Manages a diversified portfolio focusing predominantly on larger-cap companies with a small allocation to attractive mid-caps.
+15.45%
3Y annualised returns
+11.20%
Benchmark returns (NIFTY 50 Total Return Index)
Launch date
04 Mar '05
Total AUM
₹99.43Cr
Min. investment
₹50,00,000
Benchmark
NIFTY 50 Total Return Index
Portfolio analysis
Equity / Debt / Cash split
Equity99.7%
Cash0.3%
Equity market cap split
Large Cap37.0%
Mid Cap29.7%
Small Cap21.3%
Min. investment & fees structure
Min. investment for 1st time
SEBI mandates a minimum investment for investing in PMS
₹50,00,000
Exit load
Fee charged on redemption before the completed holding period
3.00%
PMS management
RP
Rakesh Parekh
Head of Equity PMS, JM Financial Services
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About
Mr. Parekh has over 25 years’ experience in equities and portfolio management. He heads the Equity PMS business at JM Financial Services (JMFS). Before joining JMFS, Mr. Parekh was part of the Templeton Emerging Markets Group headed by Dr. J. Mark Mobius. He was responsible for co-managing the portfolio of Templeton India Growth Fund (TIGF) and a private institutional portfolio-OMERS, a Canadian pension fund based out of Mumbai, India. He has gained varied experience across a number of emerging markets, principally India and Israel, during his tenure within Templeton Group. He has also worked with several other large investment organizations both FII’s and DII’s as a research analyst. Mr. Parekh is a qualified Associate of Chartered Insurance Institute (ACII), UK and holds a degree in MBA, Finance from the University of Stirling, UK.
Experience
Over 25 years of experience in equities and portfolio management.
Investment philosophy
Specializes in equity portfolio management across emerging markets, including India and Israel.
Previously worked at
Templeton Group
Awards
Part of the Templeton Emerging Markets Group under Dr. Mark Mobius. Co-managed the Templeton India Growth Fund (TIGF) and a private institutional portfolio for OMERS, a Canadian pension fund.