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

Girik Wealth PMS is a private company established in Mumbai, Maharashtra. They represent a new era of PMS. They’re full of innovative views and unconventional approaches.

And, they do everything at their disposal to satisfy their clients. In this article, we’ll cover all about Girik Wealth Portfolio Management Services. We’ll draft a detailed review of them.

And, the review will have the following: –

• Fragments of the story behind their establishment. This part will cover the place and year of their inception. This’ll even tell you about their founders.
• This article will tell you about the types of PMS they offer.
• This’ll introduce you to their fund managers. This part will include the details about their experience. This will even describe the net worth of the assets they manage.
• This article will describe the strategies Girik uses. We’ll describe all that’s done to generate profits for clients.
• The article will contain a brief for the expected returns. This part will include a detailed chart. And, it’ll even specify the different returns as per investment terms.
• This article will briefly about their investment plans. This will enclose the details of the varying returns. And, it’ll even introduce you to the responsible factors.
• We’ll let you in on their commission plans. This part will describe all the varying plans.
• It’ll disclose their prepaid commission plan.
• It’ll disclose their volume% commission plan.
• And more

Girik Wealth PMS – Ratings & Review by Top10StockBroker

Overview of Girik Wealth Portfolio Management Services

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

Girik Wealth PMS was set up in Mumbai in the year 2008. Mohinder Pal Bansal and Charandeep Singh are their founders. The company has spread across the nation since their establishment.

And the credit goes to their undying will for customer satisfaction. At present they are associated with many reputed exchanges.

And, we’re referring to the ones like NSE and BSE. Furthermore, their PMS and advisory have helped numerous clients to make huge profits.

Now, we will discuss the Girik Wealth portfolio management service company review, its PMS returns, PMS charges and more.

Types of Girik Wealth PMS

Girik Wealth PMS has no limitation of services in terms of PMS. They provide both kinds of PMS. We’re referring to Discretionary and Non-Discretionary PMS.

Discretionary PMS puts the control of fund management in their hands. Their fund manager takes all decisions related to it.

Non-Discretionary PMS is different, however. It requires them to seek the permission of clients before acting. This makes the clients in charge of the funds. The clients do receive a proper advisory from time to time.

Girik Wealth PMS Fund Managers Details

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

Charandeep Singh (Co-Founder & Fund Manager)

This notable personality is the Co-Founder of the asset management company Girik and is the lead for the investment decision-making process. Striking out the experience criteria, he holds an experience of over two decades in capital markets, and 11 years of experience pointing out specifically towards Indian Equities.

He served the educational purpose via a Diploma in Accounting and Finance from the London School of Economics and Political Science (1999) and an MSc in Finance from the London Business School (2002).

Varun Daga (Co Founder & Fund Manager)

Mr Varun Daga, yet another intellectual closely acquainted with Girik is the Co-Founder of this AMC. He is responsible for investment-making decisions alongside his colleague. He is a truly self-taught investor, who is successful in his endeavours and acquired a decade worth of experience in the capital market.

Also, he is known to have developed proprietary systems and screeners, which play the prime role of picking up stocks of leading companies in advance. He is as well known to have identified Girik’s investment framework, which is inspired by the Canslim style of money management.

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Girik Wealth PMS Strategies

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

Girik Wealth PMS has a great fund manager backing them up. And, they do their math before investing. So, their investments do not limit to any particular capital segment.

Multicap Growth Equity Strategy – MULTI CAP

This strategy fulfils the objective set by the company to provide discretionary asset management services. Running around Indian Listed equities, the strategy has its prime focus on the same. The investor groups that this AMC company caters for are Corporates, institutions, family offices, and individuals from all across the globe.

With 20 years of experience in investment management, this company has the best services to offer to its clients. This ensures easy and steady returns for all investors group alike.

Multicap Growth Equity Fund – CAT – III

The company defines the philosophy of this strategy clearly and concisely. It is to take concentrated bets based on long-term horizons. The chosen stocks are from the domain of high-quality publicly listed Indian companies at reasonable valuations.

The motive of this strategy is best defined as – generating significant outperformance concerning a benchmark.

Girik Wealth PMS Returns / Performance

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

The chart above explains the CAGR for the company. And, it’s easy to understand by giving in a few seconds. And, by CAGR we mean, compound annual growth rate.

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Girik Wealth PMS Investment Plans

The given table is providing details about the Girik Wealth portfolio management service investment plans.

Girik Wealth PMS knows the market they compete in. And, it ensures that they never go out or trend. And, that’s why they provide four distinct investment plans.

They offer their PMS at the Bronze Plan. And, it encloses investments from 25L-50L. Next in line is the Silver Plan. It encloses investments worth 50L-1Cr.

The third plan in a row is the Gold Plan. It covers investments within 1Cr.-5Cr. And, the last one is the Platinum Plan. It covers investments above 5Cr.

Each plan has a different set of benefits attached to it. And, each plan grants different returns.

Girik Wealth PMS Fee Structure or Commission Slabs

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

As mentioned above, Girik Wealth PMS doesn’t like getting out of trend. And, that even makes them grant three commission models. Yes! You’ve guessed it right.

They offer prepaid, volume% and profit-sharing commission plans. Each comes with different payouts. And, each event has different benefits.

Girik Wealth PMS Prepaid Commission

You must be able to guess its purpose by the name. It requires payment of commission in advance. The payouts are a lot less, since, the payment mode is advanced.

It is categorized as per the investment terms. You may even say that it’s categorized as per investment plans. Therefore, the different commission is sought from different plan holders.

The Bronze plan holders must pay a 1.40% commission. The Silver plan holders must pay a 1.15% commission. The Silver plan holders must pay a 1.00% commission.

And, the Platinum Plan holders must pay 0.85% commission. The commission is charged on the investment value.

Girik Wealth PMS Volume% Commission

This requires the clients to pay off commissions on a transaction basis. And, we’re referring to the ones made by the fund manager. Therefore, the commission is based on the overall transaction value.

Even this model has four distinctions. These distinctions are made as per investment plans. The Bronze Plan holders must pay a 0.120% commission.

Silver Plan holders must pay 0.112% commission. Gold plan holders must pay 0.100% commission. Platinum plan holders must pay 0.085% commission.

Girik Wealth PMS Profit Sharing% Commission

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

This is the third form of the commission acquisition plan. It requires the clients to pay after profit realization. Simply put, one only plays after earning the profits.

Like the other two plans, even this has four distinctions. The first is Bronze Plan. Bronze plan holders must pay 21.8% of the commission. Silver plan holders must pay 20.8% of the commission.

Gold plan holders must pay a 19.8% commission. And, the Platinum plan holders must pay a 17.8% commission. The commission is charged annually. However, the client pays only after realizing the profits.

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Girik Wealth PMS Charges

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

Girik Wealth PMS charges their clients as per the services. And, these charges are levied besides the usual commission rates. Here’s the complete list of these charges: –

• The clients are charged a management fee. This depends on the commission model selected.
• The clients are charged an up-front fee as per asset value. The charges vary from 0.53%-0.77%.
• The clients are charged with depository charges. This varies from 0.15%-0.30% of asset value.
• The clients are charged with custodian charges. These vary from 0.17%-0.29% of asset value.
• The clients must even pay off an exit load charge. This varies from 0.95%-1.35%. And, it’s applicable on withdrawal within 12 months of investing.
• No charges are to be paid for existing load post 12 months.

Girik Wealth PMS Benefits

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

Giriak Wealth PMS grants multiple benefits to their clients. Some of them are listed below: –

• They have an expertise of a decade. They’ve been catering to diversified clients. And, that’s what makes them special.
• They offer flexible commission and investments model. This enables the clients to invest at per convenience.
• They grant extra top-up facilities to clients. This allows the clients to increase their investment value on will.
• They provide accurate advisory and reporting. This includes the Back-Office report, Detailed view and portfolio view.
• They grant apt and on-time updates. These updates are related to the investment changes. And, they include SMS, Email and WhatsApp as platforms.

Girik Wealth PMS Customer Care

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

Girik Wealth PMS has good customer care support established. They understand their client’s needs and act accordingly.

Here’s the complete list of the support they provide: –

• They grant support over multiple media. This includes calls and emails.
• They grant a dedicated relationship manager to the clients. This enables the clients to stay updated about their investments. The managers even help them understand the investment approach.
• They grant calls to the fund manager 5 – 7 times a month. This builds trust in their clients.
• They promise to resolve any issue within 21 working days.

Girik Wealth PMS Conclusion

As per our experience, Girik Wealth PMS is one of the best out there. They know their job well. And, they have sufficient experience to serve well. They even have some new ideas, that often come in handy. What more can you possibly expect?

GIRIK WEALTH PMS FAQs

Ques – Who is the current Fund Manager of Girik Wealth PMS?

Answer – Girik Wealth is a private company type, located in Mumbai, Maharashtra under the leadership of Mr Mohinder Pal Bansal and Mr Charandeep Singh. The responsibilities of making crucial investment-making strategies lie on the shoulders of Mr Varun Daga who is also the co-founder and the fund manager at Girik Wealth with Charandeep Singh.

Ques – What is the investment strategy of Girik Wealth PMS?

Answer – Company believes in Multi Cap investment and inclines more towards investing in high-growth businesses which are owned by leaders or emerging leaders to obtain long-term capital. Girik Wealth brings forward its Multicap Growth Equity Strategy to interest investors in getting better and long-term returns.

Ques – What are the benefits of investing with Girik Wealth PMS?

Answer – The benefits of investing with Girik Wealth lie in their investing plans. The company has an eye for profitable business and investing in them which in return obtains long-term capital for their clients.

• Revenue collection from the Girik Wealth – Multi Cap Growth Equity has been as much as 30.44% in just the first six months of investing. However, the company promises better returns when seen for a longer duration of time.

Ques – Is it worth investing in Girik Wealth PMS?

Answer – Girik Wealth has been in the spotlight since the year 2008, the company not only provides expertise in the field of investment with their in-house fund managers but as well opens a gateway of investment opportunities for clients to have better revenue generation. Girik Wealth has been serving 400-plus clients all over the globe in addition to winning their trust with promising capital generation.

Ques – What is the fee structure of Girik Wealth PMS?

Answer – Clients have been widely appreciating the fee structure with which Girik Wealth operates. The AMC for the fixed fee segment of the fee structure is zero while the AMC for the variable fee is 1.00% with a 15% share of profits.

Ques – Where can I check the return or performance of Girik Wealth PMS?

Answer – Readers can refer to various websites which deal with the finance niche to gather overall information about the company. However, to bring every set of information together the same, we have curated this article to best meet the expectations of the readers and as well provide valuable information.

Ques – How to call or reach Girik Wealth PMS customer care?

Answer – Girik Wealth is open for all customer queries 24X7, their clients can reach out to them through the given customer care structure that the company follows, i.e. either through call, or email or can as well reach out to the fund manager when necessary.

Ques – Where to find complete details about Girik Wealth PMS?

Answer – We take pride in being the one-stop solution for all the queries our readers bring in. This article has been specially formulated to keep every set of information intact and help readers start their way with the investment industry.

Ques – How can I invest with Girik Wealth PMS?

Answer – The company nurtures their clients in whatever way possible to get the desirable returns. However, Girik Wealth is very welcoming to individuals wishing to start their way with investment; the individuals can reach out to the company by filling out the customer service form that is available on this page.

Ques – What is the approx AUM of Girik Wealth PMS?

Answer – Girik Wealth believes in providing service up to the benchmark, thus client loyalty to the company has been very vast in the past years. The company have around over 400 clients with Rs 400 crore Capital under management.

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