Quest Investment Advisors PMS – Review, Strategies, Returns, Charges & more
Last Updated Date: Dec 02, 2022Quest Investment Advisors PMS is a thirty years old Portfolio Management company with loads of accolades under its sleeves.
The firm has more than seven hundred clients across various backgrounds and the number is growing every day.
The article below is a complete review of the Quest Investment Advisors Portfolio Management Services.
In this article, you will find all the details of the services provided by the firm, their charges, investment strategy, commission models, returns of the previous years they earned for the clients and a lot more.
Quest Investment Advisors PMS – Ratings & Review by Top10StockBroker
| Ratings | |
| Returns Performance | 4.2 / 5 |
| Services | 3.7 / 5 |
| Charges | 3.4 / 5 |
| Experience | 4.2 / 5 |
| Strategies | 4.2 / 5 |
| Client Support | 4.1 / 5 |
| Overall Ratings | 4.0 / 5 |
| Star Ratings | ★★★★★ |
Overview of Quest Investment Advisors Portfolio Management Services
Find a detailed overview of the Quest Investment Advisors portfolio management service in the table given below-
| Overview | |
| Company Type | Private |
| Registered Location | Mumbai, Maharashtra |
| Leadership | Mr Ajay Sheth & Mrs. Bina Sheth |
| Yr. of Establishment | 1992 |
Quest Investment Advisors Portfolio Management Services has been running its business since the 1980’s end which is about three decades now.
The firm was founded by Mr. Ajay Sheth and its main focus was to provide investment research services to SMEs and MSMEs at the beginning.
Later Quest Investment Advisors PMS started serving every interested investor and now their clientele is 700+ investors including corporates, NRIs investors, HNIs and family offices as well. In the year 2007. The firm registered under SEBI (Portfolio Managers) Regulations 1993.
Now, we will discuss Quest Investment Advisors’ portfolio management service company review, its PMS returns, PMS charges and more.
Types of Quest Investment Advisors PMS
| Types of PMS | |
| Discretionary | Yes |
| Non-Discretionary | Yes |
Quest Investment Advisors PMS provides both types of Portfolio management services that are – Discretionary and Non- Discretionary.
While the investors who are not that aware of the market scenario or may have limited time to invest in the investment research choose the first kind of service, the other investors prefer to have a later type of service where they just take the advice and then decide by themselves.
Quest Investment Advisors PMS Fund Managers Details
The table given below is providing the entire details about the fund manager of Quest Investment Advisors PMS company.
| Fund Manager’s Details | |
| Name | Aniruddha Sarkar (Fund Manager) |
| Experience | 14 years |
| Highest Qualification | MBA |
| AUM (in Cr.) | Approx 1300 Cr. |
| Number of Clients | 700+ |
| Investment Tenure | 4 yrs |
Aniruddha Sarkar (Fund Manager)
Experience Mr. Aniruddha Sarkar gained is accounted for up to 14 years in capital markets. He is accredited with successful management of best-performing strategies in the Indian Market over the last 5 years.
His previous work commitments were with IIFL Multicap PMF for 6 years. Presently he holds the position of Senior Portfolio Manager and Co-Head of equities working with Quest. Here, he is responsible for designing strategies for equity schemes.
Speaking of his educational records, he holds a bachelor’s degree in Commerce from St. Xaviers College, Kolkata and an MBA in Finance from IMI, New Delhi.
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Quest Investment Advisors PMS Strategies
The below table is providing details about the Quest Investment Advisors portfolio management service strategies-
| Strategies | |
| Quest – Flagship PMS | MULTI CAP |
| Quest – Multi PMS | MULTI CAP |
Flagship
Precisely mentioning the objective of this structure, is to generate significant alpha and outperformance to benchmark. Investing approach taken into consideration is a diversified sector-agnostic multi-cap portfolio of 20-25 listed companies in India.
For this strategy, the company aims to be concentrated in a few sectors at any given time, while ensuring the adoption of the sector rotation strategy. Also, themes which are weakly structured are avoided here.
Managers ensure to keep up with the cash levels of the portfolio while ensuring to meet the profits criteria from time to time.
Multi
This particular strategy aims to generate significant alpha and outperformance to benchmark. Here, the portfolio created is of diversified sector agnostic multi-cap, consisting of 25-30 companies. Investments are specifically oriented towards, mid-caps and small-caps.
The bottom-up approach is put to use here, and companies which meet a set of terms are shortlisted for investment.
The terms are 40-50% allocation into stable earnings growth companies, 20-30% into companies that are set for significant P/E expansion and the remaining 20-20% into companies which are deep value but presently are weighed down coz of a negative space internally or externally.
Quest Investment Advisors PMS Returns / Performance
The below table is giving details about Quest Investment Advisors PMS returns and performance-
| Strategy | Quest – Flagship PMS | Quest – Multi PMS | |
| Category | MULTI CAP | MULTI CAP | |
| Return (CAGR) | 1M | -3.18% | -1.53% |
| 3M | 12.27% | 13.23% | |
| 6M | -2.78% | -1.32% | |
| 1Y | -7.28% | -4.55% | |
| 2Y | 23.30% | 25.67% | |
| 3Y | 16.99% | 20.49% | |
| 5Y | 8.81% | 10.23% | |
| Since Inception | 16.22% | 14.78% | |
| Inception Year | Oct 2007 | Aug 2014 | |
The Quest Investment Advisors PMS Returns for the last 5 years are given in the above table as you can see.
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Quest Investment Advisors PMS Investment Plans
The given table is providing details about Quest Investment Advisors’ 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 |
There are four Quest Investment Advisors PMS Plans out of which you can opt for anyone. The Bronze Plan of this firm is for investors who want to invest within the bracket of Rs. 25 to Rs. 50 lakhs.
For investors with Rs.50 – Rs.1 crore of investment, the silver plan is there. The Gold plan is for investors with an investment amount of Rs. 1 crore to Rs. 5 crore and above Rs. 5 crores of investment will be under the Platinum plan.
As you can see there are different brackets of investments and you can choose your plan accordingly to the amount of investment you want to make.
Quest Investment Advisors PMS Fee Structure or Commission Slabs
Find the details about the types of commission models or fees structure offered by Quest Investment Advisors PMS house as follows-
| Commission / Fees Structure | |
| Prepaid Commission | Yes |
| Volume% Commission | Yes |
| Profit Sharing% Commission | Yes |
The Quest Investment Advisors Portfolio Management Services Fee Structure includes prepaid commission, profit sharing as well as volume commission.
The Quest Investment Advisors PMS Commission depends on the amount of investment as well as the profit made for the investors by the fund manager apart from the prepaid commission on the amount of investment.
Quest Investment Advisors PMS Prepaid Commission
| Prepaid Commission (Yearly) | |
| Investment – 25L – 50L | 1.50% of Investment |
| Investment – 50L – 1 Cr. | 1.42% of Investment |
| Investment – 1 Cr. – 5 Cr. | 1.21% of Investment |
| Investment – 5 Cr. Plus | 1.03% of Investment |
The Quest Investment Advisors Portfolio Management Services Prepaid Commission starts from 1.50% of the investment made by the client when the investment is with the first bracket which is from Rs. 25 lakhs to Rs. 50 lakhs.
The prepaid commission goes down to 1.42% for the second investment bracket of Rs. 50 lakhs to Rs. 1 crore and further to 1.21% for the third bracket for Rs. 1 crore to Rs. 5 crore.
The final investment bracket is for the platinum plan, the prepaid commission is 1.03% only.
Quest Investment Advisors PMS Volume% Commission
| Volume% Commission (Yearly) | |
| Transaction Volume – 25L – 50L | 0.16% of the Total Transaction Volume |
| Transaction Volume – 50L – 1 Cr. | 0.145% of the Total Transaction Volume |
| Transaction Volume – 1 Cr. – 5 Cr. | 0.13% of the Total Transaction Volume |
| Transaction Volume – 5 Cr. Plus | 0.102% of the Total Transaction Volume |
The Quest Investment Advisors Portfolio Management Services Volume% Commission varies according to the investment bracket only.
So for the first bracket, it is 0.16% which is the highest and then it goes down to 0.145% for the silver plan investment bracket and then to 0.13% and then 0.102% for the final two investment brackets and the plans that are gold and platinum plans.
Quest Investment Advisors 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 | 23% of the Profit |
| Profit Amount – 5L – 10L | 22% of the Profit |
| Profit Amount – 10L – 50L | 21% of the Profit |
| Profit Amount – 50L Plus | 20% of the Profit |
The Quest Investment Advisors PMS Profit Sharing Commission is highest for the bronze plan clients which is 23% of the profit made by the fund manager.
For the silver plan, the profit-sharing commission is 22% and 21% for the gold plan. For the platinum plan for which the investment bracket is Rs 5 crore and above, the percentage of profit you need to share with the fund manager is 20%.
Know Charges models of other Portfolio Management Service Providers
Quest Investment Advisors PMS Charges
The below-given table is giving information about Quest Investment Advisor’s Portfolio Management Service Charges-
| Charges | |
| Management Fees | As per the commission model |
| Upfront Fees | 1.0% – 1.4% of Asset Value |
| Brokerage Charges | 0.008% – 0.017% of Total Transaction Value |
| Custodian Charges | 0.21% – 0.31% of Asset Value |
| Depository Charges | 0.11% – 0.14% of Asset Value |
| Exit Load – within 12 months | 0.93% – 1.55% of Withdrawal Value |
| Exit Load – post 12 months | Free or 0.35% of Withdrawal Value |
The Quest Investment Advisors PMS Charges include the management fees which you read above. Along with that, there are a few other charges like upfront fees which ranges between 1% and 1.4% of the value of the asset (investment).
The brokerage charges for the investment range from 0.008% to 0.017% and this is calculated on the total value of the transaction.
The custodian charges are from 0.21% to 0.31% of the asset value and 0.11% to 0.14% of the asset value are the charges for the depository.
The Quest Investment Advisors Portfolio Management Services Charges also include exit load which is within 0.93% to 1.55% of the amount withdrawn if it is done within 12 months from the date of investment.
If a withdrawal is made after 12 months, then the exit load is up to 0.35% while it can be free as well.
Quest Investment Advisors PMS Benefits
Find the details about Quest Investment Advisor’s PMS advantages in the table given below-
| Benefits / Advantages | |
| Top-up Facility | Yes |
| Back office Reports | Yes |
| Email Update | Yes |
| SMS Update | Yes |
| Watsapp Update | No |
| Portfolio View | Yes |
| Detailed View | Yes |
| Flexible Commission Model | Yes |
| Flexible Investment Plans | Yes |
| Massive Experience | Yes |
There are various Quest Investment Advisors PMS Benefits
- Different plans for different investors and investment budgets.
- There are top-up facilities
- You will receive back-office reports
- The investor is always updated through email and SMS
- You will receive a detailed view of your portfolio
- The commission model is not that rigid
- The firm has extensive years of experience
Quest Investment Advisors PMS Customer Care
The table given below is showing a detailed view of Quest Investment Advisors PMS Customer Care.
| Customer Care | |
| Call Support | Yes |
| Email Support | Yes |
| Chat Support | No |
| Watsapp Support | No |
| Relationship Manager Support | Yes |
| Call to Fund Manager | Yes – 10 Times a month |
| Issue Resolving TAT | 13 working days |
The Quest Investment Advisors Portfolio Management Services Customer Care is available for investors all the time for any assistance regarding investment services.
The customer care executives can be reached via call or Email. There is a dedicated Relationship Manager for the investors, you can avail of their services if you require them.
You can call the fund manager multiple times in a month regarding your investment but not more than ten times in a month.
The turnaround time for resolving any issue with the clients is around 13 working days which is the average time taken by any other firm in the industry.
Quest Investment Advisors PMS Conclusion
The most important factor to include in the Quest Investment Advisors PMS Conclusion would be the number of years of experience it has and that is the main benefit which the investors receive.
In this investment industry, experience is above everything and this firm also charges reasonable commission and has various investment plans for the clients.
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