Green Portfolio Green Ethical Portfolio (Shariah smallcase)
Halal Investing in Uttarakhand
Green Portfolio's retail Shariah offering: a flexi-cap smallcase model portfolio of 15 to 20 Shariah-compliant stocks under its SEBI Research Analyst registration (INH100008513), executed through the investor's own broker via the smallcase platform. Green Portfolio's homepage ticker showed the 'Green Ethical Portfolio - Shariah Investing Theme' at +28.00% at crawl time (period not stated in crawlable text). Smallcases carry a flat subscription fee regardless of investment amount and start around INR 10,000; the Islamicly co-published playbook printed a minimum of INR 53,069 for this portfolio in December 2025 (the figure moves with constituent prices). Compliance is monitored using Islamicly's screening database with quarterly rebalancing, prompt removal of non-compliant stocks and dividend purification notifications.
This is the most practical halal entry point in the Indian advisory cluster for ordinary savers: real stocks in your own demat, quarterly compliance-driven rebalancing, and administered purification alerts, all below PMS money. Zamzam Capital's smallcases are the head-to-head rival with a named three-scholar board but a younger research firm behind them; Green Portfolio counters with a larger PMS-grade research bench and the Islamicly data feed. Check the live subscription fee and minimum in the smallcase app before committing.
Pros
- Retail-accessible entry versus the INR 50 lakh PMS gate
- Flat fee model favours larger portfolios
- Compliance is actively managed rather than list-based
- SIP-compatible through the smallcase platform
Cons
- Subscription fee not printed in crawlable text
- Homepage return figure (+28.00%) lacks a printed period
- No named scholars behind the screening methodology
Start Investing
Visit Green Portfolio's website to learn more and get started.
See pricing & termsOpens Green Portfolio's site, no obligation
Product Details
Type
Model portfolio (smallcase)
Min Investment
Approximately INR 53,069 (December 2025 print; moves with constituent prices)
Screening Method
Islamicly database screening; 15 to 20 stock flexi-cap basket; quarterly rebalancing; dividend purification notifications
Green Portfolio in Uttarakhand
Green Portfolio's Green Ethical Portfolio (Shariah smallcase) is accessible to investors in Uttarakhand, structured as Islamicly-screened flexi-cap smallcase: India's halal investing shelf is digital, so region matters less than fees, minimums, and who certifies the screening. Minimum investment: Approximately INR 53,069 (December 2025 print; moves with constituent prices). Green Portfolio operates across India, so Uttarakhand residents have full access to this product.
Our Take on Green Portfolio
Green Portfolio brings PMS-grade research to Shariah investors through an outsourced compliance model: Islamicly's database does the screening and surveillance while Green Portfolio picks stocks inside the compliant universe. The result is the best administered purification and the most flexible pricing (performance-only PMS fees, flat smallcase subscriptions) in the cluster. The governance shape is the caveat: certification rests on a screening platform, not a named scholar bench, and the firm's wider shelf is conventional.
How Green Portfolio Works
Pick your wrapper
INR 50 lakh plus goes to the Green Ethical Fund PMS; retail money subscribes to the Green Ethical Portfolio smallcase.
Onboard
PMS clients sign custodian and POA documentation (NRE/NRO route for NRIs); smallcase subscribers connect their existing broker.
Hold screened stocks
15 to 20 flexi-cap names (smallcase) or the PMS book, all inside Islamicly's compliant universe.
Follow rebalances and purification notices
Apply rebalance updates; donate the notified impure dividend portion to charity.
Financing Structure
Two delivery wrappers around one screened universe: a discretionary PMS (SEBI Portfolio Managers Regulations 2020, custodian-held client assets, INR 50 lakh floor) and a Research Analyst model portfolio on smallcase (investor executes in their own broker and demat account). Islamicly provides the Shariah layer: screening data, continuous monitoring, rebalance coordination and purification notifications.
In-Depth Analysis
Green Portfolio (P) Ltd is a Gurgaon-based investment manager co-founded by Divam Sharma, running discretionary PMS strategies, a Category III AIF and subscription smallcases off one research engine tilted toward under-the-radar manufacturing companies (average portfolio market cap around INR 12,000 crores per the co-branded page). Third-party PMS databases put firmwide managed assets above INR 700 crores across six PMS schemes.
The Shariah line launched with the Green Ethical Fund PMS (inception 27 June 2024 per BusinessToday's PMS tracker) and extends to the Green Ethical Portfolio smallcase. Both ride the same compliance arrangement: Islamicly, the Shariah stock screening platform, certifies and continuously monitors the portfolios, coordinates rebalances (monthly for the PMS per PMS AIF World, quarterly for the smallcase per the joint blog) and triggers exits when names turn non-compliant.
Two features stand out against the Indian field. First, pricing: the PMS prints a 0% fixed fee, pay-only-for-performance option, and smallcases charge flat subscriptions independent of portfolio size. Second, purification: dividend purification notifications are issued to investors, meaning the impure-income calculation is administered rather than delegated, which only this provider prints among the five ingested.
The style risk deserves note: minimal banking and IT exposure with a manufacturing bias means tracking error against broad indices will be persistent, and the small and midcap tilt cuts both ways in drawdowns. The +28.00% homepage ticker for the Ethical smallcase carries no printed period and should not anchor expectations. The Shariah PMS mandate is young (mid-2024), so certification currency matters more than track record here.
Shariah Compliance Details
- SEBI PMS licence INP000006022; RA licence INH100008513; AIF Cat III IN/AIF3/25-26/1774; BSE enlistment 5461 (site footer, crawled 2026-08-06)
- Shariah certification and monitoring by Islamicly per the co-branded offer page greenportfoliopms.islamicly.com (crawled 2026-08-06)
- Client funds held by SEBI-mandated custodian, segregated in client name (offer page FAQ, crawled 2026-08-06)
- Green Ethical Fund PMS inception 27 June 2024 (BusinessToday PMS tracker)
- Note: the site FAQ prints the RA licence with a missing digit (INH00008513) while the footer prints INH100008513; the footer format matches SEBI conventions
How Green Portfolio Compares
Against Geojit's Ethical Portfolio at the same INR 50 lakh gate, Green Portfolio offers sharper pricing (performance-only) and administered purification, while Geojit offers TASIS certification verifiable on the certifier's site and an institutional parent. Against Zamzam and SenSage in retail, the Green Ethical smallcase is the most process-documented option but the only one without any scholar identity at all.
TASIS-certified PMS with certifier-side verification; Green Portfolio counters with performance-only fees and administered purification.
Named scholar board and signed stock list at retail money; Green Portfolio counters with a larger research house and live Islamicly surveillance.
Halal-only firm identity and goal planning; Green Portfolio counters with administered purification and PMS-grade research depth.
Bottom Line
The process leader: live compliance surveillance, administered purification and performance-only fees. Accept platform-based certification without named scholars, and size the manufacturing tilt consciously.
Read full Green Portfolio reviewShariah Compliance & Oversight
Screening data and compliance monitoring come from Islamicly's Shariah database under the documented Green Portfolio and Islamicly collaboration; individual scholars are not named. Quarterly rebalancing removes non-compliant names and dividend purification notifications are issued (crawled greenportfolio.co and blog.islamicly.com 2026-08-06).
2026-08-06
Why It's Halal
The Islamicly collaboration is documented across both firms' properties: screening and ongoing compliance use Islamicly's database, non-compliant stocks are exited at the next rebalance, and dividend purification notifications are issued to subscribers. The investor holds stocks directly in their own demat account, which keeps ownership clean. Caveats: no named scholars stand behind the screening, the +28.00% homepage figure carries no printed period, and the flat subscription fee amount is app-gated rather than printed in crawlable text (crawled greenportfolio.co 2026-08-06).
Regional Availability
Green Portfolio serves all of India
✓ Available nationwide including Uttarakhand
Start Investing: Green Portfolio
Visit Green Portfolio's website to get current terms, check eligibility for Uttarakhand, and get started today.
See pricing & termsOpens Green Portfolio's site, you're not committing to anything
Compare With Other Options in Uttarakhand
18 other investing products available to Uttarakhand residents
TASIS-certified multicap PMS · Nationwide
NationwideIslamicly-monitored manufacturing-tilt PMS · Nationwide
NationwideVaulted 24K digital gold with physical delivery option · Nationwide
NationwideHalal stock screening and compliance-tracking app · Nationwide
Nationwide
India-focused Shariah screening app (TASIS-supervised) · Nationwide
NationwideHalal Investment Growth Estimate
See how your halal investments could grow over time
Total Value
₹3,43,778
Contributed
₹1,30,000
Growth
₹2,13,778
Hypothetical projection. Past performance does not guarantee future results.
Compare FundsFrequently Asked Questions
What is Green Portfolio Green Ethical Portfolio (Shariah smallcase)?
Why is Green Portfolio Green Ethical Portfolio (Shariah smallcase) considered halal?
Is Green Portfolio Green Ethical Portfolio (Shariah smallcase) available in Uttarakhand?
What Shariah oversight does Green Portfolio have?
What structure does Green Portfolio Green Ethical Portfolio (Shariah smallcase) use?
How do I apply for Green Portfolio Green Ethical Portfolio (Shariah smallcase) in Uttarakhand?
Halal Finance Score
Are your investments Shariah-screened? Check all 7 categories.
Average score: 63/100
Stay Updated
Get halal investment insights and fund launches
Free. No spam. Unsubscribe anytime.
Explore All Investing in Uttarakhand
Compare every investing option side-by-side with filters, ratings, and Shariah oversight details.
Reviewed quarterly and updated for major content changes.
Important: HalalWallet provides educational information and comparisons to help you explore halal financial options. We do not provide financial, legal, or religious advice. Product structures and Shariah compliance oversight vary by provider. Always verify halal compliance directly with providers and consult with qualified Islamic finance advisors or scholars for guidance on specific products and your individual circumstances.