Please do not invest in the PMS scheme of Nirmal Bang. When you try to opt out of their scheme, they would not pay you back. Their grievance cell is a big farce. And the less said about the customer service the better.
Have an account (# ASA011) and they are not paying my money back and the grievance cell would not even respond to my complaint.
Had written to a top executive, but never got any response from that person either.
Since I am a small investor that probably must be the reason why there is no communication with them. Their AIM of helping small as well as big investors seems nothing but a script and a gap that one needs to fill in that column.