ICICI Wealth vs Axis Burgundy or other for linked Demat and portfolio manager services

[shrirang]

I am looking for account linked with Demat and a dedicated RM to assist in portfolio management.

Can people please suggest their experience with ICICI Wealth or Axis Burgundy and the services with the account?

Primary intention is to have active fund manager who will guide based on market fluctuation.

ICICI RM says he will help and overall looks positive, also ensures Sapphiro LTF for family members under wealth account.

Not sure about Axis though.

 

[Vasuki]

I am looking for account linked with Demat and a dedicated RM to assist in portfolio management.

Can people please suggest their experience with ICICI Wealth or Axis Burgundy and the services with the account?

Primary intention is to have active fund manager who will guide based on market fluctuation.

ICICI RM says he will help and overall looks positive, also ensures Sapphiro LTF for family members under wealth account.

Not sure about Axis though.

Idk what's ur relastic expectations on return and how long u gonna hold .

Rm no matter how smart will let u invest in their own bank mutual funds SIP and Upcoming mutual fund..
Might sell u ULIPS too ..

Investment is something u should do with advice of someone who's expert..

Else just put money in nifty 50 indexes .

Indexes no matter top 50 , top 100 .. will give you
Relastic return of 12-18 % .
Depending on when u invested and when u gonna take out .

 

[Vasuki]

I am looking for account linked with Demat and a dedicated RM to assist in portfolio management.

Can people please suggest their experience with ICICI Wealth or Axis Burgundy and the services with the account?

Primary intention is to have active fund manager who will guide based on market fluctuation.

ICICI RM says he will help and overall looks positive, also ensures Sapphiro LTF for family members under wealth account.

Not sure about Axis though.

As far as Axis vs icici is concerned..

Axis Burgundy is good for lifestyle.
Icici wealth management is more like some what professional in investment banking .. if u live in metro and have icici wealth branch nearby .or branch with dedicated Wealth section.

 

[shrirang]

As far as Axis vs icici is concerned..

Axis Burgundy is good for lifestyle.
Icici wealth management is more like some what professional in investment banking .. if u live in metro and have icici wealth branch nearby .or branch with dedicated Wealth section.

I didn't know about dedicated wealth section, thanks, will check in nearby branch.

So I guess ICICI is better for professional services.

Any other bank account providing good demat and advisory services?

 

[Vasuki]

I didn't know about dedicated wealth section, thanks, will check in nearby branch.

So I guess ICICI is better for professional services.

Any other bank account providing good demat and advisory services?

If your axis Bank RM ( Burgundy only rm ) has CA or mBa or Experience in Investment banking/ market experience..

Whoever has more market experience

 

[techt]

Idk what's ur relastic expectations on return and how long u gonna hold .

Rm no matter how smart will let u invest in their own bank mutual funds SIP and Upcoming mutual fund..
Might sell u ULIPS too ..

Investment is something u should do with advice of someone who's expert..

Else just put money in nifty 50 indexes .

Indexes no matter top 50 , top 100 .. will give you
Relastic return of 12-18 % .
Depending on when u invested and when u gonna take out .

Exactly in our country too RMs are just ULIP sellers.

 

[Vasuki]

Exactly in our country too RMs are just ULIP sellers.

What other countries 😳

 

[techt]

What other countries 😳

your country Pak and our country India.

 

[Vasuki]

your country Pak and our country India.

HABIBI come meet me in jail 🫂 .
I miss you

 

[BlueFlash]

just put money in nifty 50 indexes .

The thing is people prefer complexity over simplicity. A good read for OP: https://www.valueresearchonline.com/stories/52650/complexity-over-simplicity

 

[shrirang]

The thing is people prefer complexity over simplicity. A good read for OP: https://www.valueresearchonline.com/stories/52650/complexity-over-simplicity

Thank you, that was a good read, I already am a simple investor.

I am seeking opinions since I don't want the complexity of re-selecting account again due to missing out on some features now that may/may not be used after few years, for example dedicated analyst recommendations.

 

[shrirang]

If your axis Bank RM ( Burgundy only rm ) has CA or mBa or Experience in Investment banking/ market experience..

Whoever has more market experience

Burgundy appears better as of now. Promising Magnus CC, there will be a dedicated analyst connecting as frequently as requested.

ICICI person is saying Sapphiro will be given based on offer generated in internet banking.

 

[Vasuki]

Burgundy appears better as of now. Promising Magnus CC, there will be a dedicated analyst connecting as frequently as requested.

ICICI person is saying Sapphiro will be given based on offer generated in internet banking.

Analyst 😳.. yes axis Burgundy is good lifestyle package 📦.
Just remember
ULIPS PLANs no matter how lucrative it sounds from agents. Its not a return giving scheme.
Never go for trading.
Invest in blue chip stocks along with mutual fund of indexes .

Higher return expectations always end up in losses ..
Investment start when u have 3-4 month expenses done in FD ../ liquid.

You are best judge of your intrest.

No one helps you without their intrest.everyone serving their own intrest

 

[shrirang]

Analyst 😳.. yes axis Burgundy is good lifestyle package 📦.
Just remember
ULIPS PLANs no matter how lucrative it sounds from agents. Its not a return giving scheme.
Never go for trading.
Invest in blue chip stocks along with mutual fund of indexes .

Higher return expectations always end up in losses ..
Investment start when u have 3-4 month expenses done in FD ../ liquid.

You are best judge of your intrest.

No one helps you without their intrest.everyone serving their own intrest

Yes, main target is MFs, but good to have other factors while taking decision on ICICI vs Axis.

I guess I will go with Axis.

Thanks!

 

[Vasuki]

Yes, main target is MFs, but good to have other factors while taking decision on ICICI vs Axis.

I guess I will go with Axis.

Thanks!

@Priya Karam . U can talk to her for M4B .. she's is banker

 

[techt]

Analyst 😳.. yes axis Burgundy is good lifestyle package 📦.
Just remember
ULIPS PLANs no matter how lucrative it sounds from agents. Its not a return giving scheme.
Never go for trading.
Invest in blue chip stocks along with mutual fund of indexes .

Higher return expectations always end up in losses ..
Investment start when u have 3-4 month expenses done in FD ../ liquid.

You are best judge of your intrest.

No one helps you without their intrest.everyone serving their own intrest

Despite your wise financial acumen, you let your country sink in a financial mess 😞

 

[Vasuki]

Despite your wise financial acumen, you let your country sink in a financial mess 😞

You know my play boy nature.. 😂😂