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
Bu hikaye Outlook Money dergisinin December 2018 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Outlook Money dergisinin December 2018 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
Stay Ahead Of AI-Powered Cyber Fraud
AI has become an integral part of our lives, right from customer service at banks to insurance claims. But it has now become a powerful arsenal for the fraudsters too who are increasingly using AI to scam individuals and corporations alike to commit fraud. The key is to stay vigilant
Travelling To Europe? Pack In The Essential Covers
Smart travellers must know that insurance is a must-have. From essential health coverage to theft protection and trip interruptions, know what you need for a worry-free Europe trip
How To Spend Wisely This Year-End
We all spend during the year-end. But the trick is not to overspend or borrow, either from friends, or your own investment, to fund your indulgence. Maintaining balance is the key
Travel Now Pay Later (TNPL)
Travel now, pay later (TNPL) is a close cousin of the more popular buy now, pay later (BNPL) schemes.
12 Books Devina Mehra Loved Reading In 2024
Listing books of her choice, among the ones she reads during the year, is ace investor Devina Mehra's favourite year-end activity. She says it's a daunting task to pick around 12 books from a list of 50.
Here's How To Avail Of Ayushman Bharat Yojana
Launched in 2018, the Ayushman Bharat Yojana aimed to provide health coverage to targeted benefi ciaries from the Socio-Economic Caste Census (SECC) 2011, based on deprivation and occupational criteria.
'Focus On The Business, Assess If You Want To Be A Partner For 10-20 Years'
Professor Sanjay Bakshi, a value investor, behavioural economist and adjunct professor at Flame University, Pune, gives his unique perspective on how to choose a stock, in an interview with Nidhi Sinha, editor, Outlook Money, as part of the Wealth Wizards series. He also shares his learnings from role models Warren Buffett, Charlie Munger, Benjamin Graham and others, and how being a chartered accountant, economist, investor and teacher make him into what he is today. Edited excerpts from the interview
The New Trump Card For IT, Pharma
Donald Trump has been re-elected as the 47th President of the US after a gap of four years. Here's how it will affect the Indian markets and how it will benefit sectors such as IT, pharma, export-oriented sectors and others
European Sojourn
Tight on budget? Dump the popular European destinations for the little-known wonders that are equally attractive
Gold ETFs And FoFs
While Indians love to invest in physical gold, even mutual funds offer the option, but in paper format.
