quant based pms

Dear boarders,

I am planning to invest in ING India BSE-200 Quant Equity Portfolio based PMS.They are charging 2% entry Load and 2.5% management fee. They have an exit load of 1% if capital withdrawn within one year while gains can be drawn without exit load.

The PMS performance has been 6.72% return in1 month ,13.83% in 3 month,19.02% 6 in month ,40.50% in 1year,63.97% in 2 year and 41.27% in 3 year. This is in comparison to BSE-200 index giving 6.1% in three year.

Would appreciate your views and suggestion on pro and cons of investing in the same.

Thanks
Indu

Stock markets have run up considerably past few months. To really get an idea about the PMS look for older reports and compare. Like 6m to 1yr old reports. Can't comment on it specifically

Basically look for peformances during bull and bear phases. During bull phases it should out perform the benchmark and during bear phases it should fall lesser again out performing the benchmark. This is the primary focus.
Looking from this angle charges itself equal 5% if you invest for less than a year.

Or you can test it with some small amount if it is possible. I dont know what the limits. Also talk to past pre existing customers.
These products change character very fast and are formulated with some target consumer's specific requirements in mind. See if you belong to such a target audience where it addresses your needs.
A risk factor is its investment universe of small and midcaps. Your benchmark should be HDFC's Top 200 mutual fund. It is one of the legends in the Indian markets. Compare results and get back.