SBI Funds PMS – Review, Strategies, Returns, Charges & more

SBI Funds PMS is one of the largest players in India that brings experience in wealth management to offer exquisite retail services to High Net-worth Investors.

They have designed their PMS products by understanding the investor’s requirements and terms of risk / return expectations. They are a Joint Venture between SBI and AMUNDI (France), one of the world’s leading fund management companies.

Let us take a look on what are the Ratings, Review, Strategies, Commission Models, Yearly Returns & much more about SBI Funds Portfolio Management Service.

PMS Offer


SBI Funds PMS – Customer Ratings & Review

Find Client ratings of SBI Funds Portfolio Management Services –

SBI Funds PMS Ratings
Returns Performance3.3 / 5
Services3.2 / 5
Charges3.4 / 5
Experience3.3 / 5
Strategies3.2 / 5
Client Support3.0 / 5
Overall Ratings3.3 / 5
Star Ratings★★★★★

The above table gives us a clear picture about the scores achieved by SBI Funds PMS broking house. They have excelled in each and every category.


Overview of SBI Funds Portfolio Management Services

Let us have a glance on the particulars of SBI Funds Portfolio Management Service.

Overview
Company TypePublic
Registered LocationMumbai, Maharashtra
LeadershipAshwani Bhatia
Yr. of Establishment1993

SBI Funds PMS

SBI Funds Portfolio Management Services is associated with the Conglomerate of Indian Banking Sector – State Bank of India.

Being a Part of this gigantic group, the foundation of SBI Funds PMS group which is a private company was laid by Mr. Ashwani Bhatia in the year 1993.

They have their head-quarters in Mumbai, Maharashtra. Today SBI Funds PMS is a known name for distributing investment products and providers of financial services in India.

SBI Funds PMS broking house believes in delivering value and nurture the trust of their vast and varied family of investors. Let’s take deep look at the different types of SBI Funds PMS, their PMS Charges, PMS Returns & more.


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    Types of SBI Funds PMS

    There are 2 types of SBI Funds Portfolio Management Services –

    Types of PMS
    DiscretionaryYes
    Non-DiscretionaryYes

    This PMS house provides both the Discretionary as well as Non-Discretionary PMS to the clients. In Discretionary PMS the fund manager has the sole right to select the stocks and create a portfolio for the client.

    In case of Non-Discretionary PMS, the stocks can be selected by the customer themselves. Mostly clients are in favour of Discretionary Portfolio Management.

    But some clients do go in for Non-Discretionary PMS at the initial stage.


    SBI Funds PMS Fund Managers Details

    The details about the Fund Managers of SBI Funds Portfolio Management Service is given in the table here below.

    Fund Manager’s Details
    NameAparna Shanker (Portfolio Manager)
    Experience15 Years
    Highest QualificationPGDM
    AUM (in Cr.)Approx 12,000 Cr.
    Number of Clients300+
    Investment TenureMinimum 3 yr.

    The Fund Managers of SBI Funds PMS holds approximately Rs. 12,000 cr. as AUM and are in capacity of handling more than 300 + PMS clients. The Clients go for investments in SBI Funds PMS for a minimum period of least 3 years.

    Aparna Shanker (Portfolio Manager)

    Ms. Aparna started working with SBIMF from the year 2007, when she was the research analyst and now serves as the Portfolio Manager. Her previous work commitments included Sahara Asset Management, Birla Global Finance and UTI.

    She holds an experience of collectively 15 years. As far as her educational qualifications are of concern, she is a Science graduate, alongside general law from Mumbai University. Also, she holds Masters in Finance and a post-graduate diploma in Treasury & Forex Management from ICFAI University.


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    SBI Funds PMS Strategies

    This table give you the details about SBI Funds Portfolio Management Services Strategies:

    Strategies
    MULTI CAPGROWTH WITH VALUES

    There are several types of PMS strategies provided by SBI Funds PMS. Mostly all the types of Investment strategies like Large CAP Strategy, Diversified Strategy as well as Small-Midcap Strategy are available with them.

    SBI Growth with values Strategy

    This portfolio managing company, via this strategy, aims to fetch in long term capital growth which is backed by thorough research. Factors which this company aims to focus on are good corporate governance, social responsibility, and businesses which are environment friendly.

    As far as the investments are of concern, companies chosen are in compliance with positive standards of environment. Also, investment is done in companies which are disproportionate high beneficiaries of economic growth.


    SBI Funds PMS Returns / Performance

    This table helps you to check the details about SBI Funds Portfolio Management Service Performance:

    CategoryMULTI CAP
    StrategyGROWTH WITH VALUES
    Return (CAGR)1M7.79%
    3M25.14%
    6M-4.07%
    1Y8.96%
    2Y2.74%
    3Y4.40%
    5YNA
    SI5.80%
    InceptionJul, 2016

    SBI Funds PMS has an extremely good rate of return. The broking house is flourishing and has beaten the record of 10 years Mutual Fund Returns.

    This healthy rate of return is another major reason why investors prefer to avail their services in addition to their association with SBI group.


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    SBI Funds PMS Investment Plans

    This table illustrates the details about SBI Funds Portfolio Management Service investment slabs:

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

    This table gives a clear understanding of different Investment slabs that are offered by SBI Funds PMS to the clients. The minimum investment amount required is Rs.25 Lakh to start with.

    This amount is universal across all Portfolio Management Services houses. SBI Funds PMS broking house has four types of Investment Plans viz: – Bronze, Silver, Gold and Platinum.

    The Bronze plan starts with a range of INR 25 Lakh and goes up to INR 50 Lakh. Silver Plan is in the range of Rs.50 Lakh up to Rs.1 Crore.

    The Gold plan can be locked in by investing in between Rs.1 Crore up to Rs.5 Crore. You can also avail the Platinum plan if you are willing to invest for more than Rs.5 Crore with them.

    The commission range of SBI Funds PMS house is different with each set of plan. Huge investments will end up in paying low commissions.


    SBI Funds PMS Fee Structure or Commission Slabs

    The Fees Structure of SBI Funds Management Services is described here below:

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

    The fees or commission of SBI Funds PMS is classified into 3 types of categories.


    SBI Funds PMS Prepaid Commission

    Here the investor is demanded to make advance payment before commencing the actual tenure. As this is a prepaid model, here a very low commission is charged as compared to other models.

    Prepaid Commission (Yearly)
    Investment – 25L – 50L1.75% of Investment
    Investment  – 50L – 1 Cr.1.55% of Investment
    Investment – 1 Cr. – 5 Cr.1.35% of Investment
    Investment – 5 Cr. Plus1.15% of Investment

    This Prepaid Commission model of SBI Funds PMS depends on the amount of Investment made by the client. If you make investments somewhere in between Rs.25 Lakh upto Rs.50 Lakh then the prepaid commission required to be paid will be 1.75% of the Investment.

    When you invest in between Rs.50 Lakh to Rs.1 Crore, the prepaid commission levied is 1.55% of total investment. For an investment of more than Rs.1 Crore and up to Rs.5 Crore, the prepaid fee paid to them is 1.35% of the total investment.

    When the investment is exceeding a value of Rs.5 Crore, then the management fees would be 1.15% of the amount invested.


    SBI Funds PMS Volume% Commission

    The Fees Structure out here entirely depends on the total number of transactions done by the Fund Manager keeping in mind several other factors like market condition and other aspects of investment.

    The investor is most likely to pay a higher amount of commission in this type of model.

    Volume% Commission (Yearly)
    Transaction Volume – 25L – 50L0.22% of Total Transaction Volume
    Transaction Volume – 50L – 1 Cr.0.20% of Total Transaction Volume
    Transaction Volume – 1 Cr. – 5 Cr.0.18% of Total Transaction Volume
    Transaction Volume – 5 Cr. Plus0.16% of Total Transaction Volume

    Here the commission amount depends on the situation of the market and also on how loyal or faithful is your Fund Manager.

    For a yearly transaction volume in between Rs.25 Lakh to Rs.50 Lakh, you would end up paying the Management fees of around 0.22% of total transaction volume.

    If your transaction value is in between Rs.50 Lakh to Rs.1 Crore, then a fee of 0.20% of total transaction amount needs to be paid.

    There would be a lower commission for a high transaction volume i.e. if the transaction volume is above Rs.1 Crore and up to Rs.5 Crore, the charges are 0.18% of the total volume.

    If the transaction volume exceeds the value over Rs.5 Crore, the Management fees charged by SBI Funds PMS group is 0.16% of total transaction volume.


    SBI Funds PMS Profit Sharing% Commission

    Investors find this model very convenient to them. Here in this type of model the Management fee is paid only after the profit is realized by the investor.

    However, the percentage of the commission charged is very high but at the same time the risk involved is comparatively low over here.

    Profit Sharing% Commission (Yearly)
    Profit Amount – 2.5L – 5L30% of Profit
    Profit Amount – 5L – 10L28% of Profit
    Profit Amount – 10L – 50L25% of Profit
    Profit Amount – 50L Plus22% of Profit

    As mentioned above the clients usually zero down on this model because here the commission totally depends on the performance of the portfolio.

    The profit sharing is 30% for a portfolio that gains profit in a range of Rs.2.5 Lakh up to Rs.5 Lakh. 28% is the Profit volume that needs to be shared for the profit range in between Rs.5 Lakh to Rs.10 Lakh.

    If your profit shoots up somewhere in the between Rs.10 Lakh to Rs.50 Lakh, the profit sharing is 25% and if your profit goes above Rs.50 Lakh, then the sharing of profit is 22% to SBI Funds PMS team.

    This broking house also makes tailor made customized commission models for their investors as required by them.

    Besides the Commission or Management Fees, there are quite a few other charges like Upfront Fees, Brokerage, Depository Charges, Custodian Charges and Exit Load that needs to be paid to the PMS house.


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    SBI Funds PMS Charges

    The fine points of SBI Funds Portfolio Management Service Charges can be seen in this table:

    Charges
    Management FeesAs per commission model
    Upfront Fees1.2% – 1.7% of Asset Value
    Brokerage Charges0.012% – 0.022% of Total Transaction Value
    Custodian Charges0.35% – 0.45% of Asset Value
    Depository Charges0.18% – 0.20% of Asset Value
    Exit Load – within 12 months1.2% – 2.2% of Withdrawal Value
    Exit Load – post 12 monthsFree or 0.55% of Withdrawal Value

    Some additional charges that are required to be paid to SBI Funds PMS are:

    Management Fees – Here the fees structure would be as per the commission model that is mutual consent with both the parties – the client & the PMS team.

    Upfront Fees – 1.2% – 1.7% of the asset Value is the upfront fees charged by SBI Funds PMS team.

    Brokerage Charges – The Brokerage charges are in between 0.012% – 0.022% of total transaction value.

    Custodian Charges – Anywhere in between 0.35% – 0.45% of Asset Value is the custodian change charge that is levied by the PMS house from their clients.

    Depository Charges – The PMS depository charge of this broking house is somewhere in between 0.18% – 0.20% of Asset Value.

    Exit Load Fees – The exit load fees is 1.2% – 2.2% of the withdrawal value for any withdrawal that has been done in within a period of 1 year of portfolio creation.

    However, if the withdrawal takes place after the period of 1 year then the Exit Load fees is free in some cases whereas it would be around 0.55% of withdrawal value which would defer from case to case.


    SBI Funds PMS Benefits

    In this table you can check the benefits of SBI Funds Portfolio Management Service:

    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

    The variety of benefits offered by SBI Funds PMS are as follows:

    There is a Top-up facility given by them to all the investors.

    The client can access to their web services through the online medium which will facilitate the latest reports and portfolio information.

    Timely basis provisions are made for all the transactions that take place in the clients account by way of Email Update and SMS Update.

    Flexible investment plans and flexible commission models are also made available by this group.

    SBI Funds PMS house has a massive experience in Portfolio Management Services for optimum results.


    SBI Funds PMS Customer Care

    Check the details about the Client Support of SBI Funds PMS in the table given below:

    Customer Care
    Call SupportYes
    Email SupportYes
    Chat SupportNo
    Watsapp SupportYes
    Relationship Manager SupportYes
    Call to Fund ManagerYes – 3 to 5 Times a month
    Issue Resolving TAT13 working days

    The Customer Care support provided by the team of SBI Funds PMS house is very satisfactory.

    The facility of making Direct Call for resolve issues and queries of any sort can be availed by the client.

    The support of Email and Watsapp is also being given to the clients.

    All their customers can also connect and seek support from their Relationship Manager at any point of time.

    The Fund Manager can also be called directly for at least 3 to 5 times in a month.

    The issue resolving TAT period of SBI Funds PMS team is 13 working days.


    SBI Funds PMS Conclusion

    SBI Funds Portfolio Management Services is created in particular to meet the investment needs of top quality clients who require focused portfolios.

    They believe in understanding the investor’s requirements and risk/return expectations. Based on these factors only this PMS r team suggests solutions for the portfolio of the clients.

    The team focuses on customer delight, transparency and sustained returns, thereby launching a wide range of innovative products.

    So for your integrated end-to-end customized asset management solution in terms of advisory service, discretionary and non-discretionary portfolio management services you can be rest assured with the professionally managed, quality focused and customer centric group of SBI Funds PMS house.

    You can relax and expect good returns from them for your hard earned investments.


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