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.
SBI Funds PMS – Customer Ratings & Review
Find Client ratings of SBI Funds Portfolio Management Services –
|SBI Funds PMS Ratings|
|Returns Performance||3.3 / 5|
|Services||3.2 / 5|
|Charges||3.4 / 5|
|Experience||3.3 / 5|
|Strategies||3.2 / 5|
|Client Support||3.0 / 5|
|Overall Ratings||3.3 / 5|
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.
|Registered Location||Mumbai, Maharashtra|
|Yr. of Establishment||1993|
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.
Invest in SBI Funds PMS – Fill up the form Now!
Types of SBI Funds PMS
There are 2 types of SBI Funds Portfolio Management Services –
|Types of PMS|
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|
|Name||Aparna Shanker (Portfolio Manager)|
|AUM (in Cr.)||Approx 12,000 Cr.|
|Number of Clients||300+|
|Investment Tenure||Minimum 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.
Know Fund Managers of Other Portfolio Management Service Companies
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|Bellwether Capital PMS||Centrum PMS||Emkay Investment PMS|
|Bonanza Portfolio PMS||DHFL Pramerica PMS||Enam Asset Management PMS|
SBI Funds PMS Strategies
This table give you the details about SBI Funds Portfolio Management Services Strategies:
|MULTI CAP||GROWTH 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:
|Strategy||GROWTH WITH VALUES|
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.
Know Returns of other PMS Brands
|Dynamic Equities PMS||Envision Capital PMS||Five Rivers PMS|
|Elite Wealth PMS||Equirus Securities PMS||Ghalla Bhansali PMS|
|Elixir Equities PMS||Estee Advisors PMS||Harmoney Wealth Advisory PMS|
SBI Funds PMS Investment Plans
This table illustrates the details about SBI Funds Portfolio Management Service investment slabs:
|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|
|Profit Sharing% Commission||Yes|
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 – 50L||1.75% of Investment|
|Investment – 50L – 1 Cr.||1.55% of Investment|
|Investment – 1 Cr. – 5 Cr.||1.35% of Investment|
|Investment – 5 Cr. Plus||1.15% 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 – 50L||0.22% 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. Plus||0.16% 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 – 5L||30% of Profit|
|Profit Amount – 5L – 10L||28% of Profit|
|Profit Amount – 10L – 50L||25% of Profit|
|Profit Amount – 50L Plus||22% 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.
Know Charges models of other Portfolio Management Service Providers
|IDFC PMS||Indiareit Fund Advisors PMS||JHP Securities PMS|
|Impetus Wealth Management PMS||Janak Merchant PMS||Karma Capital Advisors PMS|
|Indianivesh PMS||Jeetay Investments PMS||KB Capital PMS|
SBI Funds PMS Charges
The fine points of SBI Funds Portfolio Management Service Charges can be seen in this table:
|Management Fees||As per commission model|
|Upfront Fees||1.2% – 1.7% of Asset Value|
|Brokerage Charges||0.012% – 0.022% of Total Transaction Value|
|Custodian Charges||0.35% – 0.45% of Asset Value|
|Depository Charges||0.18% – 0.20% of Asset Value|
|Exit Load – within 12 months||1.2% – 2.2% of Withdrawal Value|
|Exit Load – post 12 months||Free 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|
|Back office Reports||Yes|
|Flexible Commission Model||Yes|
|Flexible Investment Plans||Yes|
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:
|Relationship Manager Support||Yes|
|Call to Fund Manager||Yes – 3 to 5 Times a month|
|Issue Resolving TAT||13 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.
SBI Funds PMS FAQs
Ques – How can I invest with SBI Funds PMS?
Answer – It is simple and convenient if you are planning on making an investment with SBI Funds. To do so first of all you need to get can access via the button Invest in PMS. Once you have done so, you will find a form under the nest of Investment. In that form there are certain mandatory fields such as Name, Mobile number, City and what type of investment. Once you have filled the form you will get access to it.
Ques – Who is the current fund manager of SBI Funds PMS?
Answer – In 2007, when Ms Aparna Shankar was a research analyst, she began working with SBIMF and now serves as the Portfolio Manager. Sahara Asset Management, Birla Global Finance and UTI were among her prior work commitments. She has 15 years of experience, collectively. As far as her academic abilities are of concern, she is a Mumbai University Science Graduate of General Law. She holds a Master’s degree in Finance and a postgraduate degree in Treasury from the University of ICFAI.
Ques – What is the approx AUM of SBI Funds PMS?
Answer – Around Rs. 12,000 cr. is held by the Fund Managers of SBI Funds PMS as AUM and is capable of handling over 300 + PMS customers. Clients undertake investments in SBI PMS Funds for a minimum duration of at least three years.
Ques – Where can I check return or performance of SBI Funds PMS?
Answer – You can check the return and performance of the SBI Fund PMS right within the article that we have provided you with. Our team works with utmost priority towards the customers, therefore the article is designed in a form that provides data in both tabular, chart and explanatory methods.
Ques – What are the different strategies used by SBI Funds PMS?
Answer – SBI Growth with values. The plan aims to obtain capital growth in the long term, which is accompanied by extensive research. Strong corporate governance, social responsibility, and environmentally sustainable companies are considerations that this company strives to concentrate on. As far as investments are concerned, the selected companies are in line with positive environmental criteria. Investment is often made in industries that are overwhelmingly significant beneficiaries of economic development.
Ques – Where to find the fee structure and commission rate of SBI Funds PMS?
Answer – The article provided to you, is for your feasibility and ease. Therefore to find the fee structure and the commission rate of the SBI Funds, all you have to do is locate the suitable head within the article. All the details are written and updated, therefore you will not find much trouble in locating so.
Ques – How to call or reach SBI Funds PMS customer care?
Answer – There is more than one feasible method that is provided to customers so that they can easily access the customer care services. There are methods such as the mobile number, email ID and sometimes the whatsapp number which are all given within the article.
Ques – What are the benefits of investing with SBI Funds PMS?
Answer – The various advantages given by the SBI Funds PMS are as follows:
- There is a Top-up facility given to all investors by them.
- Through the online medium, the client can access their web services, which will facilitate the latest reports and portfolio information.
- For all transactions that take place in the client account via Email Update and SMS Update, timely basis provisions are made.
- Often made available by this organisation are flexible investment plans and flexible commission models.
- For optimal performance, the SBI Funds PMS house has comprehensive experience in Portfolio Management Services.
Ques – What are the different charges involved with SBI Funds PMS?
Answer – According to the commission model that is mutual consent between all sides, the client and the PMS team, management fees will be.
- Upfront fees-1.2%-1.7% of the asset value are the upfront fees paid by the PMS team of SBI Funds.
- Brokerage Fees-Brokerage fees are between 0.012% and 0.022% of the overall value of the deal.
- Custodian payments are between 0.35% and 0.45% of the asset value received from their customers by the PMS house.
- Depository fees-This broking house’s PMS depository fee is anywhere between 0.18%-0.20% of Asset Value.
- For any withdrawal that has been made within a span of 1 year of portfolio formation, exit load fees are 1.2 percent-2.2 percent of the withdrawal value.
Ques – Where can I find all the details about SBI Funds PMS?
Answer – The article that we have provided you on the SBI Funds PMS is designed and detailed as per the convenience, ease and feasibility of our customers. We provide you the data in tables and charts with detailed description of the entire PMS service. Bold headers are provided for the topics to be easily located. We have made all the work easy for you and compiled all the necessary information required.
Invest in SBI Funds PMS – Fill up the form Now!
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