Although It Is A Play For Well-Informed Investors, Understanding Some Key Parameters Is Crucial Before Investing To Avoid Pitfalls.
Portfolio Management Services (PMS) has come a long way since Sebi issued the market Portfolio Managers Regulations on January 7, 1993. Prior to that, it was just another innovative product offered by the banking sector mainly to the public sector undertakings in order to boost the former’s bottom line, preceding the Harshad Mehta scam in 1992.
Since then, it has emerged as one of the most preferred routes for investors, choosing to invest in equities. According to a Sebi data, as on August 2018, the total number of clients opting for PMS has doubled to 1.34 lakh in the last five years. According to pmsbazaar. com, an online platform exclusively dedicated to this product, currently, there are more than 290 PMS managers registered under Sebi.
“Today PMS is the choice for investors seeking alpha generating opportunities. The same is demonstrated by the strong growth of the industry over the last few years,” said Shahzad Madon, Head, PMS and Alternative Assets, Reliance Nippon Life Asset Management. As on August 2018, the assets under management (AUM) in discretionary equity PMS (listed equities) is 1,09,754 crore, which has shown a stellar growth of 21 per cent from 90,371 crore over last one year. And over the last five years, it registered 50 per cent compound annual growth rate (CAGR) from 14,497 crore.
Understanding Portfolio Management Services
هذه القصة مأخوذة من طبعة December 2018 من Outlook Money.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة December 2018 من Outlook Money.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Invest Right, Don't Speculate
The lure of high returns and quick gains from equity tips, cryptocurencies, and equity F&O can be enticing. But remember, return of capital is more important than return on capital
The Wedding & Budget: Is Minimalist Trend The Right Knot For You?
Indian weddings are known for their pomp and grandeur, but minimalist weddings are also in vogue now. Dia Mirza was one such celebrity who went for a minimalist wedding. If you also want to keep things minimal on your big day, here’s how to do it
Here's How To Buy An ETF?
Mutual funds are the preferred choice for retail investors. However, they come at a cost and fund management risk, apart from other risks. A smarter alternative is to invest through ETFs.
How Passive Funds Help Diversify
Passive funds provide a simple way to invest in broad markets as well as in specific themes and sectors, making them ideal for an investor's satellite portfolio
The Rise Of Passive Funds
The popularity of passive funds among retail investors has risen post Covid, and fund houses are out with many variations of ETFs and index funds. Does this category present a new opportunity for investors?
Tax Reforms: What's In Store?
The government is working on reforming the existing Income-tax Act, 1961. The impending reforms have raised many questions in the minds of taxpayers. Will the old regime and deductions be done away with? Will it really simplify your life? What's the need for these reforms? We try to answer these and other questions regarding tax reforms
5 Questions That Will Lead You To The Right Financial Planner
Choosing a financial planner is not as easy as it may seem. Besides the right credentials, you should also consider things like the kind of services you will be needing-tax advisory, estate planning-as well as the fee structure. Here are five questions that will help you choose the right planner
Health Insurance Sub-Limits
Sub-limits in health insurance are restrictions placed by the insurance company on the SP maximum amount they will pay for specific expenses that are part of the total hospital bill.
Delayed Gratification, Humility, Understanding Inflation And Risks Key To Financial Success
The journey to financial success is continuous, requiring patience, education, and disciplined decision-making.
Avoiding Common Pitfalls through Asset Allocation and Multi-Asset Investing
Just as you track the calories and nutrients for a well-balanced diet, you need a balanced portfolio that has multiple assets to balance the risks and returns.