Parag Parikh
Global PMS
International Investing Without Borders
Diversification is the only free lunch in investing. Access direct ownership of dollar-denominated global leaders. Designed exclusively for Resident Indians via LRS.
Strategic Advantage
The 5% Reality
India represents only <5% of Global Market Cap. Don't miss the other 95%.
Transformative Themes
Access AI, Genomics, & Semiconductors not available domestically.
Currency Hedge
Protect your global purchasing power against INR depreciation.
Beyond Home Bias
Limiting your investments to India means ignoring the vast majority of the world's economic engine. The US alone dominates nearly half of the global equity market.
- USA (49%): Home to global innovation leaders.
- China + HK (17%): Manufacturing & Tech giants.
- Europe (14%): Luxury & Industrial legacy.
- India (4%): High growth, but small base.
Outside India
Why Choose PMS?
Unlike mutual funds where you hold units, a PMS offers direct ownership of stocks in your own Demat account. It is a sophisticated vehicle for focused wealth creation.
Direct Ownership
Hold Apple, Microsoft, and Nestle Global directly in your name.
Transparency
View every transaction and holding in real-time.
"Tailored for sophisticated investors seeking a high-conviction global equity portfolio."
The 5 Pillars
Our disciplined stock selection framework
Friendly Mgmt
Respect for shareholders.
Business Focus
Buying businesses.
Cash Flow
High generation.
Margin of Safety
Don't overpay.
Economic Moat
Competitive edge.
The USD Advantage
Currency depreciation eats into your global purchasing power. Investing in USD assets acts as a natural hedge. Over the last 20 years, INR has depreciated ~3% annually against the USD.
USD/INR Trend (Illustrative)
Valuation Arbitrage
Why pay a premium for the subsidiary when the parent is available at a discount?
P/E Ratio Comparison (Subsidiary vs Parent)
| Company | India P/E | Global P/E | Arbitrage |
|---|---|---|---|
| Nestle | 70x | 18x | High |
| Unilever | 52x | 20x | High |
| Siemens | 48x | 17x | Med |
| Abbott | 48x | 17x | Med |
Timeless Legacies
Value is captured by global brands that dominate their markets. We invest in legacies that endure.
Risk Reduction
Investment Process
A disciplined four-step approach to stock selection
Finding
Screening for high-quality businesses and creating a robust investment universe.
Studying
Deep-dive sectoral study, competitor analysis, and management assessment.
Valuing
Estimating intrinsic value ranges and identifying a clear margin of safety.
Building
Opportunistic buying and selling while ensuring sectoral & geographical balance.
Strategy Facts
Key terms for Resident Individuals
Taxation Structure
Clear and transparent tax implications.
Capital Gains (LTCG)
12.5%
Holding Period > 24 Months
Dividend Income
25%
US Withholding Tax (Credit available in India)
Short Term Gains
Slab
Holding Period < 24 Months
The Leadership Team
Guided by experienced professionals
Neil Parag Parikh
Chairman & CEO
MBA from IESE Business School, Spain. Associated with the firm since 2004.
Rajeev Thakkar
Chief Investment Officer
CA, CFA, CFP. Over 15 years of experience in capital markets.
Nirmal Bari
Principal Officer
BE, PGDM. 11+ years experience in Equity Research.
Akshay Falgunia
Fund Manager
CA. 7+ years experience in equity research.
How to Invest
Simple steps to build your global portfolio
Open Account
Complete KYC with PPFAS IFSC and open your PMS account.
Broking Setup
Account setup with Interactive Brokers LLC (Custodian).
Remit Funds
Transfer funds via LRS to your GIFT City Bank Account.
Portfolio Live
Discretionary management begins. Track via portal.