Client : Mr. Prakash Golwala
Investor in DAAP since 04 Oct. 2010
NJ Partner: VA Advisory Services Pvt. Ltd.
1) Please describe your overall experience of investing with NJ PMS provider (NJ Advisory Services Pvt. Ltd.)
Answer: As a client, I was always confused as to how much Debt and Equity Ishould have in my portfolio at any given time. I am a long-term investor in equity market, and this problem use to constantly puzzle me. I was also looking for a solution, which could help me buy equities when the markets dropped.
I found the answers to my questions in NJ PMS – DAAP Strategy, as it assures an ideal balance between Equity and Debt asset classes. I think this is the best way to invest in long equity mutual funds.
2) What were your objectives at the start when you invested in Dynamic Asset Allocation Portfolio? Do you think your objectives have been fulfilled by the portfolio manager?
Answer: Yes, my objectives have been fulfilled by the portfolio manager. My objectives for investing in DAAP were to manage my portfolio in a proper and disciplined manner. I wanted timely re-balancing and re- structuring of portfolio and schemes and finally risk adjusted returns.
3) Do you think the portfolio manager churns the portfolio frequently?
Answer: No I don't think so. I am aware that the re-balancing is done based on market movements and valuation basis. I am against frequent churning of portfolios.
4) What is your experience related to reports shown on website of NJ PMS?
Answer: The reports are transparent and descriptive. They meet our requirements and being able to see them online, adds to the user experience.
5) What are your suggestions to existing and prospective investors of DAAP?
Answer: For investors, who are looking at investing in equity as a long term asset class, I feel this is the best method and strategy to plan your investments. You will never regret your Equity investments!
6) What are your expectations from the portfolio manager?
Answer: Although I am sure that NJ is doing their due diligence, I want them to keep selecting good equity funds and monitoring them regularly.
7) What role has your introducer VA Advisory Services Pvt. Ltd. played in helping you to select DAAP for you?
Answer: VA Advisory has not sold a product to me. They have sold the logic and science behind investing through the Asset Allocation strategy, which is the core of this PMS. They have given direction to my portfolio and that was the key factor in selecting the DAAP strategy for my investments.
