ASK Investment Managers PMS (Portfolio Management Services) is one of India’s most established and respected discretionary equity portfolio management firms, primarily catering to High Net-Worth Individuals (HNIs), Ultra-HNIs, family offices, and institutional investors. Founded as part of the ASK Group, which began in 1983, ASK Investment Managers was among the earliest firms in India to secure a SEBI PMS license and has built a strong reputation for long-term wealth creation through disciplined, research-driven investing. The firm focuses exclusively on listed Indian equities, making it a specialized player in the domestic wealth management ecosystem.
ASK PMS is widely recognized for its philosophy of capital preservation combined with sustainable long-term growth. Rather than chasing short-term market momentum, the firm follows a quality-focused investment strategy that emphasizes strong governance, scalable business models, high promoter ownership, and robust financial fundamentals. One of its flagship offerings, the ASK Indian Entrepreneur Portfolio (IEP), is particularly known for investing in founder-led companies with significant “skin in the game,” aligning management interests with shareholder wealth creation. This disciplined approach has helped ASK build a reputation for consistency across market cycles.
As of early 2026, ASK Investment Managers manages over ₹18,500 crore in assets under management (AUM) and serves more than 14,500 clients, positioning it among the largest discretionary PMS providers in India. The company’s scale, combined with its deep research capabilities and experienced portfolio management team, makes it a preferred choice for investors seeking customized, actively managed equity portfolios. ASK also stands out for pioneering innovations such as setting up operations in GIFT City for overseas investors and launching digital onboarding for alternative investment products.
The firm offers multiple PMS strategies designed for varying investor objectives, including growth, entrepreneur-led businesses, and special opportunities portfolios. Investors benefit from direct ownership of securities in their own Demat accounts, greater transparency, and personalized portfolio management compared to traditional mutual funds. However, as with all PMS offerings, ASK PMS is best suited for investors with a higher risk appetite, longer investment horizon, and the ability to meet SEBI’s minimum investment threshold.
Overall, ASK Investment Managers PMS is considered a premium wealth management solution in India, known for its proven track record, institutional-grade research, and commitment to delivering long-term alpha for sophisticated investors. For HNIs seeking professional portfolio management with a strong focus on quality equities, ASK PMS remains one of the top choices in the Indian market.
| PMS Investment Approach(s) | Returns | |||||
|---|---|---|---|---|---|---|
| Investment Approach | Category | 1 Yr Return | 2 Yr Return | 3 Yr Return | 5 Yr Return | Inception Date |
| ASK Indian Entrepreneur Portfolio | Multi Cap & Flexi Cap | -9.18% | 7.88% | 7.78% | 14.84% | Jan 2010 |
| ASK India Select Portfolio | Multi Cap & Flexi Cap | -11.74% | 7.35% | 7.54% | 12.77% | Jan 2010 |
| ASK Growth Portfolio | Multi Cap & Flexi Cap | -10.82% | 8.88% | 6.85% | 13.82% | Jan 2001 |
| ASK Financial Opportunities Portfolio | Sector Fund | 4.89% | 14.14% | 10.60% | 16.48% | Jun 2018 |
| ASK India Vision Portfolio | Multi Cap & Flexi Cap | -10.38% | 4.56% | 5.75% | 13.26% | Nov 2019 |
| ASK Emerging Opportunities Portfolio | Small & Mid Cap | -12.27% | 7.52% | 8.09% | 15.39% | Aug 2017 |
| ASK Domestic Resurgence Portfolio | Multi Cap & Flexi Cap | -8.26% | 8.46% | 10.23% | 17.45% | Jun 2018 |
| ASK Lighthouse Portfolio | Multi Cap & Flexi Cap | -11.69% | NA | NA | NA | Mar 2024 |
| ASK Life Portfolio | Large Cap | -12.24% | 4.22% | 3.57% | 11.73% | Sep 2008 |
| ASK Strategic Portfolio | Mid Cap | -12.07% | 7.59% | 8.37% | 15.99% | Dec 2009 |
* Returns are as on 30th September 2025, * Returns over a 1 year period are annualized * Returns are calculated using the Time Weighted Rate of Return (TWRR) method and as provided by the respective AMCs. *ND (No Data) , * NA(Not Applicable) * Returns of the respective Benchmark Indices used are tabulated above. Benchmark(s) given are as per SEBI circular no. SEBI/HO/IMD/IMD-PoD-2/P/CIR/2022/172 dated December 16, 2022 and the APMI circular no. APMI/2022-23/02 dated 23rd March,2023 and Revised Annexure-1
CIO & CEO - Equity
George brings over two decades of experience in equities and capital markets. At ASK, he spearheads investment strategy, performance management, product innovation, and growth across PMS, AIFs, offshore funds, and the upcoming mutual fund platform. Prior to joining ASK, he served as Chief Investment Officer at Jio BlackRock AMC, where he played a pivotal role in establishing the India joint venture. Previously, he led investment strategy and portfolio management at ICICI Prudential PMS and ITI Asset Management, and spent over a decade at ICICI Prudential AMC, where he managed equity assets of approximately USD 2 billion. A Chartered Accountant and Cost & Management Accountant, George is widely recognized for his strong stock selection skills, long-term value-driven investment approach, and proven expertise in scaling investment businesses.
Vice President - Portfolio Manager
Kuldeep brings nearly 20 years of experience in the financial markets, including over a decade in sell-side equity research. His core expertise lies in the Consumer sector, particularly FMCG and Retail. Before joining ASK in January 2018, he was associated with HSBC Securities and Capital Markets (India) Pvt. Ltd. as a sell-side research analyst. Earlier in his career, he spent three years with Tata Motors. Kuldeep holds an MBA in Finance from IIT Bombay and a B.Tech in Electronics & Communication from IIT Roorkee. He is also a CFA charterholder.
Senior Portfolio Manager
ChatGPT said: Sandip brings over 20 years of professional experience, including more than 16 years in equity markets. He joined ASK in July 2021 from SBI Life Insurance, where he served as an Equity Fund Manager and Head of Investment Research, leading research across multiple asset classes. Prior to that, he worked on the sell-side with UBS Securities and Kotak Institutional Equities, and earlier gained experience as a business consultant at KPMG and in banking with Citibank. Sandip is a Chartered Accountant, Company Secretary, and holds an MBA from IIM Ahmedabad.
Fund Manager - Deputy CIO
Sumit brings nearly 19 years of experience in the Indian equity markets. He played a key role in conceptualizing the Indian Entrepreneur strategy and currently manages the Indian Entrepreneur Portfolio, overseeing an AUM of over USD 2.5 billion, in addition to supervising other investment strategies at ASK. Sumit has been instrumental in developing proprietary valuation models for the firm. Earlier in his career, he worked with ICICI Prudential Life Insurance and First Global Securities. He holds a Postgraduate degree in Management from Mumbai University and joined ASK in October 2005.
ASK IM, Birla Aurora, 16 Level, Office Floor 9,Dr. Annie Besant Road, Worli,Mumbai - 400 030, India SEBI Reg No : INP000000043