Portfolio Management Services
for High-Conviction Investing
Focused portfolios managed with a disciplined investment approach for investors seeking differentiated equity exposure.
Equity exposure needs more than a stock list.
PMS can help serious investors access managed equity strategies. We help you evaluate which PMS fits your portfolio.
Distinct Portfolio Strategies
Direct Ownership & Portfolio Visibility
Active Management With A Defined Mandate
Ongoing Portfolio Oversight
Tax Efficiency Considerations
High-Conviction Portfolio Construction
We review the portfolio before the PMS strategy.
PMS allocation deserves context. We bring portfolio view, product access, risk awareness and review discipline.
Structured wealth conversation
Your risk, liquidity, horizon and existing holdings come first.
Strategy-fit thinking
We help evaluate whether a PMS style fits the role your portfolio needs.
Manager-process review
Manager philosophy, portfolio construction and risk approach are part of the discussion.
Overlap check
PMS should add structure, not duplicate your mutual funds, direct equity or other holdings.
Review rhythm
Managed portfolios need monitoring across cycles, not one-time entry.
What is PortfolioManagement Services?
PMS is a managed portfolio route for eligible investors who want professional portfolio construction, defined strategy exposure and ongoing review discipline. PMS is not a shortcut to performance. It is a structured equity allocation decision.
PMS is not for every equity investor.
The right PMS conversation depends on portfolio size, equity exposure, risk appetite, time horizon, tax context and existing holdings.
PMS should be a managed equity layer. Not the whole portfolio.
Three engines. One portfolio.
Stability
The foundation built through mutual funds, debt investments and liquidity.
Conviction
The growth engine powered by Portfolio Management Services through focused equity investing.
Differentiation
The specialist allocation created through alternative investment funds and private markets.
Nine checks before a PMS strategy becomes meaningful.
We align the strategy through your portfolio context, not in isolation.
Portfolio role
Core equity, satellite equity, growth, value, concentration or manager-led exposure.
Strategy fit
Not all PMS strategies are built the same. Approach, concentration, and risk can vary significantly.
Manager credibility
Track record, philosophy, process, team depth and risk culture.
Portfolio construction
Number of stocks, sector weights, market-cap mix, turnover and conviction.
Risk and drawdown
Volatility, concentration, downside behaviour, liquidity and market-cycle risk.
Fees and tax
Management fee, performance fee, hurdle, brokerage, churn and tax impact.
Portfolio overlap
Existing mutual funds, direct equity, AIFs and sector exposure.
Reporting and transparency
Factsheets, holdings, transactions, benchmark and review format.
Monitoring
How the allocation will be monitored through cycles.
PMS is not better than every equity route. It is different.
Each route solves a different portfolio need. The right answer depends on your capital, risk appetite, control preference and objective.
The questions matter as much as the strategy.
A strong PMS decision starts with sharper questions.
- 01
What role will this PMS play in my portfolio?
- 02
Is this core equity, satellite equity or tactical exposure?
- 03
Does this overlap with my mutual funds or direct stocks?
What role will this PMS play in my portfolio?
Is this core equity, satellite equity or tactical exposure?
Does this overlap with my mutual funds or direct stocks?
Questions investors ask
before considering PMS.
Scroll through, each answer opens on its own as you move down the list.
01What is PMS?
Portfolio Management Services is a managed portfolio route for eligible investors. It gives access to defined investment strategies, usually with professional portfolio construction and reporting.
02Who can invest in PMS?
PMS is generally meant for high-value investors who meet the minimum investment and documentation requirements. Eligibility and terms depend on regulations and the PMS provider.
03What is the minimum investment for PMS?
The standard minimum investment is generally Rs. 50 lakh, subject to applicable regulations and provider terms. Strategy-level requirements may vary.
04How is PMS different from mutual funds?
Mutual funds are pooled products with broad participation. PMS is typically a managed portfolio route for eligible investors and may involve more focused strategies, different fee structures and different tax treatment.
05How is PMS different from AIF?
PMS usually focuses on managed portfolio strategies, often in listed securities. AIFs are pooled alternative investment vehicles and may cover private markets, credit, long-short or other specialist strategies.
06Is PMS better than direct equity?
Not automatically. PMS may help investors who want manager-led portfolio construction, but it still carries market, concentration, manager and fee risks. Direct equity requires time, research and discipline from the investor.
07Is PMS risky?
Yes. PMS is market-linked and can carry concentration, liquidity, style, manager, fee and tax risks. Capital loss is possible.
08What fees are charged in PMS?
Fees can include management fees, performance fees, brokerage, custody, operating expenses and other charges depending on the agreement. Review the documents before investing.
09How is PMS taxed?
Tax treatment depends on the portfolio, transactions, holding period and investor status. Investors should review tax implications with qualified tax professionals.
10Can NRIs invest in PMS?
NRIs may be able to invest subject to eligibility, documentation, FEMA, account type and provider terms. This should be reviewed in an RM-led discussion.