Imagine stepping into a tailor’s shop, where not only your measurements but also your style preferences are meticulously considered. This personalized experience echoes the essence of Portfolio Management Services (PMS) in the financial world. PMS offers an unparalleled approach to investment, tailoring strategies to your unique financial goals, much like a custom-made suit designed exclusively for you.

PMS serves as a dedicated financial architect, crafting personalized investment strategies to suit your financial aspirations and risk tolerance. Much like a personal chef tailors meals to your dietary preferences, PMS involves a seasoned money manager overseeing your portfolio, ensuring that it aligns seamlessly with your financial objectives.

• Tailored Investment Strategies: Personalization Beyond Comparison: PMS offers tailored investment strategies that align precisely with your financial goals and risk tolerance. If you seek a personalized approach that caters specifically to your needs, PMS is an ideal choice.

• Direct Ownership and Transparency: Ownership Empowerment: With direct ownership of securities in your portfolio, PMS provides transparency and a sense of control over your investments. Opt for PMS if you value transparency and active participation in decision-making.

• Professional Expertise: Expert Guidance in Action: Engaging seasoned money managers, PMS ensures that your portfolio benefits from professional expertise and active monitoring. If you prefer entrusting your investments to experienced professionals, PMS is a suitable option.

• Flexibility and Dynamic Adjustments: Flexible Investment Management: PMS allows for dynamic adjustments, adapting to changing market conditions. If you value flexibility and proactive portfolio management, PMS offers a strategic approach to investment.

• Balanced Risk and Returns: Strategic Risk Management: PMS aims for higher returns through strategic risk management. Opt for PMS if you seek a balanced approach to risk and reward, customized to your risk profile.

Overview of portfolio managers in India

Risk and return are the two important aspects of financial investment. Portfolio management involves selecting and managing a basket of assets that minimizes risk, while maximizing return on investments. A portfolio manager plays a pivotal role in designing customized investment solutions for the clients. A portfolio manager is a body corporate which, pursuant to a contract or arrangement with a client, advises or directs or undertakes on behalf of the client (whether as a discretionary portfolio manager or otherwise), the management or administration of a portfolio of securities or the client’s funds. Portfolio managers are registered and regulated under SEBI (Portfolio Managers) Regulations, 2020. According to SEBI guidelines, portfolio management services (PMS) can be offered only by SEBI registered entities. 

January 1993, marked the beginning of Portfolio Management Service when SEBI issued Securities and Exchange Board of India (Portfolio Managers) Regulations, 1993. These were one of the first few regulations issued by the regulators. These regulations came even before the mutual fund regulations. This shows the importance of the sector to the regulator. In India, the major providers of portfolio management services are big brokerage firms, asset management companies and independent experts. According to the Asia-Pacific Wealth Report 2017, the Asia-Pacific region is recognized as having the highest net worth individuals (HNIs) and as being the region with the highest HNI wealth. As per the report, India is home to the fourth largest population of HNIs in the Asia- Pacific region. According to the report, India’s HNI population and wealth increased by 9.6 per cent and 10 per cent respectively during 2016. This is evident in the expanding clientele base of the portfolio management industry. The asset under management (AUM) has also been growing steadily year on year as can be observed in the below table.