Frequently Asked Questions
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Who is the Fund Manager of Shepherd's Hill PMS?
Mr. Rishi Gupta, the fund manager, brings 20+ years of capital-markets experience and personally oversees research, investment decisions, and portfolio management.
Mr. Rishi Gupta is the fund manager. He has more than 20 years of experience in the capital markets. He is a graduate of Stanford University and was a private equity professional. He has been professionally investing in India since 2008. He has experience interacting and working with top management at the CXO and board of director levels and is a proven judge of managerial character and competence. He has international experience and can assess global market factors affecting a company’s business. He is personally involved in the detailed quantitative and qualitative research that goes into an investment decision of the PMS services / Portfolio Management Services / Portfolio Management Scheme. He personally reviews the PMS investment portfolio to make sure it is correctly positioned and balanced.
Can you share some stock names in the portfolio?
Shepherd’s Hill can explain its investment process and examples but does not disclose proprietary PMS portfolio holdings.
While we are happy to walk you through our process and hypothetical examples of the types of companies our PMS India invests in, we cannot share proprietary information about PMS investments i.e. portfolio holdings of the PMS / Portfolio Management Scheme / Portfolio Management Services.
Can I get a better / different fee structure?
Shepherd’s Hill charges 0% management fees with a 6% hurdle rate, aiming to align the firm’s interests closely with its clients.
The fee structure in the PMS India is carefully designed to be fair to clients. The reason the hurdle rate is 6% is because the management fee is 0%. If the management fee was 1 or 2% we could have kept the hurdle rate higher, but we believe the 0% management fee structure produces the best alignment of interests between our clients and us – like a true partnership. (PMS India – applicable for the Portfolio Management Services / Portfolio Management Scheme)
Is there an early withdrawal fee in the PMS?
The PMS early withdrawal fee is 3% in the first year, 2% in the second year, 1% in the third year, and nil after three years.
Yes, the early withdrawal fee for the PMS services is 3% in the first year, 2% in the second year, 1% in the third year and there is no withdrawal fee from the PMS accounts after three years.
Do all PMS clients have the same "model" portfolio?
PMS clients do not follow a single model portfolio; portfolios vary based on the time of entry and market conditions.
We follow a buy/hold/sell-range system, where each investment has a defined price range for buying, holding, or selling.
No. We do not follow a single model portfolio in the PMS India. PMS investment clients have portfolios based on their time of entry. A portfolio management scheme suitable in 2017 would not be suitable in 2020, even though multiple core holdings might remain the same. We follow the buy/hold/sell-range system. That is, each idea or holding of the PMS funds has a price range within which we would buy, hold or sell it at any given point in time.
