volume|
The Geojit Finance PMS Volume% Commission as mentioned is for the transaction volume and it also rises as the transaction volume goes down.
The maximum commission under this segment is charged for a transaction volume of Rs. 25L to Rs. 50L as you can see in the table and it goes down as you increase the investment.
The volume% commission is also lower than many firms in the market providing the same services.
Geojit Finance 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||21.7% 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|
The Geojit Finance PMS Profit Sharing Commission is lower than the average commission charged in the market by most of the other firms which is a great benefit for the investors.
The commission goes up as the profit goes down or for a lower profit, you have to pay more commission as you can see in the table above.
The commission in all these four sectors is lower than most of the companies and their profit sharing% commission.
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Geojit Finance PMS Charges
The below-given table is giving information about Geojit Finance Portfolio Management Service Charges-
|Management Fees||As per the commission model|
|Upfront Fees||0.55% – 0.75% of Asset Value|
|Brokerage Charges||0.007% – 0.017% of Total Transaction Value|
|Custodian Charges||0.15% – 0.25% of Asset Value|
|Depository Charges||0.15% – 0.25% of Asset Value|
|Exit Load – within 12 months||0.85% – 1.15% of Withdrawal Value|
|Exit Load – post 12 months||Free|
There are different Geojit Finance PMS Charges apart from the commission they charge for rendering their services. The other charges include brokerage charges, upfront fees, exit load, custodian charges, and depository charges.
As you can see in the table above, the charges in the upfront fee category if compared with the peers in the markets are lower than many however the exit load for withdrawal before twelve months is more than the peers in the market.
The custodian charges are pretty close to the average charged in the market so are the depository charges. The brokerage is at par with the market average charges as well.
Geojit Finance PMS Benefits
Find the details about Geojit Finance PMS advantages in the table given below-
|Benefits / Advantages|
|Back office Reports||Yes|
|Flexible Commission Model||Yes|
|Flexible Investment Plans||Yes|
The Geojit Finance PMS Benefits are –
- The firm provides back-office reports to the investors so that they can be updated with the market changes and the changes in their portfolio
- The investors receive updates via email and SMS both
- The commission model is quite simple and flexible
- There is scope for different investors with little to the huge investment budget
- The firm provides top-up facilities
- The team working behind the portfolio management services is highly experienced and understands the market well
Geojit Finance PMS Customer Care
The table given below is showing a detailed view of Geojit Finance PMS Customer Care.
|Relationship Manager Support||Yes|
|Call to Fund Manager||Yes – 8 to 10 Times a month|
|Issue Resolving TAT||19 working days|
The Geojit Finance PMS Customer Care is available via call and Email. You can shoot them an email if you have some queries or complaints regarding the services.
They also allow a relationship manager in case you need the service, you can hire the same. The customer care executives are also active on WhatsApp and you can get in touch with them on this application as well.
The usual time required by the firm to solve the issues of the investors is within 19 working days. The investors can call the fund manager around eight to ten times a month which is quite feasible and this is the maximum time allowed by other firms as well.
Geojit Finance PMS Conclusion
The Geojit Finance PMS conclusion can be drawn on the lines that the firm provides great returns and charges lower commissions and charges about other fees.
The investment management team is well experienced and the firm is well recognized in the market as well.
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