Also wants additional action against vanishing companies, says at least 752 firms that raised money from investors can no longer be traced
Fewer investors mean you will get more time with the portfolio manager and will be able to understand his investment strategy better; but there are downsides too
Only those who have a large portfolio and the ability to select the right fund managers should opt for it
Over the next three-four years, it aims to grow its PMS AUM (assets under management) size to Rs 1,000 crore.
This will make it easier for you to calculate your tax liability and pay it on time
Portfolio management services offer an exclusive and customised product to the well-heeled but the latter need to be on guard while investing in these