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PMS players breach threshold, set to have non-EPFO assets of over Rs 10 trn
PMS assets excluding EPFO and similar entities have grown 116% since FY1
Sun Life profit beats expectations in Q3 profits on strength in Canada, US
Assets under management jumped 13% to C$1.52 trillion from a year earlier
For low-cost and diversified exposure to an asset class, invest in an ETF
Choose the ones that have a low expense ratio but high trading volumes on the exchanges
PMS asset growth outpaced client additions in 2019, shows Sebi data
Interestingly, the addition in clients is also slower than the 32 per cent increase seen in the previous year
Portfolio managers' assets drop to Rs 11.89 lakh cr in February
Number of clients rose to 75,011 last month from 73,642 in January this year