If you have any concerns please read this collection of frequently asked questions before contacting us. If you are still unclear about something feel free to contact.
PMS is a service provided by SEBI-registered Portfolio Managers, where funds are professionally managed on behalf of clients to help them achieve their investment objectives.
A Portfolio Manager is a corporate entity that, through a contract with a client, advises, directs, or undertakes the management or administration of a portfolio of securities or funds on the client’s behalf. Tradeswift Broking Private Limited is licensed by SEBI to offer such services.
PMS solutions cater to a niche group of investors, such as high net-worth individuals (HNIs) and entities like HUFs, partnership firms, sole proprietorship firms, and other eligible investors.
Yes, PMS investments carry risks, including potential loss of the invested capital. Investors should carefully examine the fund and offering terms before making an investment decision.
Yes, regulatory guidelines mandate that PMS investors open a new demat account for their PMS investments.
Yes, clients can jointly hold a demat account with one other applicant, with a maximum of two applicants per account. KYC requirements apply to all joint holders.
To change a nominee, clients must complete a "change of nominee" form and submit it to Tradeswift. They can contact their relationship manager or email support@tradeswift.net for assistance.
Portfolio Managers provide account statements monthly or upon the client’s request, as per SEBI regulations.
The Disclosure Document offers detailed information about the portfolio services, enabling informed decision-making. It includes details on fees, risks, related-party transactions, portfolio manager performance, and audited financial statements for the past three years.
Yes, NRIs can invest in Tradeswift PMS by opening an NRI PMS Account.
Clients can choose between:
Operational expenses such as custodian charges, fund accounting fees, audit fees, brokerage, and taxes are additional and charged on actuals.
The hurdle rate is the minimum return a Portfolio Manager must achieve for the client before charging an incentive fee.
A high watermark is the highest value achieved by the portfolio (or NAV) at which fees have been charged historically, or the initial investment value, whichever is higher.
Additional charges may include:
Tax liability for PMS investors is the same as if they were directly investing in the capital markets. Clients are advised to consult a tax expert for specific guidance.