For Distributors · 02

The mandate,
the terms,
the support.

Everything you need to decide whether to empanel, in one place — including the parts that are governed by documents rather than by a web page.

₹50 lakhClient minimum
ZeroLock-in
OpenCapacity status
The mandate

What you would
be distributing.

Structure
Discretionary Portfolio Management Service, SEBI-registered · INP000005722
Strategy
Trend Following — Quality + Momentum — long-only Indian equity
Holdings
20–25 positions; high tracking error by design
Benchmark
BSE 500 TRI (total return)
Minimum
₹50 lakh, the regulatory minimum for PMS
Lock-in
None. Redemption subject to settlement and any exit-load terms in the fee schedule.
Custody
Independent custodian; securities in the client's own demat account
Decision-maker
Single portfolio manager, with disclosed key-person risk
Support

What you
get from us.

01

Client-ready material

Factsheets, a mandate one-pager and a strategy deck written to be read by a client rather than only by a compliance department.

02

A suitability questionnaire

A structured screen to run before the client conversation, so the wrong clients are identified before they invest rather than after.

03

Portfolio manager access

Availability for your review meetings and client events, within reason and scheduled in advance.

04

A redacted sample report

So you and your client can see exactly what arrives quarterly before committing to anything.

05

Straight answers in bad quarters

A written account of what happened and why, including when the answer is that the process did what it was meant to and it still hurt.

Terms

What is governed
by documents.

Brokerage, fee sharing, billing basis and the empanelment agreement are commercial terms set out in the empanelment documentation rather than published on a website. We will send the full pack on request, before you commit to anything.

What we will say publicly is that the terms are the same across empanelled partners of comparable standing. There is no side letter, and no partner is quietly on better economics than you are.

Note. Fee, brokerage and commission arrangements must comply with SEBI requirements for Portfolio Managers and their distributors. The approved fee schedule and the disclosure document govern in every case; nothing on this page varies them.
Capacity

A concentrated strategy has a real limit

We would rather close to new capital than let inflows drift the portfolio up the market-cap curve. If capacity becomes constrained, empanelled partners are told before it is announced publicly.

Empanelment enquiry
Private Client Mandates · Minimum ₹50 Lakhs

Ready to allocate to Trend Following?

Schedule a private consultation directly with the Marathon Trends portfolio management team.