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What is Privileged Account Service? |
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Birla Sun Life Privileged Account Services is the Portfolio Management Services division of Birla Sun Life Asset Management Company created especially for high net-worth individuals to provide customized solutions for their financial investment needs. |
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| 2) |
How is PAS different from Mutual Fund? |
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The differentiating factor is our customized approach. Our portfolio manager understands each customer's needs and prepares a model portfolio depending upon his financial goals, time horizon, investment outlook. The service also offers clients access to sophisticated investment advisory services aimed at providing strong performance. |
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| 3) |
How do does one begin? |
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At Birla Sun Life Privileged Account Services, our Relationship Manager will have a detailed discussion with you regarding your financial goals and will engineer a portfolio as per your requirement across various asset classes. To meet with our Relationship Manager please visit CONTACT US |
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| 4) |
How is PAS with Birla Sun Life more advantageous? |
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PAS with Birla Sun Life offers the following benefits - |
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| 5) |
What kind of returns can I expect? |
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Birla Sun Life Privileged Account Services offers various products to suit individual investment objectives. We endeavor to outperform the benchmark indices like Nifty but there can be no guarantee or certainty of the same. Over long term, equities have outperformed other asset classes. However the future returns may vary based on market risks. |
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| 6) |
Does the Portfolio Manager have absolute discretion in a Discretionary Portfolio? |
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The Portfolio Manager has absolute discretion under a Discretionary Portfolio. As Birla Sun Life AMC is a SEBI registered Portfolio Manager, it provides Discretionary as well as Non Discretionary portfolio management service. |
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| 7) |
What will be the tax structure applicable? |
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We will provide transaction reports on a regular basis, realized Gain/ (Loss) statement on a quarterly basis and Audited Financials (on a yearly basis). Tax incidence will arise only after portfolio action brings in gains (where the client shifts pre-owned stocks)
Note: Taxation being a highly personalized matter, clients are advised to consult their tax advisors for comprehensive advice with regard to the above and all other allied issues governing a Privileged Portfolio. We do not offer any tax advice.
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| 8) |
Who shall manage my funds? |
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Backed with a strong research team, we have a skilled team of fund managers with requisite industry and market experience who shall will manage your funds.
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| 9) |
What is the time horizon and is there a lock-in period? |
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The ideal time horizon for a equity portfolio is at least 24-36 months. The lock-in period varies depending on which product you include in your portfolio.
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| 10) |
What if I terminate PAS before one year? |
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You can terminate from PAS at any time after 30 days. Charges as agreed upon would be applicable.
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| 11) |
Which product would be most suitable for me? |
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Our Portfolio Managers are experts who first understand your risk profile and expectations, and then develop an investment strategy that best suits your individual needs. |
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| 12) |
Are there risks associated with PAS investments? |
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Yes. All investments involve a certain amount of risk, including the possible erosion of the principal amount invested, which varies depending on the security selected. |
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| 14) |
Do you invest in Derivatives on behalf of the customer? |
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The Portfolio Manager may invest in future and options to hedge, to generate returns or to balance the portfolio. |
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| 15) |
How regularly can I get updates on my portfolio? |
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The Statement of Holding & other relevant details will be available to you online 24 X 7 basis and can be viewed logging in your user ID and the password that will be supplied to you. The audited Annual Statements will also be couriered on an annual basis. |
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IF YOU HAVE ANY FURTHER QUESTIONS?
PLEASE WRITE TO US AT
pas@birlasunlife.com |
