Its said to help retail investers create their portfolio in SIP manner of an MF.
Minimum investment per month is 5K.
The Brokerage + Relationship Manager Fees + Call in Trade Fees + Alert calls. - 2% (looks high to me)
The relationship mgrs will give updates about available calls and will execute orders only when u give it a go. (for buy as well as sell).
You cannot execute any order on your own but in case you want to, call your manager and get that thru.
Easy Entry-Exit policies.
In a month if you want to push more money in, you can, or for a month you are not able to do that, let your manager know abt it and he will not give you calls on that month.
That is the brief about the scheme.
It is said to be running in B'bay for last an year or so successully.
Returns so far are said to be around 30%+.
regards,
Mohan
