Wrap Account

Introducing the DeAM PMS Wrap Portfolio Account

iFAST introduces the DeAM PMS Wrap Portfolio^ account, a joint offering in association with Deutsche Asset Management, India. This is an exclusive investment opportunity, available only to clients of advisers on the iFAST platform.

The first product of its kind to be offered to clients of IFAs, the DeAM PMS Wrap Portfolio is a non-discretionary portfolio management services account that lets the adviser propose investment options that suit the client’s needs. At the same time, it allows clients to “wrap” all their mutual fund transactions and holdings into one account, giving them substantial advantages.

  • The clients fill in forms only once and sign only one cheque at the time of opening the account.
  • Through the account, clients have access to all the best schemes of multiple AMCs.
  • Purchase of any of these schemes can be completed online, without the need to process additional payments.
  • Seamless Switching between all funds.
  • The client and adviser continue to have full control over the investment decisions – transactions are proposed by the adviser and have to be approved by the client.

This account is also bundled with the other advantages of being on the iFAST platform (consolidation, online transactions, regular and in-depth reporting), making this a compelling proposition for wealth creation goals.

^ Please read the Terms and Conditions of the DeAM PMS Wrap Portfolio
* In case of redemption or switch, the client shall be charged with the exit load or sales charge, as given in the offer document / scheme information document / statement of additional information / key information memorandum/ addendums issued by the respective Asset Management Company. Please read these documents carefully.

Disclaimer: Mutual Funds investments are subject to market risks. Please read the offer document/statement of additional information & scheme information document of respective scheme before investing.