Account Management Service by Gale India. Charged on Performance only.
Gale.in is more than 2 years old now and has more than 10,000 happy members. For the last one year we are managing 50 accounts with portfolio worth close to 2 Crores. Now we are ready to manage more accounts up to 10 Crores.
You can just open your Account management Service in less than 10 minutes online.
Minimum Investment:
Minimum Investment shall be Rs. 3 Lakhs.
We will be investing through Angel Broking account of yours. Reason for requesting for a minimum of Rs. 3 lakhs is
i) Angel Broking offers free life time account with no Annual maintenance charges.
ii) Minimum available brokering charges (16p per Rs. 100).
iii) The fund will be good to manage close to 15 stocks with minimum brokering charges.
Note: 3 lakhs should be paid while opening the account or credited within 15 days of account opening.
Minimum Return Promise:
There shall be no promise of Minimum returns. I am not here to rope investors by giving false promise. We are know that market carries investment risk. I am here to beat the market returns and grow your wealth with good Risk Management, Sophisticated Investment Strategies and various Investment Tools. I take pledge to make good profits for my client and handle them as my own with complete responsibility.
Investment Strategy:
Investment Shall be made in Cash Market only. No leverage shall be taken. Fundamentally good stocks shall be chosen across the market. Quarterly results of the stocks will be monitored and decision to Hold or Sell will be taken. Technical chart of daily and weekly candles will be used to determine targets, Supports and Stop losses. However, As you all know, Investment is subjected to market risk. So I will diversify our investment across various Performing Sectors and Market caps. I will find stock that will double your money in 2-3 years in a normal market scenario, so that overall, your invested fund doubles in 3-4 years easily. I will remain focused on top performing stocks only.
So our Top priority will be
- Economic Outlook (Macros)
- Index and Sector technical charts (Technical)
- Profitability ratio (Fundamental)
- Valuations (Fundamental)
- Promoter holding, Mutual Fund holding, Debt ratio, Cash holding, etc (Fundamentals)
- Weekly technical charts (Technical)
- Daily technical charts (Technical)
- Quarterly results (Fundamental)
Stock Picks:
Our Stock picks during the last year includes NRB Bearing, Apar Ind, Westcoast Paper Mills, City Union Bank, DCB Bank, Alembic Pharma, Jubilant Life Science, Sonata Software, MM Forging, NOCIL, Marico, Heidelberg Cement, Seimens, KEC Int, etc
Account Management:
Fund will not be collected for Investment. Investment shall be done in your Demat and Trading account. I will be your private wealth manager, managing your Demat and Trading Account that is opened in your name.
As said early, Demat account shall have no Annual Maintenance charges for your demat account. The Brokerage will be 16p for 100 Rs. to 20p for 100 Rs.
Once your account is active and you’ve invested, you can relax while I take over. At all times, you have complete capital control over your Angel Broking account, with 100% transparency on all operations. You can always login and check your portfolio.
Minimum Holding Period:
Nil. I personally advise to hold capital investment for 3 years. If you invest today, technically you can even request a redemption the very next day. Why 3 years? I always like to tell people, I will double your money in 3-4 years. Holding this stock? it will double your money in 2 years. Hope you understand now, I wish that the fund is held for long term for better gains.
Capital Control:
You have complete Capital Control over the Angel account and funds can be withdrawn within a period of maximum five business days. It’s always better to keep me informed on any withdrawal plans a little ahead for more strategic investments.
Performance Fee:
This is a 20% charge only on profits. Now, this fee is charged ever year. However, it is charge on the high watermark. A high water mark is used in investment funds to ensure that investors do not have to pay performance fees for subpar performance.
Example: Let us say that Rs. 3,00,000 was invested. At the end of first year, if the portfolio is worth Rs.4,00,000.
Performance fee of Rs. 20,000 (20% on profits) will be collected and your initial investment for the second year will be Rs. 4,00,000.
Account Management Fee:
Globally, Account Managers charge flat 2-3% of the assets under management as their Management fee. On the other hand, We charge zero Management fee.
You can reduce your Performance fee by 50% if you pay an account management fee of 1% in advance. Your New performance fee will be now 10% on profits.
Tax Saving on Long term Investment:
We will ensure that the best tax saving strategies are followed while investing.
Taxation:
In case you’re worried about filing taxes, I will take care of the entire process for you, at no additional cost.
Let’s Start the Journey Together: