Your portfolio, the forms to open one, and the questions investors ask first.
Your KRIIS portfolio is hosted on the Axis WealthSpectrum investor portal. Sign in with the credentials issued when your account was activated.
Open the investor portalWhat you will find there
What happens between your first conversation with us and your account going live.
For Indian residents
Our client relationship officer connects with you to explain the process and provide the documents to be filled and submitted.
Once the signed documents are submitted, we acknowledge receipt and initiate the account-opening process.
If all physical documents are in order, your demat account is opened within 3–4 working days.
You transfer funds and/or securities of a minimum of ₹50 lakh to the pool account below, or transfer existing listed and liquid securities from a demat account already in your own name (we will share a Client Master List for your broker, and need the date and cost of acquisition for our records).
Once funds or securities are received, we confirm the same to your registered email address. Your account is now activated, and signed copies of all documents are delivered to your registered address.
For Non-Resident Indians
Our client relationship officer connects with you to explain the process and provide the requisite documents.
You will need an NRE/NRO account with HDFC Bank. Existing HDFC customers receive an NRE & NRO extension form; where Re-KYC is due, self-attested or notarised KYC documents are required.
Your demat account is opened with Nuvama Wealth and Investment Limited. If all documents are in order, the bank and demat account are opened within 7–10 working days.
Transfer funds and/or securities of a minimum of ₹50 lakh. Bank details are shared once your account is open. For a securities transfer from your own existing demat account, we require the original NOC/letter from your previous bank, your latest holding statement, and your latest demat holding statement, all with stamp and signature.
Once funds or securities are received, we confirm the same to your registered email address, and your account is now activated.
KYC details you’ll be asked for, per applicant
No management fee, performance linked only.
Unlike most competitors, we do not charge a management fee. Instead, we charge a performance fee of 12.5%, shared only on profit above the high water mark.
The profit share applies only to new profit. If the portfolio falls, we earn nothing on the recovery until it has passed the highest value on which a share was last taken, so you never pay twice for the same gain. Brokerage, custody, statutory charges and GST apply in addition and are set out in full in the Disclosure Document.
The promoters invest their own capital through the identical portfolio, at the same time, on the same terms as our clients.
When you have a question about a holding, you speak to the person who decided to buy it.
A Portfolio Management Services account is a customised investment account managed by professional fund managers, backed by a research team, on behalf of the client to generate optimum returns on their investments. A PMS account is regulated by SEBI (Portfolio Managers) Regulations, 2020, as amended from time to time, and includes discretionary, non-discretionary and/or advisory services. Under discretionary service, the decision to buy and sell securities, and the execution of trades, lies wholly with the portfolio manager. Under non-discretionary service, the decision lies wholly with the investor, and the fund manager only suggests investment ideas and executes trades according to the investor’s final decision. Under advisory service, the fund manager advises the investor, but the decision and execution lie wholly with the investor.
According to SEBI regulations, the minimum investment amount under Portfolio Management Service is ₹50 lakh. This amount is to be maintained since the beginning of the investment.
Resident Indians, Non-Resident Indians, individuals, and non-individuals such as HUFs, partnership firms, sole proprietorships or any other corporate body can invest in Indian equities, provided the investor submits all the physical documents and details required to open a portfolio account. Necessary guidance and assistance is provided to the client in this regard.
A separate bank account is not opened in the client’s name; instead, we operate a pooled bank account with IndusInd Bank in the company’s name, into and from which client funds are deposited and withdrawn. A demat account is opened with Nuvama Wealth and Investment Limited for all resident clients.
An Indian resident can have a joint account holder for their PMS account, and up to three nominees for their demat account.
Clients can transfer listed and liquid securities into their demat account with KRIIS from a demat account already in the client’s own name. The client informs us at info@kriis.in of the transfer, along with the date and cost of acquisition of those securities. The fund manager takes the final call on which stocks are to be transferred; we then provide the client with a Client Master List to be forwarded to the broker to initiate the transfer. Once the securities reflect in the client’s demat account, confirmation is sent to the client’s registered email address.
Yes, by cheque or wire transfer. Inform us at info@kriis.in or by phone at +91 8591086965. Bank details: IndusInd Bank Ltd, Fort Branch; Account Name: Kriis Portfolio Private Limited; Account Type: Current Account/Pool Account; Account Number: 250556044873; IFSC: INDB0000033; MICR: 400234009.
Portfolio holders at KRIIS who have maintained a fund of ₹50 lakh can opt for further investment through SIP, with a minimum SIP amount of ₹1 lakh. Email info@kriis.in or call +91 8591086965 to begin; our client relationship team will elaborate the process and send a reminder 4–5 days before each SIP due date.
Opening a PMS account involves physical submission of the necessary documents, subject to verification by us and by Nuvama. If all documents are in order, the demat account is opened within 3–4 working days. Once activated, signed copies of all documents are delivered to the client’s registered address.
Yes. Demat account opening confirmation, monthly and annual statements, fund/securities transfer information, tax reports and fee payment reports are all provided to the client’s registered email address.
Yes, by intimating us at info@kriis.in or by phone at +91 8591086965, provided the balance in the portfolio is maintained at or above ₹50 lakh. Once the redemption request form and supporting documents are received, funds are transferred within 10 days.
A specific tax chart for Indian residents is provided by our team on request. Contact us for the current treatment applicable to your holding period and gains.
By giving prior written notice at info@kriis.in. Our client relationship team will explain the closure process, including the transfer of funds and securities and payment of performance fees. You may choose to receive either the securities or their equivalent cash value; if cash, we endeavour to sell the securities and pay the net proceeds within 10 days of the closure request.
There are no exit load charges on closing a PMS account.
According to SEBI regulations, the minimum investment amount under Portfolio Management Service is ₹50 lakh, to be maintained since the beginning of the investment.
Iran, North Korea, Syria, Cuba and Sudan are currently restricted/not permitted for PMS investment.
Every NRI needs a PAN card and a bank account for investment-related transactions. An NRO (Non-Resident Ordinary) account holds funds from both India and abroad; an NRE (Non-Resident External) account holds only foreign funds. NRO funds are repatriable up to $1 million a year (with 15CA/15CB certificates); NRE funds are fully repatriable. Both require a PIS (Portfolio Investment Scheme) account with RBI permission.
Client NRE/NRO bank accounts are opened with HDFC Bank only, managed by a custodian. Existing HDFC customers are provided an extension form; where Re-KYC is due, self-attested or notarised KYC documents are required.
With HDFC custodial service, third-party risk is eliminated: the bank pays the stock exchange directly, and the exchange credits securities directly to the client’s demat account, and vice versa on selling, excluding the need for a broker account to transfer funds.
Client demat accounts are opened with Nuvama Wealth and Investment Limited, requiring self-attested KYC documents in original.
Subject to verification by us, the bank and Nuvama, the bank and demat account are opened within 7–10 working days once all documents are in order. Once activated, signed copies of all documents are delivered to the client’s registered address.
Any NRI or Indian citizen can be the joint account holder or nominee on the client’s account.
Funds can move between NRO accounts, but not from NRO to NRE; NRE funds, being freely repatriable, can move to either an NRO or NRE account. Transfers by cheque or wire are informed to us at info@kriis.in, with confirmation sent once received.
Yes, from a demat account already in the client’s own name, along with an original NOC/letter from the previous bank, the latest holding statement, and the latest demat holding statement, all with stamp and signature, sent to info@kriis.in.
Yes. Bank and demat account opening confirmation, monthly and annual statements, fund/securities transfer information, tax reports, fee payment reports, and any Re-KYC or account-related notices, all sent to the client’s registered email address.
Yes, by intimating us at info@kriis.in or by phone at +91 8591086965, provided the balance in the portfolio is maintained at or above ₹50 lakh, with funds transferred within 10 days of the redemption request.
A specific tax chart for Non-Resident Indians is provided by our team on request.
By giving prior written notice at info@kriis.in, choosing to receive either securities or their equivalent cash value, with cash proceeds paid within 10 days of the closure request wherever possible.
There are no exit load charges on closing a PMS account.
Filed and maintained as required of a SEBI-registered portfolio manager.
Any complaint or grievance can be raised directly with us at info@kriis.in. Monthly complaint data, as filed with SEBI, is published above. Unresolved grievances can be escalated through SEBI SCORES or the relevant stock exchange’s investor grievance mechanism, as set out in our Disclosure Document.
