NIC Asia Capital Launches "Profit or Refund" Offer Under Portfolio Management Services
Wed, Jul 31, 2024 11:15 AM on Latest,

NIC Asia Capital has been operating various customer-oriented plans under its Portfolio Management Service (PMS) with the slogan "Mero Lagani, Mero Bhavishya." Aiming to make the investment management service more refined and customer-friendly, the capital has introduced a new offer called "Profit or Refund" for the upcoming fiscal year 2081/82.
Under this offer, if the portfolio of a customer using the Portfolio Management Service (PMS) does not show growth by the end of the fiscal year, the service fee paid to the capital will be refunded to the respective customer. This innovative approach is designed to instill greater confidence among investors by ensuring that their investments are managed effectively and with accountability.
Key features of the "Profit or Refund" include a minimum investment of Rs. 10 Lakhs, a duration of 3 years, and an annual fee of 1.5% which is negotiable. Additionally, there is a performance fee of 10% and no exit fee. However, it is important to note that if an investor exits the plan before the agreed duration, the service fee will not be refunded.