Vivekam Financial Services
About
No description available.
Contact Information
| Phone | 091000 09891 |
|---|---|
| Address | Plot No 57, Rd Number 71, Navanirman Nagar Colony, Jubilee Hills, Hyderabad, Telangana 500033, India |
| Website | https://www.vivekam.co.in/ |
| Location | 17.4195710, 78.4072390 |
Opening Hours
| Monday: 9:00 AM – 6:00 PM |
| Tuesday: 9:00 AM – 6:00 PM |
| Wednesday: 9:00 AM – 6:00 PM |
| Thursday: 9:00 AM – 6:00 PM |
| Friday: 9:00 AM – 6:00 PM |
| Saturday: 9:00 AM – 6:00 PM |
| Sunday: Closed |
Categories / Tags
Reviews
One of the best services. They post excellent videos with no bias and proper analysis
Zero stars if that were an option.
I was doing reasonably well on my own before subscribing to Vivekam Financial Services’ PMS. Their analysis looked impressive initially, but subscribing turned out to be a serious mistake.
Post-subscription, the recommendations were disastrous — repeatedly advising me to sell good stocks at heavy losses and then buy other stocks at higher prices. It felt like a constant buy high, sell low strategy that steadily eroded my portfolio.
What’s worse is the horrible customer service. After taking the subscription, there is almost no meaningful support or accountability. The team seems far more interested in chasing payment and fees than providing quality recommendations or helping clients recover losses.
Extremely frustrating experience. Poor advice, poor support, and zero value.
I strongly do not recommend this service to anyone.
Lightning-fast sales, zero customer support.
I’m writing this as a cautionary tale for anyone following Vivekam’s YouTube channel. Like many of you, I really respected the insights shared by Mr. Prasad on YT and felt confident enough to invest my hard-earned money into their paid platform. Sadly, the reality of being a client is nowhere near as professional as their videos suggest.
The sales process was "perfect"—maybe too perfect.
My account representative, Abhishek, was incredibly attentive and replied with lightning speed while he was trying to get me to enroll. But the second the payment went through and I was officially "onboarded," the communication completely died.
I’ve reached out multiple times with basic queries, and Abhishek has essentially vanished. It’s a classic "bait and switch" feeling: you’re a VIP until you pay, and then you’re a ghost.
My honest suggestion: Save your money. The information on their YouTube channel is helpful, but don't fall for the trap of paying for the "premium" service. The lack of support and the sudden disappearance of the sales team after taking a huge fee is a major red flag. Watch the videos, do your own research, and stay away from the paid enrollment.
Invested in their bio growth product in Sep'24 by looking at Prasad garu and Yaswant videos in your tube and TV5 programme. But utterly disappointed due to the following reasons.
1) Poor response from the team. I feel the team is not upto the mark, they will not be able to answer to you if you have some stock market knowledge.
2) I have invested small amount, but they made the portfolio size of 36 stocks initially. Some times even one or two qty too bought in a script. Don't know what is the use. After repeated followup they were cut down the portfolio scripts size of around 26. Which is also very high number when we invest 5 to 10 lakhs. For small portfolio sizes of 5 to 10 lakhs when you don't be able to allocate 10% to atleast a script, in my opinion the portfolio appreciation will be very difficult. This is one flaw in their system. This is also linked to point no.1 mentioned above and system flaw too.
3) poor execution of orders and it's timing. The system is saying to execute the orders, but they are not doing the same in broker account. When we ask clarification they say that huge pumping of orders is not allowed. If that was the case the staggered order placement should be incorporated in their system and not at the discretion of broker.
4) When we approached to the office staff to hilight the flaws of their system to the management, they are not making us approachable to the owners (Prasad garu or Yasvanth).
5) Suppose If you want to start the investment of Rs. 4 lakhs through their biogroth, we need to deposit 4 lakhs in broker account. But they will invest them in staggered manner. This is good. But they will calculate the hurdle amount from their start of investment. Which is unfair. Either they could ask the amount to deposit as per their investment schedule or the hurdle amount has to be calculated from the date of deposit. But they are not doing the same. Due to this approximately morethan half of a month time value of hurdle amount loosing by the client.
6) The hurdle amount is defined either nifty growth% or 8% p.a. In case Nifty growth percentage there will not be any issue, since we take Nifty closing value of date of start and date of closure. Where as 8% p.a. case they supposed to calculate on yearly rebalancing basis. But they are not doing the same and trying to do on linear basis. This is another calculation flaw.
Finally 😃 I end up my portfolio not crossed by the hurdle amount I chooses for a span of 13 months. And exited completely from their services.
Not upto the mark, no sophisticated systems, not much professionalism. But you need to end up paying 20% of your profits even if they crossed by fluke. People may decide.
Thanks for reading this lengthy review.
I have enrolled for 1 year subscription and receiving the information through Ecas report as well as details of New stocks (Top ranks -SPOTS) are very useful for updating my portfolio from time to time.