Views on Life & on Equity Investing

Wonder, Wealth & Abundance

A quick update regarding investing vehicle

with 7 comments

I have consulted CAs and there are several options available. I want to obviously avoid SEBI’s Portfolio Management Services as it involves 11 Lacs initial fee and 5 lacs every couple of years. These models are suitable for those fund managers who want to reach 100s of people, and minimum investment required by each portfolio client is 5 Lacs plus as per SEBI regulation.

I have also explored the option of registering as an FII, that also involves several thousand dollars fee every few years.

I have been advised by my CAs that the best vehicle would be a Private Limited entity, although there is more legal work, annual expenses relative to a Partnership Firm but it offers most flexibility. No matter what the legal or corporate identity, I’d run it as partnership.

If anyone of you would like to speak with me, have any queries, I am will to hear from one and all via a feedback from. I would be glad to make partner with anyone as long as our expectations match so I can aim to meet them.

Written by amitdipsite

December 17, 2010 at 4:19 am

Posted in Uncategorized

7 Responses

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  1. Amit is a great stock picker.I've seen him pick fast growers out of thin air in the small and micro-cap space which have resulted in above average returns.What i appreciate most is his scuttle-butt skills.Once he likes a company he'll go after websites,forums,discussion boards,people,their linkedin profiles and what not.Great beginning Amit.Good luck in this new endeavour.


    December 17, 2010 at 10:06 am

  2. @kudva,

    Thanks for your compliments, its overwhelming.

    It was fortunate that I had the luxury of spare time, and medium of internet. It would not have been possible if it were 1995. I do want to be more hands on hopefully sometime in future,
    ahead of the trend and want to know more about certain industries than even the
    companies themselves, espouse detective way before public realises the trend, early sensors from market place.

    Your picks and bloodhound techniques have not done any less over the past years, Hawkins , Venkys, Page, especially your remarks on TED for loosening up wallet for superior goods, they relive Lynch and etch his words deeper in me. When a high quality 50$ stock falls to 3$ i.e. 94% or a poor quality 3$ stock falls to 50 cents. i.e. 83%, what the hell is the consolation in buying a cheap stock.

    I am sure you would do great and we'll buy many fine and common companies in years ahead.


    December 18, 2010 at 5:49 am

  3. Hi Amit,

    Congrats for your new endeavor.
    Keep up your good work in finding real hidden gems like Photoquip.
    The best thing about you is that, whenever a query is posted to you by me or anybody, you have really taken and deep dig at it and helped people in getting their decisions right.
    Thanks for all the help you provide and wish you a Happy and Prosperous New Year.

    Vikas Karunakaran


    December 18, 2010 at 4:30 pm

  4. Thank you Vikas,

    I hope your stocks too make rockets..

    Happy New to you as well.



    December 19, 2010 at 1:53 am

  5. I have known him for 30 years (being his brother, so my opinion could be slightly biased) and apart from having the smarts and temprament to make it big in the market, I know for a fact that he is very frank, speaks his mind and very very honest and truthful. All good qualities to have in someone you will entrust your money with.


    December 19, 2010 at 5:38 pm

  6. I agree with Vikas completely, not only Amit shared few nice businesses to us, he helps us to reach to decision whenever I posted any query.

    Wish you Marry Xmas and a great time ahead with your new endeavor, Amit.


    Rahul Kumar Paliwal

    December 24, 2010 at 3:23 pm

  7. Many thanks and likewise wish you all pleasant holidays.


    December 24, 2010 at 8:15 pm

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