What is Portfolio Management Services (PMS)?
Portfolio Management Services (PMS), service offered by the
Portfolio Manager is an investment portfolio in stocks, fixed income, debt,
cash, structured products and other individual securities, managed by a
professional money manager that can potentially be tailored to meet specific
investment objectives.
When you invest in PMS,aDeMAT account is opened with
your credentials and stocks and securities are bought and sold through that. giving
you the freedom and flexibility to tailor
your portfolio to address personal preferences and financial goals.
The PMS
portfolio ensures that your portfolio is insulated from the actions of the
other investors in the same strategy as unlike MFs, PMS is not a pooled asset
class. The minimum ticket size in PMS is 50 L.
Two Types are :
Discretionary:
Under these services, the choice as well as
the timings of the investment decisions rest solely with the Portfolio Manager.
Non-Discretionary
Under these services, the portfolio manager
only suggests the investment ideas. The choice as well as the timings of the
investment decisions may rest with the
Investor.
PMS ensures the flexibility to investors
which other managers might not be able to use effectively, most PMS fund
managers ensure that the portfolio is updated and maintained well for the
investor to see and check anytime and reports and communications are done
frequently to make investing an easier experience. PMS AIF WORLD is a modern-day
analytics and content based Wealth Management firm helping today’s and
tomorrow’s investors to create wealth over sustained and long periods of time.
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