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I have opened a PMS a/c with Sharekhan during September 2009 paying Rs 5 lakh. While taking the order I was told that they have developed a very special software which will fetch only the profit both in a falling as well as raising Market.An avarage of 42% returns have been given so far &.. so on. But during my one year period they are showing continuous loss and I have lost Rs.50,000/- sofar. Sharekhan PMS is bogus and they are looting their customers.Be careful in investing your money in their PMS.