Nabil Investment Banking brings Balanced Portfolio Management scheme; customers with no knowledge on sharemarket can begin this PMS service with attractive benefits

Fri, Sep 23, 2022 11:41 AM on Latest, Corporate,

Nabil Investment Banking has launched a Balanced PMS service for novice investors who would want to enter the stock market of the nation.

One will have to make a minimum investment of Rs 25 lakh or equivalent shares to register with this PMS service which will have a maturity of five years. the merchant banker will charge a 0.5% service charge for this PMS service where the investors will need to pay a 3% service fee if they choose to exit the service within two years while can exit the service without any charge after two years.

In addition, customers can withdraw all their profits by paying a 5% performance fee at any time of their choice, as per the media statement.