Renaissance Investment PMS – Review, Strategies, Returns, Charges & more
Last Updated Date: Dec 02, 2022When it comes to one of the best PMS services, Renaissance Investment PMS is one of them.
Therefore, in this article, let’s have a look at the comprehensive overview of Renaissance Investment Portfolio Management Services and its commission models, return, strategies, and lots more.
Renaissance Investment PMS – Ratings & Review by Top10StockBroker
Find Client ratings of Renaissance Investment Portfolio Management Services –
| Ratings | |
| Returns Performance | 3.6 / 5 |
| Services | 3.7 / 5 |
| Charges | 3.3 / 5 |
| Experience | 3.6 / 5 |
| Strategies | 3.5 / 5 |
| Client Support | 3.4 / 5 |
| Overall Ratings | 3.5 / 5 |
| Star Ratings | ★★★★★ |
Overview of Renaissance Investment Portfolio Management Services
Find a detailed overview of the Renaissance Investment portfolio management service in the table given below-
| Overview | |
| Company Type | Private |
| Registered Location | Mumbai, Maharashtra |
| Leadership | Pankaj Murarka |
| Yr. of Establishment | 2017 |
Renaissance Investment is one of the biggest full-service brokerage companies in India. This company was established by Pankaj Murarka in the year 2017.
The headquarters of this brokerage firm is in Mumbai, Maharashtra. This is one of the very few stock brokerage companies which has been included in the list of stock market.
The portfolio management services of Renaissance Investment are one of the best and most renowned business models going around at the moment.
They are among the giants of portfolio management services providers and have produced a tremendous performance in this sector. They have numerous fund managers who take care of the PMS business with prowess.
In this article, we will have a detailed discussion of the Renaissance Investment PMS and the charges, returns, reviews and much more.
Now, we will discuss Renaissance Investment portfolio management service company review, its PMS returns, PMS charges and more.
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Types of Renaissance Investment PMS
There are 2 types of Renaissance Investment Portfolio Management Services –
| Types of PMS | |
| Discretionary | Yes |
| Non-Discretionary | Yes |
The stockbroking house of Renaissance Investment provides Discretionary and Non-Discretionary portfolio management services.
Most of the clients of Renaissance Investment use the Discretionary mode of portfolio management in which the PMS account of the client gets managed by the fund managers of Renaissance Investment whereas some of their clients go for the Non-Discretionary mode in which they take consultancy and make the final decision all by themselves.
Renaissance Investment PMS Fund Managers Details
The table given below is providing the entire details about the fund manager of Renaissance Investment PMS company.
| Fund Manager’s Details | |
| Name | Pankaj Mararka (Founder & Fund Manager) |
| Experience | 22 Yrs. |
| Highest Qualification | C.A. |
| AUM (in Cr.) | 46 Cr. |
| Number of Clients | 97 |
| Investment Tenure | 3-4 yrs |
The team of fund managers of Renaissance Investment PMS is filled with prolific and competent individuals who are providing top-notch PMS services to the clients of Renaissance Investment.
Pankaj Mararka (Founder & Fund Manager)
Renaissance Investment was founded by Mr. Pankaj Maraka in the year 2016. Before laying down the foundation stones for this alternative investment manager, he was associated with Axis Mutual Funds, where he served as the CIO.
His achievements include the Best fund manager Runner Award for Axis Midcap Fund by Outlook Money in 2014. He managed to achieve consistent performance for 6 years, for which he was recognized by Outlook Money as a Leading Fund Manager, in the year 2015.
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Renaissance Investment PMS Strategies
The below table is providing details about the Renaissance Investment portfolio management service strategies-
| Strategies | |
| Renaissance – Alpha Portfolio | MULTI CAP |
| Renaissance – India’s next Portfolio | THEMATIC |
| Renaissance – Midcap Portfolio | MIDCAP |
| Renaissance – Opportunities Portfolio | LARGE-CAP |
Renaissance – Alpha Portfolio
This is a Growth biased portfolio strategy aimed at investing in quality businesses that will offer sustainable high growth over the medium to long term period.
The strategy emphasizes sustainability, quality, and growth. The stocks are hand-picked to suit the objects of the overall portfolio. They offer a concentrated portfolio with a blend of value and growth to the entity’s customers.
Renaissance – Indianext Portfolio
This is an extensively diverse portfolio where the businesses included are at different stages of the business life cycle. The investors get high exposure in these portfolios of different industries and segments.
This is a concentrated portfolio containing mid-cap stocks of growing and emerging businesses. The portfolio consists of stocks ranging between 15 to 25, and the investment in this fund shall be made with more than three years of buy & hold.
Midcap portfolio – Multicap Strategy
The approach adopted here is of the focussed portfolio, wherein 20 stocks make up the list. Here, businesses which possess a high growth ability and are in the initial stages are identified and picked for investment. Earnings are attained from the growth of all such companies which make up the portfolio.
Renaissance – Opportunities Portfolio
A large-cap-biased portfolio is curated to enrich the quality of investments and their return over a long-term investment period. The portfolio consists of quality 10-15 stocks with a view to creating a concentrated portfolio, and the benchmark of this portfolio is Nifty200.
The portfolio is formed to deliver a sustainable risk-adjusted return over the medium to long-term period. The portfolio has benefits like high-quality growth, market share gain, and superior earnings growth.
Renaissance Investment PMS Returns / Performance
The below table is giving details about Renaissance Investment PMS returns and performance-
| Strategy | Renaissance – Alpha Portfolio | Renaissance – India’s next Portfolio | Renaissance – Midcap Portfolio | Renaissance – Opportunities Portfolio | |
| Category | MULTI CAP | THEMATIC | MIDCAP | LARGE-CAP | |
| Return (CAGR) | 1M | -1.69% | -1.87% | 2.05% | -1.60% |
| 3M | 13.07% | 14.54% | 22.54% | 13.06% | |
| 6M | 1.40% | 6.38% | 10.70% | 2.34% | |
| 1Y | 5.16% | 16.15% | 18.77% | 9.99% | |
| 2Y | 21.79% | 58.55% | 36.20% | 35.64% | |
| 3Y | NA | 24.36% | 22.21% | 19.70% | |
| 5Y | NA | NA | NA | NA | |
| Since Inception | 19.49% | 12.24% | 10.30% | 10.66% | |
| Inception Year | Jan 2020 | Apr 2018 | Jan 2018 | Jan 2018 | |
Renaissance Investment PMS provides very good returns to investors. For the 5-year investment, the company provides NA% and for a 3 years investment, the company gives NA% returns.
Moreover, for 2 years of investment, the returns will be around 21.79% which is staggering. For 1 year and since the inception of the investment, the returns will be around 5.16% and 19.49%.
These staggering returns make Renaissance Investment PMS one of the biggest PMS houses in India.
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Renaissance Investment PMS Investment Plans
The given table is providing details about the Renaissance Investment 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 table above will give you a good indication of various investment slabs that are available for investors at Renaissance Investment PMS. To avail PMSServicese from any company, one has to invest at least INR 25 Lakhs. Renaissance Investment PMS provides investment plans with many options.
The bronze plan starts with 25 Lakhs to 50 Lakhs. The Silver Plan ranges from 50 Lakhs and 1 Crore rupees, the Gold Plan ranges from 1 Crore rupees to 5 Crores rupees, and the Platinum plan starts from 5 Crores rupees and above.
Because the Renaissance PMS has many types of investment plans and thus, the commission rate and investment rate varys a lot. The higher the investment is the higher the interest will be and the commission will be lower.
Renaissance Investment PMS Fee Structure or Commission Slabs
Find the details about the types of commission models or fees structure offered by Renaissance Investment PMS house as follows-
| Commission / Fees Structure | |
| Prepaid Commission | Yes |
| Volume% Commission | Yes |
| Profit Sharing% Commission | Yes |
There are 3 types of commission slabs available for Renaissance Investment PMS.
Renaissance Investment PMS Prepaid Commission
| Prepaid Commission (Yearly) | |
| Investment – 25L – 50L | 1.5% of Investment |
| Investment – 50L – 1 Cr. | 1.3% of Investment |
| Investment – 1 Cr. – 5 Cr. | 1.2% of Investment |
| Investment – 5 Cr. Plus | 1.0% of Investment |
The prepaid commission is the commission paid before the beginning of the investment tenure. As this commission model is prepaid, the commission charged will be comparatively lower.
The prepaid commission model of Renaissance Investment PMS varies as per the investment amount. With a 25 Lakhs to 50 Lakhs investment amount, the commission will be around 1.5% of the total investment amount.
When the investment amount is around 50 Lakhs to 1 Crore, the commission is 1.3%. For the investment amount of 1 Crore to 5 Crores, the commission rate is around 1.2% and for the investment amount of over 5 Crores, the commission percentage becomes 1%.
Renaissance Investment PMS Volume% Commission
| Volume% Commission (Yearly) | |
| Transaction Volume – 25L – 50L | 0.123% of the Total Transaction Volume |
| Transaction Volume – 50L – 1 Cr. | 0.113% of the Total Transaction Volume |
| Transaction Volume – 1 Cr. – 5 Cr. | 0.100% of the Total Transaction Volume |
| Transaction Volume – 5 Cr. Plus | 0.085% of the Total Transaction Volume |
The volume commission depends on the situation of the market and the loyalty of the fund manager. If the transaction is around 25 Lakhs to 50 Lakhs then the commission will be around 0.123% of the entire transaction volume.
Moreover, with a transaction volume of 50 Lakhs to 1 Crore, the commission will be around 0.113% of the transaction volume.
For a transaction volume of around 1 Crore to 5 Crores, the commission will be around 0.1% and for a transaction volume of over 5 Crores, it will be around 0.085%.
Renaissance Investment 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 | 21.6% of Profit |
| Profit Amount – 5L – 10L | 20.6% of Profit |
| Profit Amount – 10L – 50L | 18.5% of Profit |
| Profit Amount – 50L Plus | 16.2% of Profit |
It is perhaps the most convenient commission model for investors as the fee will only be paid if the profit is gauged. The percentage in this model will only be very high and the risk for the investor will be very low
The reason why this model is the most convenient of all is that in this model, the commission will be depending on the profit and the performance of the portfolio.
Renaissance Investment PMS charges 21.6% of the profit amount between 2.5 Lakhs to 5 Lakhs. 20.6% of the profit amount will be charged if the profit amount is around 5 Lakhs to 10 Lakhs rupees.
Moreover, for the profit amount of 10 Lakhs to 50 Lakhs and above 50 Lakhs respectively, Renaissance Investment PMS charges a commission of around 18.5% and 16.2% of the entire profit amount.
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Renaissance Investment PMS Charges
The below-given table is giving information about Renaissance Investment Portfolio Management Service Charges-
| Charges | |
| Management Fees | As per the commission model |
| Upfront Fees | 0.90% – 1.20% of Asset Value |
| Brokerage Charges | 0.013% – 0.043% of Total Transaction Value |
| Custodian Charges | 0.21% – 0.41% of Asset Value |
| Depository Charges | 0.25% – 0.35% of Asset Value |
| Exit Load – within 12 months | 0.95% – 1.45% of Withdrawal Value |
| Exit Load – post 12 months | Free |
The Renaissance Investment PMS house levies charges not only for the commission and management fee but also charge plenty of other charges which can be seen in the below table.
- Management Fees: This charge is mutually agreed upon between the client and the company and it will be as per the commission model.
- Upfront Charges: Renaissance PMS also charges upfront charges which is like the prepaid value. The charge will range from around 0.90% to 1.20% of the entire asset value.
- Brokerage Charges: They charge brokerage fees which are around 0.013% to 0.0.43% of the entire transaction value.
- Custodian Charges Theycharges custodian charges which are around 0.21% to 0.41% of the asset value.
- PMS Depository: The Renaissance PMS levies depository charges of around 0.25% to 0.41% of the total asset value.
- Exit Load Charges: The exit load charge of inside 12 months will be around 0.95% to 1.45% of the total withdrawal amount and the exit load post 12 months will be free of cost.
Renaissance Investment PMS Benefits
Find the details about Renaissance Investment 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 |
- Renaissance Investment PMS provides investors with a top-up facility
- Also, the PMS house provides back office reports as well.
- The PMS house does stop there as they also provide updates, via email, SMS, and WhatsApp.Investors can have a detailed view of their accounts, investments, and portfolios.
- The flexibility of the investment and commission plan is extraordinary.
- Moreover, the PMS house has massive experience as well
Renaissance Investment PMS Customer Care
The table given below is showing a detailed view of Renaissance Investment 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 – 8 to 10 Times a month |
| Issue Resolving TAT | 19 working days |
The Renaissance Investment PMS provides fantastic call support to their clients. Apart from that, they provide email support as well.
They have a relationship with a manager who can help in resolving the issues faced by the client. Moreover, their clients can call the find manager as well, 8 to 10 times a month to resolve any issue they are facing.
The Turnaround Time of TATforf resolving the issues for Renaissance Investment PMS is 19 working days.
Renaissance Investment PMS Conclusion
Renaissance Investment PMS is one of the biggest and largest PMSsolutionsnproviderss in the country. They are myriads of strategies and plans to generate fantastic results for their clients.
Their flexible commission model and investment plans will bring a lot of convenience to the clients. Their support is also very much robust. Therefore, Renaissance Investment PMS can be a good choice to start PMS.
Invest in Renaissance Investment PMS – Fill up the form Now!
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