Page 2 - Pms Investors

Sebi introduces prudential limits on PMS investments in related firms

The Securities and Exchange Board of India (Sebi) has imposed prudential limits on investments by portfolio managers in their own associates or related parties.

'Shining beacon in India's story': Nation pays tribute to the Big Bull

Rakesh Jhunjhunwala entered the stock market with just Rs 5,000 in 1985. At that time, Sensex was at 150 points

Long-short funds hold fort, deliver 0.17% returns amid market rout

Long-only funds are down 5.85 per cent on a median basis over the last month, according to data from tracker PMS Bazaar

More is less in client communication

Sarika likes to go through all the communication she receives and then take an informed decision. She was hassled because this deluge was hindering her

Assets of alternative investment funds cross Rs 6 trillion in 2021

AIFs have a minimum ticket size of Rs 1 crore and aim to offer investors access to sophisticated strategies across different asset classes

Minerva India Underserved, Dynamic PMS outdid Nifty in August

Right Horizon's Minerva India Underserved continued its dream run, gaining 13.1 per cent in August

Sebi notifies certification requirements for distributors, staff of PMS

Sebi has put in place certification requirements for associated persons engaged by portfolio managers as distributors or employees having decision-making authority related to fund management.

Most portfolio management services schemes beat Nifty in June, shows data

The schemes returned 4.1 per cent on average, better than the 0.9 per cent given by the benchmark.

Half the PMS schemes trail Nifty 50 in FY21, clutchful offer 100% returns

Returns were calculated on time-weighted rate of return, which eliminates effects of inflows and withdrawals from schemes to get a clearer sense of fund manager's performance

Around 62% PMS strategies lagged Nifty50 in November, shows data

Top performing strategies included Lake Water Advisors' Lake Water (30.1%), Trivantage Capital Management's Super Six (24.8%), and Basant Maheshwari Wealth Advisers' Equity Fund (22%)

Morningstar shifts to debt, says valuations for Indian equities stretched

The firm believes that investors are relying on the benefits of future growth opportunities to stoke returns, which may not be good investor behaviour

Sebi directs PMS providers to share commission details with clients

Experts say directive will help clients understand product being offered is for commissions or merit

Covid-19: Quality PMS portfolios will help weather this downturn better

Investors who are over-allocated to the mid- and small-cap category need to switch to large- and multi-cap-oriented schemes

Coronavirus impact: IndiaNivesh shuts shop, days after closing down PMS

IndiaNivesh cited the ongoing global pandemic has that triggered an unprecedented fall in the markets coupled with the present lockdown as the reason for its decision

IndiaNivesh to wind up PMS biz, hand over assets under custody to clients

Clients can opt to liquidate shares or transfer them to their demat accounts

PMS players take a hard knock to their portfolios amid market volatility

A sizeable number of PMS schemes lean towards mid- and small-caps in their portfolio and run concentrated portfolios of 15-20 stocks

Street signs: Coronavirus scare, arbitrage opportunity in DMart, and more

Experts say people have turned averse to taking out, especially meat products, following the outbreak

How Sebi's tighter new rules protect PMS investors from mis-selling

The recent changes are also meant to reduce regulatory arbitrage between PMS and mutual funds

Small PMS players feel consolidation likely with higher minimum investment

Securities and Exchange Board of India recently increased the minimum investment in such funds from Rs 25 lakhs to Rs 50 lakhs

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