Ashwini Gujral / Sharekhan PMS...Plz Suggest

[Tarun7175]

Hi

I want to put money in PMS, I have been searching, found a few.

1. Sharekhan: Capital: 5 lac, Sharing profit 20%, Brok: 50 paise, trading in NF and Stock Futures (Managed by Rohit Srivastava)

2. Ashwini Gujral: Capital 5 lac, Charging Rs. 1,20,000 for 6 months, trading in NF and Stock Futures, Brok 2 paise intra and 30 paise delivery,

3. Aditya Birla Money Capital 5 lac, trading in nifty options only, brok may vary depending on trade/ return

Plz suggest and guide which one can opted for better returns, as I myself dont have time to trade, but want to participate in mkt

Thanx in advance for your views, advice of you experts can be of great help to new comers like me, I have decided to go for PMS, only option is to choose from

 

[bunny]

1. Sharekhan: Capital: 5 lac, Sharing profit 20%, Brok: 50 paise, trading in NF and Stock Futures (Managed by Rohit Srivastava)

No idea.

2. Ashwini Gujral: Capital 5 lac, Charging Rs. 1,20,000 for 6 months, trading in NF and Stock Futures, Brok 2 paise intra and 30 paise delivery,

In futures, there should be no brokerage for delivery as there is no involvement of the depository. Brokerage should be same for intraday or delivery. Infact, many times, intrday day brokerage is charged only on one side of the trade, i.e. buy or sell.

From what I have heard on this forum, ASHWANI GUJRAL is a rip-off. A member recently posted that he as invested 5 lac in the same PMS, and he is in 30% losses and waiting for break-even.

ASHWANI GUJRAL seems a good book writer or copier for TA, but as a trader he is zero. Otherwise 30% loss in unimaginable for a person who writes about strict risk management in his book.

3. Aditya Birla Money Capital 5 lac, trading in nifty options only, brok may vary depending on trade/ return

Options are riskier than futures in a certain setting.


Above all, make sure to get a AUDITED copy of their claims. All brokers claim that their PMS, etc. provide X% returns, but clearly ask them if they are guaranteeing a "No loss only profit" deal. It shouldn't be that after accumulating loss, the broker says "I am extremely sorry about what has happened with you, but losses are a part of business."

 

[nac]

^ Better invest in mutual fund rather than investing in PMS or better you do the trade.

 

[chaitanyagoa]

No idea.

In futures, there should be no brokerage for delivery as there is no involvement of the depository. Brokerage should be same for intraday or delivery. Infact, many times, intrday day brokerage is charged only on one side of the trade, i.e. buy or sell.

From what I have heard on this forum, ASHWANI GUJRAL is a rip-off. A member recently posted that he as invested 5 lac in the same PMS, and he is in 30% losses and waiting for break-even.

ASHWANI GUJRAL seems a good book writer or copier for TA, but as a trader he is zero. Otherwise 30% loss in unimaginable for a person who writes about strict risk management in his book.


Options are riskier than futures in a certain setting.


Above all, make sure to get a AUDITED copy of their claims. All brokers claim that their PMS, etc. provide X% returns, but clearly ask them if they are guaranteeing a "No loss only profit" deal. It shouldn't be that after accumulating loss, the broker says "I am extremely sorry about what has happened with you, but losses are a part of business."

I totally agree with what BUnny days ..... If u don't have the time then invest in something else..... Money can be made in the markets ... but it doesn't take too much time to go bankrupt.... Just my 2 cents

 

[amit_7659]

No idea.

In futures, there should be no brokerage for delivery as there is no involvement of the depository. Brokerage should be same for intraday or delivery. Infact, many times, intrday day brokerage is charged only on one side of the trade, i.e. buy or sell.

From what I have heard on this forum, ASHWANI GUJRAL is a rip-off. A member recently posted that he as invested 5 lac in the same PMS, and he is in 30% losses and waiting for break-even.

ASHWANI GUJRAL seems a good book writer or copier for TA, but as a trader he is zero. Otherwise 30% loss in unimaginable for a person who writes about strict risk management in his book.


Options are riskier than futures in a certain setting.


Above all, make sure to get a AUDITED copy of their claims. All brokers claim that their PMS, etc. provide X% returns, but clearly ask them if they are guaranteeing a "No loss only profit" deal. It shouldn't be that after accumulating loss, the broker says "I am extremely sorry about what has happened with you, but losses are a part of business."

Dear Bunny, no one will ever say in this mkt - No Loss only profit, and one more thing, as you stated one person lost 30% in Ashwini PMS, I have searched but couldnt find, can you please, if possible for you, guide me to that post, so that i can have his views also

And not the least, THANX A LOT for your sincere views

 

[suhas.bhayekar]

HELLO SIR,
YOU ARE VERY SMART BECAUSE YOU TAKE SUGGETION BEFORE TRADING PMS.I AM NOT TAKING ANY SUGGETION BEFORE PMS TRADING.I AM TRADING PMS WITH ASHWANI GUJRAL LAST SIX MONTH BEFORE.I START DRADING NIFTY FUTURE AND OPTION WITH CAPITAL WORTH RS. 3,00,000/-(THREE LAKH RS.) I AM GOING RS.65,OOO/-NET LOSS AND HIS SIX MONTH ADVANCE FEE OF RS.25,000/- MEANS TOTALLY RS.90,000/- LOSSESS IN FOUR MONTH. I WAIT PLUSE TWO MONTH FOR RECOVER MY LOSS,BUT HE CAN NOT RECOVER IT. AT LAST I CLOSED MY A/C AND TAKE BALANCE AMOUNT.
SO PLEASE YOU DONT TRADING PMS WITH ASHWANI GUJRAL PORTFOLIO MANEGE.
suhas,[email protected]
THANK YOU.

 

[bunny]

Dear Bunny, no one will ever say in this mkt - No Loss only profit

If they are collecting 5 lacs from so many clients especially for the purpose of speculation, they have to have certain skills. Don't be fooled by the executive suites they wear, their academic qualifications and TV appearances, and their "visionary" biographies painted in newspapers. Lehman collapsed because of such people. You too can collapse because of the same people, except that there will be neither news nor a bailout, leaving you high and dry.

Any speculator who asks for your money but does not guarantee a no-loss is in other words asking "Can I gamble with your money?"

Needless to say, regardless of their performance, they continue to draw the same hefty salary, wear the same expensive suites, are treated by the media with the same respect, etc. even knowing that you have developed craters in your pocket.

and one more thing, as you stated one person lost 30% in Ashwini PMS, I have searched but couldnt find, can you please, if possible for you

http://www.traderji.com/trading-psy...-loose-money-ashwini-gujral-3.html#post422566

 

[crezik17]

Dont give fund to anyone.. Manage by own.. Invest in largcap stocks in every correction.. U wil give handsome return

 

[amit_7659]

If they are collecting 5 lacs from so many clients especially for the purpose of speculation, they have to have certain skills. Don't be fooled by the executive suites they wear, their academic qualifications and TV appearances, and their "visionary" biographies painted in newspapers. Lehman collapsed because of such people. You too can collapse because of the same people, except that there will be neither news nor a bailout, leaving you high and dry.

Any speculator who asks for your money but does not guarantee a no-loss is in other words asking "Can I gamble with your money?"

Needless to say, regardless of their performance, they continue to draw the same hefty salary, wear the same expensive suites, are treated by the media with the same respect, etc. even knowing that you have developed craters in your pocket.


http://www.traderji.com/trading-psy...-loose-money-ashwini-gujral-3.html#post422566

Dear Bunny, thanx a lot for that link, was of great help

 

[amit_7659]

HELLO SIR,
YOU ARE VERY SMART BECAUSE YOU TAKE SUGGETION BEFORE TRADING PMS.I AM NOT TAKING ANY SUGGETION BEFORE PMS TRADING.I AM TRADING PMS WITH ASHWANI GUJRAL LAST SIX MONTH BEFORE.I START DRADING NIFTY FUTURE AND OPTION WITH CAPITAL WORTH RS. 3,00,000/-(THREE LAKH RS.) I AM GOING RS.65,OOO/-NET LOSS AND HIS SIX MONTH ADVANCE FEE OF RS.25,000/- MEANS TOTALLY RS.90,000/- LOSSESS IN FOUR MONTH. I WAIT PLUSE TWO MONTH FOR RECOVER MY LOSS,BUT HE CAN NOT RECOVER IT. AT LAST I CLOSED MY A/C AND TAKE BALANCE AMOUNT.
SO PLEASE YOU DONT TRADING PMS WITH ASHWANI GUJRAL PORTFOLIO MANEGE.
suhas,[email protected]
THANK YOU.

I just went through the details on ashwini's site, he is demanding Rs. 3 lac for nifty options only, how come you are trading in NF and Nifty Option with 3 lacs, please confirm, though posting of your experience (if true???) will be of great help to readers here. If possible please give details of your experience to help out and save readers from such people as Ashiwini