India's PMS industry reached ₹38.65 lakh crore in assets under management as of May 2025 (APMI data), with 479 registered portfolio managers as of June 2025 (SEBI). Surat ranks 10th among Indian cities with 5,700 millionaire families, while Gujarat positions among the top 5 states for millionaire concentration (Hurun Report 2025).

Are you a Surat-based textile merchant or diamond trader with ₹1-5 crore in equity investments seeking professional management? 

Do you wonder which PMS providers in Surat actually deliver value versus those collecting fees without performance? 

Have you crossed the ₹50 lakh threshold where SEBI-registered Portfolio Management Services become accessible but lack clarity on evaluation criteria?

Key Takeaways: Essential Facts About PMS in Surat

1. SEBI mandates ₹50 lakh minimum investment for PMS nationwide (January 2020) 

2. Seven major PMS options exist for Surat investors - local firms, national providers, and distributor-accessed services

3. Only 3-4 providers maintain genuine Surat office presence versus remote Mumbai management

4. Fee structures range from 0.25%-2.50% fixed plus 10-25% performance charges above hurdles

5. PMS differs from mutual funds in taxation timing, portfolio customization, and ownership structure

6. Evaluation requires verification of SEBI registration, track record transparency, and local accessibility

7. Financial advisors recommend PMS when total equity exposure reaches ₹2.5-5 crore

Top 7 Portfolio Management Service Providers Available to Surat Investors

1. Ckredence Wealth Management - Gujarat's Established SEBI-Registered PMS

SEBI Registration: INP000007164 | AUM: ₹805.85 Cr | Active Clients: 376 | Establishment: 1987

Ckredence operates from Surat with 37-year track record managing portfolios since 1987. The firm offers four distinct investment strategies: All Weather (stability-focused defensive positioning), Diversified (balanced multi-sector growth), Business Cycle (tactical sector rotation), and ICE Growth (aggressive wealth creation opportunities).

Key Strengths: Local Surat office for in-person meetings, four customizable investment approaches, transparent fee structure with performance linkage, real-time portfolio tracking technology, understanding of Gujarat business cycles.

Best For: Surat business owners, textile-diamond merchants, family offices seeking local accessibility with institutional capabilities.

Fee Structure: Fixed management fees 0.25%-2.50% annually, performance fees only above benchmark returns with agreed hurdle rates.

2. Turtle Wealth Management - Quantitative Data-Driven PMS

SEBI Registration: INP000006758 | Location: Surat-based | Minimum Investment: ₹50 Lakhs

Turtle Wealth offers three PMS products: Wealth Mantra PMS (23.47% 2-year CAGR), Growth Mantra PMS (20.48%), and Profit Mantra PMS (23.53%, minimum ₹5 Cr). Founded by CEO & Portfolio Manager Rohan Mehta, the firm employs 100% quantitative, data-driven investment processes focusing on turnaround businesses.

Key Strengths: Advanced quantitative methodology, ESG-compliant human-friendly business focus, quarterly reviews and masterclasses, transparent about downside risks.

Best For: Investors comfortable with 2100-day+ investment horizons accepting 20%+ volatility for data-driven strategies.

3. Concept Investwell Private Limited - AI-Integrated PMS

SEBI Registration: INP000006323 | Location: 10/A Union Heights, Dumas Road, Surat | Establishment: 1995 (30-year track record)

Concept Investwell offers three PMS plans: Legend (large-cap equity), Marvel (mid-cap equity), and AI Dynamic (combination of human and artificial intelligence). Led by promoters Hemant Desai and Varsha Desai with Fund Manager Siddharth Mandalaywala (13+ years experience).

Key Strengths: Three decades operational history in Surat, AI-integrated fund management, process-driven bottom-up stock selection, local office accessibility.

Best For: Investors seeking blend of traditional analysis with AI-driven insights, preference for mid-cap exposure.

4. Sun Investment - Multi-Service Wealth Platform

Location: Surat-based | Services: Mutual Funds, PMS & AIF, Insurance

Sun Investment provides comprehensive wealth management including PMS access alongside mutual funds and insurance products. Verify SEBI PMS registration status and actual portfolio management structure versus distributor arrangements.

Verification Needed: Confirm direct PMS registration versus third-party distribution, understand fee structures and actual portfolio management capabilities.

Best For: Investors seeking one-stop shop for multiple investment products with local servicing.

5. Purnartha Investment Advisers Pvt. Ltd. - Holistic Wealth Management

Location: Services Surat clients

Purnartha provides investment advisory and wealth management services. Verify whether they offer SEBI-registered PMS or advisory services which differ structurally.

Verification Needed: Confirm SEBI PMS registration number (INP), understand service model - direct portfolio management versus advisory.

6. R Wadiwala Securities Private Limited - Local Broker with PMS

Location: Established Surat-based financial services firm | Website: rwsec.com

R Wadiwala Securities offers portfolio management and investment advisory services to Surat investors with a long local presence.

Verification Needed: Confirm SEBI PMS registration status (INP number) versus brokerage and advisory services, clarify actual portfolio management versus execution services.

Best For: Investors valuing long-term local relationships with established brokerage firms.

7. NJ PMS (NJ Asset Management) - Surat-Origin National Provider

Location: Surat-based origin, national operations

NJ PMS originates from Surat with expanded national presence. Offers rule-based investing frameworks across equity portfolios.

Verification Needed: Confirm current Surat office operations, SEBI registration details, track record across market cycles.

Best For: Investors comfortable with systematic, rule-based approaches originating from Gujarat understanding local business dynamics.

5 Critical Factors to Evaluate When Choosing PMS Providers in Surat

1. Verify SEBI Registration Independently

SEBI regulations require portfolio managers to maintain ₹5 crore minimum net worth (increased from ₹2 crore in 2020). Visit SEBI's official website to verify INP registration numbers. Don't rely solely on certificates shown in offices.

2. Assess Track Record Across Market Cycles

Request performance data spanning 5-7 years including 2020 COVID crash and 2022 bear market. Evaluate risk-adjusted returns (Sharpe ratio) rather than absolute returns alone.

3. Understand Complete Fee Transparency

PMS fees include fixed management (0.25%-2.50% annually), performance fees (10-25% above hurdle rates), custodian charges, and transaction costs. Calculate total expense ratio including all charges.

4. Evaluate Local Accessibility

Does the provider have a physical Surat office? Can you meet portfolio managers in person? Do they understand Gujarat's business seasonality?

5. Review Portfolio Philosophy Alignment

Ask about core investment philosophy, typical stock holdings (15-30 stocks for PMS), risk management approaches, and downside protection strategies during corrections.

Learn more about how to choose the best portfolio management service with our detailed evaluation framework.

Why Should You Choose Ckredence for Portfolio Management Services in Surat?

Ckredence Wealth Management combines 37-year investment experience with local Surat accessibility and institutional infrastructure. Our SEBI registration (INP000007164) ensures regulatory compliance, while ₹805.85 Cr AUM across 376 clients demonstrates sustained trust.

What Sets Us Apart:

• Local Presence: Surat office provides face-to-face quarterly reviews, immediate market volatility support, understanding of textile-diamond business cycles

• Four Investment Strategies: All Weather, Diversified, Business Cycle, and ICE Growth allow true customization matching your risk tolerance

• Complete Fee Transparency: Fixed fees 0.25%-2.50%, performance charges only above benchmarks, zero hidden costs

• Gujarat Business Understanding: 37 years serving Gujarat's entrepreneurial families, understanding Diwali cash flow cycles, succession planning needs

• Technology Integration: Real-time portfolio tracking, comprehensive reports, WhatsApp-enabled communication

Ready to discuss your portfolio management needs? Schedule a consultation with our Surat team or book a demo to see our platform.

Conclusion: Making Informed PMS Decisions in Surat

Selecting portfolio management services requires systematic evaluation of SEBI registration, track records, fee transparency, and local accessibility. With 479 registered portfolio managers as of June 2025, Surat investors have multiple options ranging from local SEBI-registered firms to national providers accessed remotely.

For business families and HNIs in Surat's textile-diamond sectors, Ckredence offers the unique combination of 37-year legacy, local office presence, and four customizable investment approaches. Our SEBI registration ensures regulatory compliance while ₹805.85 Cr AUM demonstrates market credibility.

Frequently Asked Questions About Portfolio Management Services in Surat

What is the minimum investment required for PMS in Surat?

SEBI mandates ₹50 lakh minimum investment for PMS across India (effective January 2020). Financial advisors recommend considering PMS only when total equity portfolio reaches ₹2.5-5 crore.

Which are the best PMS providers available in Surat?

Surat investors can access Ckredence (INP000007164, 37-year legacy), Turtle Wealth (INP000006758, quantitative approach), Concept Investwell (INP000006323, AI-integrated), and national providers with local presence. Evaluate based on SEBI registration and local accessibility.

How is PMS different from mutual funds for Surat investors?

PMS differs in minimum investment (₹50 lakh vs ₹500), taxation (immediate capital gains vs deferred), and customization (personalized vs standardized portfolios). PMS suits HNIs with ₹2.5+ crore equity portfolios.

Is Ckredence SEBI-registered for PMS in Surat?

Yes, Ckredence holds SEBI registration INP000007164 as licensed Portfolio Manager, verifiable on SEBI's official website. Our 37-year history and ₹805.85 Cr AUM demonstrate sustained regulatory compliance and market credibility.