Change Inflection - PMS fund logo

Change Inflection

PMS

Strategy
Who Should Invest
Reasons to Invest in this PMS
Investment Approach
Fund Information
Fee Structure
FAQs

Strategy

Concentrated, research-intensive direct stock ownership in under-discovered companies undergoing company-specific change, with cash deployed near inflections and position size earned with evidence.

Who Should Invest

This PMS is designed for investors with:

Risk profile

Aggressive

Investment horizon

18-24 months

Financial goal

Research-led, concentrated stock exposure through staged deployment

Reasons to Invest in this PMS

#1

Backing change early

Targets companies where strategy, management, product or industry-cycle change is under way before the market prices it, backed by company meetings, site visits and channel checks.

#2

Position size earned with evidence

Weights are built in stages as evidence strengthens and trimmed on upside IRR and risks, rather than fixed at entry.

#3

Bespoke, direct ownership

A 7-12 stock portfolio held directly with client-specific deployment and sizing. No management fee on undeployed cash.

#4

East Bridge research pedigree

Led by former East Bridge investment professionals, including its former Director of Research (CIO) and a former Principal (PMS fund manager).

Investment Approach

Invests behind company-specific change (strategic pivot, leadership change, product change, regulatory shift, industry cycle, corporate action) ahead of the broader re-rating

7-12 high-conviction stocks (minimum 5) held directly in the client's own account

Position size is earned with evidence: add as evidence strengthens, scale or trim based on upside IRR and risks

Cash deployed in stages near inflections; no management fee on undeployed cash

Same Vaikarya research as the AIF, with bespoke deployment and sizing

Fund Information

Total Holdings

7 - 12

Fund Managers

Avnish Burman

15+ Years experience

Avnish Tiwari

23+ Years experience

Fee Structure

Fixed Fee
Variable Fee
Rs 5 cr to below Rs 10 cr: 1.0%
Rs 10 cr and above: 0.5%
No management fee on undeployed cash

Exit Load

2% up to 12 months; 1% for 12-24 months; Nil thereafter if exited before 24 Months

Frequently Asked Questions (FAQs)

What is the Accredited Investor (AI) framework in India?

The Accredited Investor framework by SEBI allows qualified HNI investors to get accredited and access PMS and AIF investments at lower ticket sizes — as low as ₹1 lakh for SIFs, instead of the usual ₹50 lakh (PMS) or ₹1 crore (AIF) minimums.

Who qualifies as an Accredited Investor in India?

SEBI defines accredited investors as individuals with annual income above ₹2 crore, or net worth above ₹7.5 crore (with at least ₹3.75 crore in financial assets), or a combination of income above ₹1 crore and net worth above ₹5 crore.

What are the benefits of becoming an Accredited Investor?

Accredited investors can invest in PMS and AIF at significantly lower minimum amounts, access exclusive investment opportunities including Specialized Investment Funds (SIFs), enjoy flexible fee structures, and get customized portfolio strategies tailored to their needs.

How can I become an Accredited Investor through Ionic Wealth?

Ionic Wealth, as a SEBI-registered entity, can facilitate your accreditation process. You need to submit financial documents proving you meet the eligibility criteria, after which a SEBI-recognized market infrastructure institution will issue your accreditation certificate valid for 3 years.