Portfolio Management Services (PMS) is a professional investment service tailored to cater to the specific financial goals, risk appetite, and investment preferences of high-net-worth individuals (HNIs). Unlike mutual funds, which pool money from multiple investors, PMS offers personalized solutions with direct ownership of securities in an investor's account.
In PMS, a professional portfolio manager or a team of experts takes charge of building and managing your investment portfolio. They select a diversified range of assets such as equities, fixed income instruments, structured products, or a combination of these, based on a well-defined investment strategy. The key aim is to maximize returns while managing associated risks efficiently.
Discretionary PMS – In this model, the portfolio manager makes all investment decisions on behalf of the investor, based on their mandate and expertise.
Non-Discretionary PMS – The investor is involved in the decision-making process. The portfolio manager only offers research and recommendations.
Advisory PMS – The service provides advice, and the execution of trades remains with the investor.
PMS is ideal for individuals or entities with a high investable surplus—typically starting at ₹50 lakhs or more in India—seeking customized investment solutions. It suits investors looking for focused strategies, better portfolio control, and transparency over a long-term horizon.
In India, PMS is regulated by the Securities and Exchange Board of India (SEBI), ensuring a structured and compliant environment for investors. Investors receive regular reports detailing portfolio holdings, transactions, and performance, ensuring clarity and control.
Portfolio Management Services are an excellent choice for serious investors who seek a strategic, customized, and expert-driven approach to managing wealth. With professional management, risk optimization, and personalized attention, PMS stands out as a premium investment solution for wealth creation and preservation.
