Stock gurus now seek out retail investors through Smallcase2 min read . Updated: 18 Aug 2021, 06:15 AM IST
Advisory portfolios on Smallcase are typically launched under a Sebi-registered investment adviser (RIA) licence which allows advisers to charge fees up to 2.5% of the assets
Former mutual fund managers and stock gurus on Dalal Street are increasingly offering their advisory services on fintech platforms such as Smallcase. Previously, such individuals were restricted to portfolio management services (PMS) and alternative investment funds (AIFs)—products that are confined to wealthy investors.
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