FinMo is the brand from FinMo Investment Advisors Pvt. Ltd., a SEBI
Advisor RIA-INA200014900 that offers financial advisory solutions like
TAXCHECK and Investment Advisory Solutions like RUPEE RAKSHAK, FINOP
PREMIUM & DOLLAR DEFENDER.
FinMo advisory solutions are offered to Indian families by FinIndia (The vertical specializing for resident Indian clients), services for overseas Indians are offered by Finglobe and services for Institutions (Trusts, associations, corporates and firms) are offered by Finstitutuion
FinMo has its Registered Office in Bangalore at
2520, 1st Floor, 27th Cross, 17th Main, Old BSK Police Station, Banashankari II Stage, Bangalore 560 070 Phone: +91 6364060600 Email: email@example.com
It is an Open investment Advisory portfolio for a one-time investment starting from Rs.1.25 Cr onwards, offering two returns on one investment. FinOp Premium consists of two portfolios
- Base Portfolio: Base Portfolio for Rs.1 Cr carries a mix of 20 securities, with a portfolio mix of stocks, ETFs, debt mutual funds, corporate bonds, or any listed securities on Indian Stock exchanges made uniquely based on the specific risk profile and returns expectations of investor
- Enhanced Portfolio: It takes an Exchange Collateral of
(interest free), on Base portfolio of Rs.1Cr, together with
of the Rs.1.25Cr), a total of 1 Cr capital, which is used for
Option strategies runs through hi-tech trading systems with
management system to generate net returns of 9-10% in a
That means on your 1.25 Cr capital, assume you get 15% from Base Portfolio and let us say you get 9% from the Enhanced Portfolio, the total return is 15+9 that is 24%. This is the advantage of FinOp Premium.
The changes in the Base portfolio is necessitated based on two parameters
- Change in risk profile of clients, changes in financial & personal situations of investors
- Deviation in returns performance of the holding securities, that needs to be replaced with newer and better performing securities in changed situation
The portfolio churning depends on these factors, which can happen once or twice a year on 10-20% of the holding. The enhanced portfolio runs on the Option strategy, which is managed dynamically on a day-to-day basis as options contracts expire every week
The portfolio is meant for generating returns in the long term over a period of 5 years or more. Ideally one should ideally stay for 5 years to earn maximum benefit from both the portfolios
Register your details for a one to one discussion for understanding the suitability and then subscribe on the FinMo website by paying the prescribed fee online. You need to open a demat account with the associated broker, who executes the portfolio advice sent to you on your registered email & provide monitoring tools
Any resident Indian with an investment surplus of Rs.10L and willing to wait for 3-5 years can subscribe to FINOP PREMIUM advisory Portfolio. Any of Non-Resident Indians (NRIs) or Persons of Indian Origin (PIOs) can subscribe provided they have an active demat account in India
The Base portfolio is a customized mix of securities in debt & equity, suitable to the specific investor and hence if the risk profile and size of the investments are different, portfolio holding can be different to investors, also can be different at different times
To start with, do note that past performance is not an indicator for future performance
The past performance of the FINOP PREMIUM Portfolio in the back tested results for the standard full equity portfolio is as below:
|1 MONTH(APRIL)||6 MONTHS||1 YEAR||3 YEARS||5 YEARS|
|TOTAL FINOP PREMIUM||1.87%||49.9%||191.82%||81.26%||64.68%|
The portfolio is specific and customized to individual investors and do not follow any benchmark indices per se. The returns in portfolio can be lower than benchmark or higher than the benchmark, there is no correlation to benchmark
The investments in Advisory Portfolio DOES NOT guarantee capital nor the returns. All the investments are subject to market risks, economy risks, investors should understand the returns are variable and is a variant on lot of national and global factors that are complex and dynamic. However, held over the term 3-5 years, such risks reduce considerably
Yes if the stocks in the Base portfolio declare dividends, it comes directly to your bank account and the broker keeps a track of all these, you will know it from your broker reports
The performance of the customized advisory portfolio often depends on the timely execution, that is buying/selling of advised securities. Once executed, broker has to offer real time monitor support to Investors and Advisory that is FINMO. It is also important to ensure clients have the convenience of authorizing and viewing all the transactions. Affiliated brokers provide these crucial services without which the delivery system does not work smoothly.
If you have a demat account with broker who is not affiliated to FINOP PREMIUM the overall execution and monitoring would prove to be a challenge
- Fixed Fee: Fixed Annual Fee at 1% of investment amount or the value of investments on the date of renewal
- Performance Fee: Up to an annual return of 15%, NIL. 20% profit share on entire returns if it crosses 15% in any year
Mutual Funds schemes are general Investment Funds with defined objective
buyers of units, whereas FINOP PREMIUM is an Advisory portfolio
an investor’s specific need. Do note, you have no say in holding
mutual fund scheme, it is done by Fund Manager. In FinOp you can discuss
free to follow advice or have the composition changed.
PMS schemes are run by brokers & Mutual Fund Companies are the set of non-discretionary portfolio, same for all strategy. Unlike mutual fund units, In PMS portfolio stocks are held in individual investors and is for a minimum investment of 50L. FINOP PREMIUM is available from 10L onwards, with customizable portfolio to individual needs
Brokerage charges are the transaction cost that broker charges for providing the Demat & trading platform and related services. The charges vary from 25-50 paise per 100 rupee transactions for delivery (holding for more than 1 day). Every time there is a buy/sell transaction the fees are charged/deducted by broker. There will also be annual platform fee charged around Rs.500, which are between client & respective broker. You agree to these charges while opening the broker account. These costs are common across all clients. The Current Value of investments, returns in FINOP PREMIUM will always be net of all these costs
No. The only revenue for FINMO is the fee paid by clients. FinMo do not get any commission from brokers, sub brokers or Mutual Fund Companies or any product that FinMo advices as part of its advisory portfolio. FinMo does get operational support in terms of getting the transactional data from brokers for monitoring of the portfolio that FinMo advices and to show portfolio to clients in FinMo Platform. Brokers associate with FINMO for providing account opening & execution platform and monitoring services as a distributor, it adds to their business. It is like a Doctor and a chemist relationship, without any revenue involved to FINMO. Both the broker and FINMO advisory is under the SEBI regulation norms.
Entry Load & Exit Load are charged in a scheme that is managed by Fund Houses like Mutual Funds, Financial Institutions to recover sales cost & restrict outflow of funds. FINOP PREMIUM is customized advisory portfolio, hence there is NO entry Load or Exit Load. Only transaction charges from the broker would be there, no additional cost.
- You subscribe to FINOP PREMIUM on FinMo website www.finmoindia.com by indicating the investment amount and paying the fee online
- You will receive the payment receipt, your risk profile and service agreement on your registered email
- You open your investment account form the affiliated broker and transfer the investment amount to your investment
- You will receive the portfolio advice by email with a copy to your affiliated broker
- You will approve the portfolio on email and transaction is done by your broker and confirmed on email
- The same procedure is repeated for any changes in portfolio.
Visit www.finmoindia.com and click on the register link, register as detailed. Our experts will get in touch with you for personal interaction to understand the requirement and give info about the suitable service. You can subscribe to service online after clarifying yourself on all your concerns.
You can track your investments through the login provided by your broker, alternatively you can also login to FINMO portal and view your investments on FinMO Platform. You will have a dedicated service team from FINMO and also from the broker.