PMS
Portfolio management,personally tailored.
For investors with ₹50 lakh and above: a professionally managed portfolio of stocks held directly in your own demat account — chosen from leading managers, with guidance at every step.
What is PMS
Your own portfolio,expertly managed.
A SEBI-registered portfolio manager builds and runs a concentrated portfolio for you. Unlike a mutual fund, the shares are held in your name, so you see every holding and every trade.
- 01
Discretionary PMS
The portfolio manager takes buy and sell decisions on your behalf, within the agreed strategy. The most common form of PMS.
- 02
Non-discretionary PMS
The manager recommends; each decision is executed only after your approval.
- 03
Advisory PMS
The manager advises, and you decide and execute the trades yourself.
PMS or mutual fund?
How they compare.
PMS
Mutual fund
PMS may suit you if…
- You have ₹50 lakh or more for long-term equity investing.
- You want a focused, high-conviction portfolio.
- You value seeing exactly what you own.
- You can stay invested through market cycles.
Think twice if…
- You may need the money within three to five years.
- You prefer broad diversification at low cost.
- Frequent tax events on trades would trouble you.
- You are uncomfortable with sharper ups and downs.
How it works
Choosing a manager,carefully.
- 1
Understand your goals
Horizon, risk appetite and how PMS fits beside your existing investments.
- 2
Shortlist strategies
Process, track record across cycles, concentration, fees and the team behind each strategy.
- 3
Onboard and review
Documentation and account opening, then regular reviews of performance and fit.
Questions
Good toknow.
Why is the minimum ₹50 lakh?
SEBI sets ₹50 lakh as the minimum investment for PMS, as these are concentrated strategies meant for investors who can bear higher risk. It can be invested as cash, securities or a combination.
How are PMS fees charged?
Managers charge a fixed fee, a performance-linked fee above a hurdle return, or a mix of both, plus transaction and custody costs. All charges are set out in the Disclosure Document and agreement.
Can I see my holdings?
Yes. The shares sit in a demat account in your name, and you receive regular statements showing every holding, transaction and fee.
Is PMS better than mutual funds?
Not automatically. PMS offers concentration and transparency, while mutual funds offer diversification, lower minimums and simpler taxation. The right choice depends on your situation.
Investments in securities through Portfolio Management Services are subject to market risks, and there is no assurance that the objectives of any strategy will be achieved. Past performance does not indicate future returns. Read the Disclosure Document and client agreement carefully before investing.
Let’s Plan Your Next Chapter
Your dreamsdeserve a plan.
Let’s understand where you are today, where you want to go and how we can help you plan the journey ahead.