Welcome to Hem Securities Portfolio Management Services
The right choice for long-term wealth creation with our aim of delivering staggering returns
PMS Investment Approaches
DREAM
With a robust and extensive stock selection process, DREAM offers a dynamic Multi-cap strategy that balances the resilience and stability of large caps with the faster growth and new opportunities of small & mid caps.
IRSS
IRSS is SME focused PMS strategy, helping it’s investors in identifying promising SME and small cap stocks across diverse sectors that are poised for growth based on meticulous research, strategic selection, and rigorous analysis.
TRUST THE EXPERTS, CHOOSE HEM PMS
We at Hem Securities always strive to deliver staggering returns using our expertise, unique approach and strategies
Testimonial
Hear's What Our Amazing Clients Have To Say About Working With Us
Use our PMS Mini facility today and Watch the happiness grow!
With our PMS Mini service you can now top up your existing PMS online at the click of a button. You can also start a PMS SIP with as low as Rs. 1 lac and thus get the advantage of regularly buying a basket of high quality portfolio stocks.
Frequently Asked Questions
A portfolio manager is a legal entity that, under the terms of a contract with a client, advises, directs, or conducts the management or administration of the client’s portfolio of securities, assets, or money (whether as a discretionary portfolio manager or otherwise).
In a discretionary portfolio management service, the portfolio manager handles each client’s assets and securities separately and independently, according to the client’s needs. The portfolio manager in the non-discretionary portfolio management service administers the money according to the client’s instructions.
Portfolio Managers must invest funds of their clients in securities listed or traded on a recognized stock exchange, money market instruments, units of Mutual Funds through the direct plan, and other securities as specified by the Board from time to time under the Discretionary Portfolio Management Service (DPMS). Portfolio Managers can invest up to 25% of a client’s AUM in unlisted stocks under the Non-Discretionary Portfolio Management Service (NDPMS), in addition to the securities allowed for discretionary portfolio management.
Units of Alternative Investment Funds (AIFs), Real Estate Investment Trusts (REITs), Infrastructure Investment Trusts (InvITs), debt securities, shares, warrants, and other securities not listed on any recognized stock exchanges in India are considered “unlisted securities” for investment by Portfolio Managers
In line with the provisions of the client’s agreement with the Portfolio Manager, the customer may withdraw partial sums from his portfolio. The value of the portfolio’s investment following such withdrawal, however, must not be less than the required minimum investment amount.
The Portfolio Manager is required to accept minimum INR 50 Lacs or securities having a minimum worth of INR 50 Lacs from the client. PMS account will be activated only after you deposit a minimum of Rs. 50 lacs in the account. It can be through Cash/stocks/combination of cash and stocks
Portfolio Managers cannot impose a lock-in on the investment of their clients. However, a Portfolio Manager can charge applicable exit fees from the client for early exit, as laid down in the agreement subject to provision of SEBI Circular No. SEBI/HO/IMD/DF1/CIR/P/2020/26 dated February 13,2020
No, SEBI in its PMS Regulations(Portfolio Managers), 2020 clause 22 (11) prohibits the portfolio manager from guaranteeing or indicating a return, either directly or obliquely It has to be distinctly understood that investing in equities is subject to market and other risks as disclosed in the Disclosure document and there exists a risk to the principal amount invested.
The tax liability of a PMS investor would remain the same as if the investor is accessing the capital market directly.
In our discretionary portfolio management service, the discretion to invest primarily lies with the portfolio manager. However at the time of giving us the portfolio you can give us list of securities, sectors, etc. which you do not/cannot invest in your portfolio due to reasons like conflict of interests, religious beliefs etc. and we will take care of your need.
SEBI (Portfolio Managers) Regulations, 2020 provide that the Portfolio Manager shall charge a fee as per the agreement with the client for rendering portfolio management services. The fee so charged may be a fixed amount or a performance-based fee or a combination of both. However, no upfront fees shall be charged by the Portfolio Manager directly or indirectly to the clients. The agreement between the Portfolio Manager and the client shall, inter-alia, also include the quantum and the manner of fees payable by the client for each activity for which service is rendered by the Portfolio Manager directly or indirectly.
Yes, NRIs can invest in the PMS through the NRE or NRO accounts. There are some additional compliance/documentation requirements for NRI clients. Our relationship manager will help the NRI client with this documentation.
