Portfolio Management Service
Portfolio Management Service
PMS or Portfolio Management Service is a professional service where qualified and experienced portfolio managers backed by a research team manage equity portfolios on behalf of clients instead of clients managing themselves.
We guide our esteemed customers to choose from a wide array of PMS Strategies offered by various AMCs which help you in identifying your financial goals & suggest the right fit.
High-Net Worth Individuals
PMS is ideal for high-net worth individuals (HNI’s) who are willing to take on risk and gain market exposure, by investing directly into a basket of securities such as equities, fixed income, structured products, etc.
The minimum investment in such PMS schemes are regulated by SEBI which is at present Rs.50 lakhs.
PMS could either be Discretionary; i.e. where the fund manager takes decisions on investors’ behalf or Non-Discretionary; i.e. where the fund manager needs to take approvals from the investors on suggested investments. For every PMS investor, the Portfolio Manager creates a segregated demat account where his portfolio is held on his behalf. The Portfolio Manager has to be provided with a power of attorney to transfer stocks in and out of the demat account.
The main advantage of PMS is the independent nature of the portfolio. PMS Holdings are isolated and hence not impacted by other investor’s behavior.