2 min read.Updated: 15 Jun 2022, 01:54 AM ISTNeil Borate
It will not charge management or performance fees until the firm generates a CAGR of more than 15% over 3-4 years.
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Wealth management start-up Dezerv has launched a portfolio management service (PMS) to clean up legacy portfolios which have ad-hoc investments. Founded by former IIFL executives Sandeep Jethwani, Vaibhav Porwal and Sahil Contractor, the one-year-old startup has already amassed assets of around ₹600 crore. It currently has a mutual fund distribution business.