Investing in Portfolio Management Services can be a daunting task, especially for beginners. With so many investment options available, it can be difficult to decide where to invest your money. An expert in this matter can help you out through their performance analysis.
However, the key to successful investing is to have a plan in place. This is where goal-based investing comes into play. If you want to invest in alternate investments, you can start by looking into the top performs in the PMS category for the month of April 2023.
What is goal-based investing?
Goal-based investing is an investment strategy that focuses on achieving specific financial goals. These goals could be short-term, such as saving for a down payment on a house or a vacation.
You may choose to invest for a long-term plan. These generally involve retirement planning or funding a child’s education.
The idea behind goal-based investing is to match your investments to your financial objectives, rather than simply trying to beat the market.
Benefits of goal-based investing:
- Clarity of purpose: Goal-based investing provides a clear sense of purpose to your investment strategy. It helps you define your financial objectives and the timeline to achieve them.
This clarity of purpose makes it easier to make investment decisions that align with your goals.
- Customization: Every investor has unique financial goals, risk tolerance, and investment horizon. Goal-based investing allows you to customize your investment strategy to your specific needs. You can select investments that align with your risk profile and time horizon.
- Better risk management: Goal-based investing focuses on achieving specific financial goals, rather than chasing market returns. This helps you manage investment risk by selecting investments that match your risk tolerance and time horizon. It also lowers the enticement to make emotion-drawn capital investment decisions based on short-term market fluctuations.
If you are investing in a PMS fund, then you may need to do the regular PMS comparison for a more in-depth understanding of your invested funds.
- Accountability: Goal-based investing helps you stay accountable to your financial goals. By monitoring your progress towards your financial objectives.
You can make adjustments to your investment strategy as needed. This ensures that you stay on track to achieve your financial goals.
Top-performing Portfolio Management Services in April:
Let’s see the top PMS funds based on the last three years of performance.
The Top 3 Best Performing Large Cap PMS in April’23
| AMC & Fund Names | Inception Date | Strategy Performance |
| ICICI Prudential-ICICI Prudential PMS Large Cap Strategy | Mar-09 | 32.40% |
| ACE 15 | Dec-17 | 26.64% |
| Right Horizons-India Business Leader | Nov-12 | 25.88% |
The Top 3 Best Performing Mid-Cap PMS in April’23
| AMC & Fund Names | Inception Date | Strategy Performance |
| NAFA – Emerging Bluechip Portfolio | Mar-16 | 41.64% |
| Right Horizons -Super-Value Fund | Nov-12 | 38.78% |
| PGIM India Phoenix Strategy | Aug-16 | 35.08% |
The Top 3 Best Performing Small Cap PMS in April’23
| AMC & Fund Names | Inception Date | Strategy Performance |
| Aequitas Investment – India Opportunities Product | Feb-13 | 62.25% |
| Green Lantern Capital Growth Fund | Dec-17 | 55.45% |
| Nine Rivers – Aurum Small Cap Opportunities | Dec-12 | 54.80% |
The Top 3 Best Performing Multi Cap PMS in April’23
| AMC & Fund Names | Inception Date | Strategy Performance |
| Negen Capital – Special Situations & Technology Fund | Oct-17 | 57.21% |
| Bonanza Portfolio Limited – Bonanza Edge | Aug-15 | 49.36% |
| Value Quest—Platinum | Jul-14 | 44.8% |
How to implement goal-based investing through PMS?
Define your financial goals: The first step in goal-based investing is to define your financial goals. These could be short-term, such as saving for a down payment on a house, or long-term, such as retirement planning.
Once you have defined your goals, you can determine the investment horizon and risk profile for each goal. A financial expert at AIF & PMS Experts India Pvt. Ltd. can help you in this regard.
Asset allocation: Once you have defined your financial goals, the next step is to select investments that align with your risk profile and time horizon. This involves asset allocation.
It is the process of dividing your investments among different asset classes, such as stocks, bonds, and cash.
Regular monitoring: Goal-based investing requires regular monitoring of your progress towards your financial goals. This helps you make adjustments to your investment strategy as needed.
It is important to review your investments regularly and rebalance your portfolio to maintain the desired asset allocation.
End note:
Goal-based investing is a powerful investment strategy that can help you achieve your financial goals. Portfolio Management Services can definitely help in this regard.
By focusing on specific financial objectives, goal-based investing provides clarity of purpose, customization, better risk management, and accountability. With goal-based investing, you can take control of your financial future and achieve your long-term financial goals.
You should select an investment fund that align with your risk profile and time horizon. Therefore, you may like to consult the investment experts at AIF & PMS Experts India Pvt. Ltd. You may call us at 8368586435 or mail through [email protected].