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Founded in 2006, Prakala Wealth

is an AMFI Registered Mutual Fund Distributor

& Wealth Service Provider

(Formerly Known As Prakala Wealth Management Private Limited)

You focus on your core strength while we take care of your financial needs...

In this fiercely competitive world everyone not only needs to work hard and earn but also effectively manage their wealth. Most of the individual earners are looking for avenues towards maximizing their wealth. Prakala Wealth is rendering its services to achieve each individual's dream of financial independence.

 

Prakala provides quality investment services to individuals who are interested in growing and protecting their hard earned money without going through the vagaries of the market.

You can certainly depend on Prakala for your personal investment and insurance needs. Our services are catered according to your needs.

Services

Our Services

01.

Mutual Funds

We help our clients to invest in mutual fund schemes from more than 40 fund houses. We match mutual fund schemes with customer's life time goals & ambitions.

02.

PMS and AIF

We offer PMS and AIF products from various service providers. Minimum investment under PMS is Rs. 50 Lacs and in AIF it is Rs. 1 Crore.

03.

RBI, GoI, Capital Gain & Corporate Bonds

We offer RBI & Government Of India Bonds in addition to Corporate Bonds issued by many reputed companies. Corporate Bonds come with higher yield, liquidity and safety. We also offer 54EC Capital Gains Tax Exempt Bonds offered by Rural Electrification Corporation. These bonds are highly safe.

04.

Health Insurance

We advise, choose & distribute basic & top up health insurance policies from Apollo Munich, HDFC Ergo & Reliance General.

05.

Term Life Insurance

We are a leading player in the term life space & offer policies provided by HDFC Standard Life Insurance Company as well as Kotak Life Insurance.

06.

Bank & Corporate Fixed Deposits

We distribute fixed deposits of leading corporates in India. Also, we distribute fixed deposits offered by leading Small Finance Banks for both NRIs & Residents.

07.

NRI Services

We serve NRIs & PIOs from all over the world. Since our customer base has people from USA to

Sri Lanka, we understand the unique needs of NRIs & PIOs. We help from getting a PAN Card to opening bank accounts & finally taking care of their investment needs forever.

08.

Stocks

We help our investors to buy shares for their long term wealth creation by opening demat/ trading accounts for them.

Team

Meet The Team

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Divya Bala - Senior Relationship Manager

AMFI Certified Mutual Fund Advisor

Divya is a qualified mutual fund advisor. At Prakala she handles many retail customers with their wealth management needs. She handles customers with sincerity and on top priority.

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Sabarinathan Packirisamy - Relationship Manager

AMFI Certified Mutual Fund Advisor

Sabari is a qualified mutual fund advisor. He is a B.Sc. graduate from Bharathidasan University. At Prakala he handles many retail customers with their wealth management needs. He is very patient and answers all customer queries without any hesitance. 

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Divya Ravi - Senior Relationship Manager

AMFI Certified Mutual Fund Advisor

Divya is a qualified mutual fund advisor. At Prakala she handles many retail customers with their wealth management needs. She handles customers with utmost responsibility.

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Nirosha Ganapathi - Asst. Relationship Manager

AMFI Certified Mutual Fund Advisor

Nirosha Ganapathi has completed M. Com from Bharathi Women’s College, Chennai. She has completed the Mutual Fund Distributors Certification Examination and is a qualified mutual fund advisor. At Prakala, she listens to customers’ investment needs with utmost care and sincerity and helps them with their requirement.

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Chokkalingam Palaniappan - Director

  • LinkedIn

Mr. Chokkalingam Palaniappan is an experienced investment and management consultant with over 25 years of professional experience. He has extensive domestic and international investment and work experience including India, USA, Greece, and Iran. Before founding Prakala Wealth, he has worked as a Management Consultant advising companies and their top management in USA and Europe on various management issues.

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Meenakshi Chokkalingam - Director

AMFI Certified Mutual Fund Advisor

Mrs. Meenakshi is in the wealth management industry for the past 10 years. She is a qualified mutual fund advisor & life/general insurance advisor. At Prakala she handles many HNI customers with their wealth management activities. She handles customers with utmost care and patience.

Testimonials
Video Testimonial

Mrs. Shobana, Chennai

WRITTEN TESTIMONIAL

“My Auditor referred me to Mr Chokkalingam of Prakala Wealth Management in the year 2008 saying Mr Chokkalingam is the right person for helping me professionally with my investment options. Since then I am in close touch with Prakala Wealth Management and I am extremely happy with the professional support from Mr Chokkalingam, his wife and the dedicated Team at Prakala Wealth Management. Incidentally, my daughter and son-in-law in the US consult Mr Chokkalingam, too, for the past 10 years. I find Prakala's "My-eOffice Client Login Panel - Mutual Fund Software - very, very useful and helpful. I wish I had the opportunity to contact Mr Chokkalingam much before 2008. We wish Prakala Wealth Management success in all their future endeavors.”​

 

—  Ramanathan Sivakumar

News

Read The Latest News About Prakala, Right From The Source!

Mr. Chokkalingam Palaniappan regularly writes articles in "Ananda Vikatan", "Nanayam Vikatan"  (a Tamil personal finance magazine) and The Hindu (Tamil). Also he writes now and then in "Dinamalar", a leading Tamil daily. Other writings include Economic Times, Live Mint & other periodicals. He regularly participates in the talk shows conducted by Sun News (a leading Tamil language TV channel ) in their "Varthaga Ulagam" program. He has authored a book on share market for beginners. It is published by Vikatan Publications. Please click here to see the cover page of the book. He regularly conducts free mutual fund awareness programs throughout Tamilnadu, done by Nanayam Vikatan & leading fund houses. Also he conducts paid mutual fund workshops done by Nanayam Vikatan. To propagate mutual fund investments to the mass he continuously uploads videos on basics of mutual funds & personal finance. The ultimate motive is to bring more people into financial assets.

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Become Our Customer

Become Our Customer!

Pencil

KYC

REGISTRATION

Mobile Phone

ONLINE FACILITY

(24x7)

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DOUBT

CLARIFICATION

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REGULAR MONITORING

OF PORTFOLIO

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GOAL BASED FUND

SELECTION

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PROCESSING SIP 

& BULK INVESTMENTS

Rs. 354 (300 + GST: 54) - Domestic Customers/ Rs. 590 (500 + GST: 90) - NRI Customers

This is a one time customer registration fee. Once you have paid the amount and on receipt one of our customer service representatives will get in touch with you for taking forward your investment needs.

In case you do not receive a call or email from us within 2 business days, please get in touch with us at +91-44-4202-0942/ 4207-3710.

Contact

Contact Us

Location: 2/102, Third Street (First Floor), Karpagam Avenue, RA Puram, Chennai 600028, Tamil Nadu, India.

Email : customercare@prakala.com

Primary Contact : 044-4207-3710 | 044-4202-0942

Call & Whatsapp: +91-89391-17560 | +91-99626-05666 | +91-91504-23111 | +91-89259-49777

Thanks for submitting!

Grievance Redressal Mechanism @ Prakala:

Level 1: Call your Relationship Manager and inform your grievance. Hope it gets resolved within 3 business days.

 

Level 2: If your grievance is not resolved within 3 business days, please write to Mrs. Divya Ravi at customercare@prakala.com regarding your complaint. Also, you may call her at 044-4207-3710/ 4202-0942. Hope it gets resolved within the next 3 business days.

 

Level 3: If your grievance still does not get resolved, please write to us grievances.prakala@gmail.com  with attention to Mrs. Meenakshi Chokkalingam. Also, you may call her at 044-4207-3710/ 4202-0942.

We are Registered with AMFI (https://www.amfiindia.com/)

Date of initial Registration: 04/ MAY/ 2007

Our AMFI Registration Number is ARN-49705

Current validity of ARN upto 03/ MAY/ 2027

Our Group

Our Group

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SREEVARI BENEFIT SOCIETY LIMITED (SBSL)

Sreevari Benefit Society Ltd. (SBSL) was established in the year 1986 under the companies act 1956 and approved by Govt. of India as a Nidhi Company with operations in Trichy. It accepts deposits from its members and lends to them.

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NAVARATHNA HOUSING FINANCE LIMITED (NHFL)

Navarathna Housing Finance Limited (NHFL) was formed in the year 2016 and obtained Certificate of Registration from National Housing Bank in the year 2017 and started operations in the same year itself. It focuses on disbursing housing loans to the most needy segment of the society.

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