What is GoSsip ?
Power of Super-rich investors, now for Retail Investors
Build your dream portfolio through smaller monthly investment
Power of Focus:
Concentrated portfolio of leading companies(Holding Limited number of companies)
Long-Term wealth creation:
Your retirement solution through monthly Stock SIP
Superior track-record:
Companies with growth in Sales, Profitability and Free Cash Flow
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What is GoSsip?
Primarily, Gossip is a ‘Stock SIP’. It is an advisory based product that intends to invest in around 10 stocks. MH is a SEBI registered Investor Advisor (IA) and is authorized to offer Advisory Services
How to enroll for GoSsip?
To enroll in Gossip, you have to open IA KYC with us. You can also choose to open Demat/Trading KYC with us.
What’s the Investment Objective of this product?
Objective of this product is long term wealth creation.
For whom this product is suitable?
It is for an investor who is conservative or new in the stock market.
What is minimum investment amount for this product?
It is for an investor who is conservative or new in the stock market.
- Minimum monthly investment of Rs. 10,000 in Gossip-10.
- Investment periodMinimum monthly investment of Rs. 25,000 in Gossip-25.
What is a fees structure /how it will be charged?
Fees structure is 2.5% of AUM per annum.
It will be charged on a quarterly basis.
How do I transfer the funds on a monthly basis?
Funds will be collected through ECS from your bank account on fixed date of every month.
How trades will be executed?
Trades will be executed in your account through exchanged approved Algo system.
For that, Algo agreement will be executed.
What, if a client wants to add more funds in an existing portfolio?
Yes, client can add more funds any time.
Is there any lock in period in this product?
There is NO lock in period.
What would be the Tax liability in this product?
Depending on the individual scrip holding period, the Short term /Long term Capital Gain tax liability will arise.
Is there any guaranteed /fix return?
There is NO guaranteed or fixed return, the return is subject to market movement.
What is the ideal time horizon to remain in this product?
10 years