Country's leading PMS provider ASK Investment Managers has relaunched Systematic Investment Plan (SIP).

SIP facility can be availed by only existing active clients who have invested under PMS of ASK. Portfolio value as on date of signature of SIP addendum should be greater than minimum threshold defined by SEBI. The SIP facility is available only for clients mapped under “POOL” account.

The Portfolio Manager would invest the funds after every SIP date subject to realization of funds and as per the discretion of the Portfolio Manager. The minimum amount of SIP investment is Rs 1 lakh and in multiples of lakhs i.e. Rs 2 lakh / Rs 3 lakh etc.The frequency of SIP will be either Monthly or Quarterly, while minimum frequency of investment is: Monthly (6) and Quarterly (3).

ASK Investment Managers invest exclusively in listed Indian equities for clientele who are India domiciled, as well as offshore, through segregated accounts and commingled funds. In March 2020, ASK pipped Motilal Oswal and Enam in the PMS assets race.