Account Management Service by Gale India. Charged on Performance only.
Gale India is 1 year old now. It has been an unforgettable year for me. I have tried my best to give the best available investment ideas. I have gained lots of experience and investors confidence since then. It was always my pleasure to help people make money. Gale India has around 7000 members now. Account Management Service was done on request and Investors are happy with it. I am currently handling 5 accounts with over 25 lacs in Cash Market. Now, I having the technical support to handle more accounts and funds, Gale India ventures into Account Management Service.
Minimum Investment:
Minimum Investment shall be Rs. 2 Lacs. I will restrict investment to 50 accounts or Rs. 2 Crores for now. In a year, I will be ready to handle over 250 accounts or 10 Crores.
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. Currently the all the Accounts that I manage for more than 6 months are up 27-33% in last 6-9 months.
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. 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.
Investment Picks:
I have invested in stocks like Manaksia Steel, Bhasali Engg, Indian Metals, Aimco Pesticides, Himadri Speciality Chemicals, Vindhya Telelink, Bajaj Finance, Bajaj Fiserv, DHFL, GIC Housing, Titan, PC Jewellers, HPCL, Venkys, Panama Petro, Himadri Chemicals, Tata Steel, Indusind Bank, Kotak Mahindra Bank, Interglobe Aviation, HUL, Kansai Nerolac, Capri Global, Pennar Industries, VIP Industries, Goa Carbon, Asahi Songwan, etc.
You will be more familiar with our stock picks if you are a regular follower of Gale India.
Account Mangement:
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 in your name.
As a lot of us might have experienced, opening a trading and Demat account is a tedious task with lengthy paperwork involved in the process. You need not worry as Gale India has registered as sub-broker with Angel Broking, India’s largest broking house. I will take care of opening your Demat and trading account end to end. All the way from collection of your required documents, ensuring your receipt of the forms required, getting all necessary signatures and submission of the application to Angel Broking. Wait, that’s not it! I’ll ensure that the account is activated and even take care of any unforeseen hold-ups that may be delaying the process.
As long as I manage your account, your Account opening charges and Annual Maintenance Charges for the Demat Account shall be waived off or reimbursed.
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.
Account Management Fee:
Globally, Account Managers charge flat 2-3% of the assets under management as their Management fee. on the other hand, I charge zero Management fee.
Performance Fee:
This is a 20% charge only on profits. Now, this fee is charged Quarterly. 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 you made Rs 10,000 in the first 3 months you will be charged 20% fee (Rs 2,000 in this case) at the end of the 3th month. Now let us say that you made Rs 9,000 in the next 6 months. Here, I will only charge you 20% on the ‘new’ profit amount (Rs 1,800).
Globally, Account Managers charge performance fee along with the management fee.
Offer for Priority Members:
50% of Performance fee will be waived off for Priority Members every quarter (upto Rs. 1000 each quarter).
Yearly Maintenance Fee:
Rs. 576.5/- (inclusive of taxes).
Offer from Gale.in: As long as I manage our Account, I Waive off the Yearly maintenance fees (for all the years).
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: