Geojit Financial Services Geojit Ethical Portfolio (PMS)

A discretionary PMS strategy from Geojit Financial Services (SEBI Portfolio Manager INP000003203), launched 31 January 2022 and described on the product page as 'carefully curated by Geojit in association with Taqwaa Advisory and Shariah Investment Solutions Private Limited (TASIS)' to help clients 'create wealth in accordance with Shariah laws'. It is an open-ended multicap growth portfolio benchmarked to BSE 500 TRI with the SEBI-mandated PMS minimum of INR 50 lakhs. Screening is two-layered: quantitative metrics (high growth, high ROCE, high cash flow conversion, low leverage) and qualitative checks (corporate governance, promoter track record, promoter share pledges). TASIS's own certified-clients page lists 'Geojit Ethical Portfolio (PMS)' with a 2025 certification year, making this one of the few Indian portfolios whose Shariah certification is verifiable on the certifier's website.

For verification-first investors this is the cluster's benchmark product: Geojit names TASIS on the page and TASIS names Geojit on its certified-clients list, a closed loop no other Indian PMS in this sweep completes. The costs are the usual ones: a INR 50 lakh gate and a Shariah island inside a conventional brokerage. Green Portfolio's Ethical Fund PMS (Islamicly-monitored, performance-fee-only option) is the aggressive alternative at the same minimum; Vivekam gives you the same TASIS universe from INR 50,000 if you accept advisory-model delivery instead of discretionary PMS.