PMS FAQs

 Professional Management ─ Expertly managed portfolios with a bespoke approach, tailored to investors’ specific financial goals, aimed at consistent long-term performance with controlled risk.

 Continuous Monitoring ─ Portfolios are regularly adjusted to optimize returns based on market conditions.

 Hassle Free Operation ─ All administrative tasks are managed by the service provider, ensuring smooth and stress-free management.

 Transparency ─ Detailed performance reports, regular updates from the firm, and web-enabled access keep investors fully informed at all times.

 Customized Advice ─ Personalized investment strategies tailored to meet individual financial goals and needs.

*Investments in the securities market are subject to market risks, and there is no assurance or guarantee that the objectives of any investment portfolio will be achieved. Past performance is not indicative of future results.

• For our Wealth Mantra and Growth Mantra portfolios, the minimum investment required is ₹50 lakh, which must be contributed in one transaction.
• For our Profit Mantra portfolio, the minimum investment is ₹1 crore.
• Note: The minimum of ₹50 lakh must be contributed under a single PAN card in one transaction for all portfolios.

An ideal Turtle PMS client can be an individual, partnership, HUF, NRI, private or public limited company, LLP, or trust, who:

• Values personalized investment management.
• Seeks steady, long-term wealth growth.
• Is comfortable with market fluctuations, including a potential 20% drawdown.
• Has realistic expectations, aiming for consistent returns rather than quick gains.
• Invests their own capital (not borrowed).
• Can commit to a 5 to 10-year investment horizon.
• Understands the fund’s process and shares the vision of the fund manager.

• 100% Quant Based Investment Process
• Investment in Human Friendly & ESG Compliant Business
• Easy Access to Top Management
• Client Friendly Fee Structure
• 100% Focus + Ownership
• Quarterly Review & Masterclass

• Yes, after an initial minimum investment of ₹50 lakh, you can invest additional amounts in any multiples and at any time intervals.

• Yes, you can withdraw periodically, provided that the remaining balance does not fall below ₹50 lakh. If the balance drops below ₹50 lakh, you will be required to withdraw the entire amount.

• Key person risk is the potential impact of losing a crucial individual like the Fund Manager. However, Turtle PMS is built on a quant-based, rule-based structured system that ensures our processes and strategies continue seamlessly, even in the Fund Manager’s absence. If Turtle were to close, your assets remain safe in your Demat account under – Orbis Financial Corporation Ltd., our custodian, ensuring uninterrupted management of your portfolio.

• Orbis Financial Corporation Ltd.is the custodian for Turtle PMS. They manage the safekeeping of your assets and ensure all administrative and operational processes are handled securely and efficiently.

• For Individual, it takes 3-5 working days.
• In the case of NRI, Corporate, LLP, HUF or Trust, it takes 10-15 working days.

• The Demat account will be opened with Orbis Financial Corporation Ltd., with NSDL (National Securities Depository Limited) serving as the depository.

We have two types of account opening processes: Online Onboarding for Individuals and Physical Onboarding for Non-Individual (NRIs, Corporates, LLPs, HUFs, or Trusts.)

• Individual Account Opening:
  For individuals, we use the SILVERBULLET platformfor an efficient online onboarding process. This typically takes 3-5 working days. The process is simple: you’ll need to provide a few documents and complete OTP/email confirmations. Our team will guide you through each step, ensuring a seamless and hassle-free experience.
• Non-Individual Account Opening:
  For these categories, we use a physical onboarding process, which takes 10-15 working days. We handle the preparation of all required documents, which we send to you for signatures and stamps. Our trained team ensures a smooth experience by guiding you through each step of the process.
• Know More – link to it – https://turtlewealth.in/client-onboarding-process

• Pooling funds in PMS allows for faster execution, lower costs, and streamlined management. This approach reduces fees and administrative burdens while ensuring personalized allocation through unique client codes. It enables effective strategy implementation, scalable investments, and compliance, all while delivering tailored portfolio management.

• Yes, you will be appointed a Relationship Manager (Wealth Manager) who will take care of all your needs.

Tab: Schedule a Meet Now – link to it – https://calendly.com/contact-htbl/30min?month=2024-09

• NO, we do not have a lock-in period in place. However, we believe that one should consider it as a long-term investment with a 5-10 year horizon.

• We give extreme importance to client interaction and updates:
• Every month, you will receive an email from Orbis (Orbis Financial Corporation Ltd.) with a detailed portfolio status.
• Every quarter, within the first 15 days, a Zoom review called “PMS Showcase” is held by the Fund Manager.
• We also provide regular updates on stock-related news, corporate announcements, and any relevant market developments.
• Whenever needed, a “1 to 1” review can be scheduled, based on your booking.

• Yes, you will be given a PMS login, which provides access to all reports and the fund value 24/7, 365 days a year.

Tab: PMS Login – https://www.orbisonline.in/portal/Account/login.aspx

• We offer a comprehensive suite of value-added services to enhance your investment experience, including:
• Investing Masterclass
• WhatsApp Investor Community
• Entry & Exit Note of Stocks
• PMS Quarterly Review
• Dedicated Service Manager
• Digital Onboarding
• Quarterly Result Update With Commentary
• We love our Clients more than our Companies

• Yes, we have developed a robust, Quant-Based Investment Processdesigned to generate exceptional ALPHA. Our approach ensures that every investment decision is Data-Driven and free from Human Biases, allowing us to consistently identify high-potential opportunities in the market.

Know More – link to it – https://turtlewealth.in/turtle-quant-process/

• We typically buy an average of 15 stocks, following a robust risk management process to ensure optimal allocation.

• No, there is no overlap in stocks between the two funds.

• We are very mindful of managing the churning in the fund. Our goal is to maintain an average holding period of 2 years, but this depends on each stock’s performance. If a stock performs well, we hold onto it; if not, we exit.

• While past returns do not guarantee future results, we aim to consistently generate ALPHA by investing in turnaround businesses through Turtle’s quant-based investing process.

• No, PMS companies are not allowed to offer guaranteed return products in equities.

• Yes, we accept both cheque or stocks, but the value must be a minimum of ₹50 lakh.

• There are two types of costs:
  1. Fixed Costs: These include SEBI fees, brokerage, and audit expenses, which are among the lowest in the industry at 0.15% per annum of the portfolio over 3 years.
  2. Management Fees:
     • Below ₹1 crore: 2% (fixed)
     • Above ₹1 crore: 1% (fixed) + 10% profit sharing at the end of the contract (EOC).
     • Note: Fixed fees are adjusted against profit sharing at the end of the contract or any redemption.
     • Fees are exclusive of 18% GST.

• Yes,we have separate services called Portfolio Review Services (PRS) where you just need to provide us with your current holdings. After a thorough review, we will tell you which stocks you should HOLD, EXIT, ADD, or

Know more – link to be – https://turtlewealth.in/service/portfolio-review-services/

• Our auditor is SecMark Consultancy Ltd.

• The tax liability under the PMS is similar to that of an individual investor trading directly in the capital markets. Each transaction within the PMS is treated as an independent trade, and capital gains taxes are applied based on the holding period of each stock.
• Currently, the long-term capital gains tax is 12.5%, and the short-term capital gains tax is 20%.