What is Portfolio Management Service?
Portfolio Management Service (PMS) is a professional investment management service regulated by SEBI, designed for high-net-worth investors (HNIs) with a minimum investment of ₹50 lakhs. Unlike mutual funds where you own units in a pooled investment, PMS gives you direct ownership of individual stocks — providing full transparency into every position in your portfolio.
PMS portfolios are managed by experienced fund managers who employ focused, concentrated investment strategies — often 15–25 high-conviction stocks — targeting long-term wealth creation. Each portfolio is individually held in your demat account, and you receive detailed performance reports and full transparency.
As your PMS distributor, we provide access to leading SEBI-registered PMS providers across India. We help you evaluate strategies, compare performance track records, understand fee structures, and select a PMS provider that aligns with your risk appetite and investment philosophy.
PMS vs Mutual Funds: Key Differences
| Feature | PMS | Mutual Funds |
|---|---|---|
| Minimum Investment | ₹50 Lakhs | ₹500 |
| Stock Ownership | Direct (demat account) | Pooled (units) |
| Customisation | High — personalised strategy | Standardised for all investors |
| Transparency | Full portfolio visibility | Monthly portfolio disclosure |
| Regulation | SEBI PMS Regulations | SEBI Mutual Fund Regulations |
| Tax Treatment | Individual securities basis | Fund-level tax treatment |
| Exit Load | Usually none after 12 months | Typically 0–1% |
| Suitable for | HNI/UHNI investors | All investors |
Focused Portfolios
15–25 high-conviction stocks managed by experienced fund managers with proven track records.
Full Transparency
Direct ownership in your demat account. Know exactly what you own at all times.
Customised Approach
Tax loss harvesting, specific stock exclusions, and individual portfolio customisation.
Detailed Reporting
Regular performance reports, holdings disclosure, and personalised communication.
Explore PMS Options
We'll help you compare PMS providers and select the strategy that suits your goals.
Disclaimer: Portfolio Management Services are regulated by SEBI. PMS investments involve significant risk including possible loss of principal. The minimum investment is ₹50 lakhs as per SEBI guidelines. Past performance of PMS strategies is not indicative of future results. No guaranteed returns are promised. Please read the disclosure document carefully before investing. Aditya Agrawal acts as a distributor for SEBI-registered PMS providers.