I have been investing money in Stock market for the last 6 years and it has given me a good return and I was able to grow my asset value to a great extend.
Then one fine day I got a call from PMS advisor from Kotak Securities. He told me that since I was not able to concentrate my 100% to my assets, I was loosing opportunity to to increase it. I was told that they had experts sitting at mumbai whose duty it was to study the market and take care of my assets.
Well I was a fool to take that bait. I liquidated my asset and gave around 7 Lakhs Rupees to them, and no need to guess what the experts, whose duty it was to save guard my assets, did? They brought down the value to below 3 lakhs. And till date.
I had seen three advisors move out of the company. Well my advice to anyone, specially to those who are thinking to invest in Kotak securities PMS. Keep away. Any idiot can make money when the markets are doing good. But it takes good market experts to make money during the lean periods - and there are only idiots in Kotak Securities, who can make money only when the markets are doing good. And believe me you would be able to take more wise decision then the brilliant "so called experts" sitting at Kotak Securities.