Pms Schemes

HNIs chase alpha via portfolio managers; discretionary PMS clients hit 200K

Discretionary PMS clients cross 200K; assets soar past ₹40 trillion

Cabinet extends PM SVANidhi scheme till 2030 with ₹7,332 crore outlay

Union Cabinet approves revamp of PM SVANidhi scheme with higher loan limits, RuPay credit cards, cashback incentives and wider coverage for 1.15 crore street vendors till 2030

Why PMS' need to be viewed differently from investing in a mutual fund

Investing in PMS should be looked at as a test series. You can judge consistency on an ongoing basis but the outcome is drawn out as per the stated objective of the fund

Market regulator Sebi's new product: MF's efficiency, PMS' control

New product poses a threat to the PMS industry by combining the advantages of both PMS and MF. Most PMS providers will apply for MF licences to offer new product

'Discount broking space getting overcrowded; Sensex can hit 100,000'

Globally, growing number of parliamentarians are worried about legitimised gambling via stock exchanges which has social and financial implications, said CJ George, founder & MD, Geojit Financial

Our small, midcap portfolios haven't participated in the rally: Marcellus

Given the macroeconomic strengths, the market is pricing in a reasonable earnings growth and hence justifying current valuations, Pramod Gubbi of Marcellus Investment Managers said in this interview

Sebi bans individual from securities markets for unregistered PMS business

Markets regulator Sebi has restrained an individual from the securities markets for a period of two years for providing unregistered portfolio management services. The regulator also directed Sanbun Investments, its proprietor Nishaan Singh (Noticee) to cease and desist from acting as or holding himself out to be a portfolio manager. Sebi directed the noticee to refund Rs 16.19 crore received from clients and/or investors as fees or consideration or, in respect of their unregistered portfolio management activities within a period of three months, Sebi said in its order on Tuesday. The order came after Sebi received a complaint in October 2022 against Sanbun Investments, which is the sole proprietorship concern of Nishaan Singh. Pursuant to the receipt of the complaint, the regulator conducted an investigation to ascertain the veracity of the complaint and whether there had been any violation of PMS (Portfolio Managers) regulations. "I note that under the garb of providing courses

Most investors expect a market correction: Naveen Kulkarni, Axis Securities

Market's focus has shifted to corporate earnings' growth, backed by comfort in valuations, says Naveen Kulkarni, chief investment officer at Axis Securities.

Setting standards

New guidelines will increase transparency in PMS

Sebi issues performance benchmarking guidelines for PMS industry

Portfolio managers to adopt an additional layer of broadly defined investment strategies while managing clients' funds

Drop in share of advisory assets in PMS funds during past 12 months

Overall PMS assets have been on the rise amid buoyant markets

IIFL Wealth rebrands as 360 ONE, to rename its MF, PMS and AIF schemes too

The company says it manages over Rs 3.3 trillion through its various mutual fund, PMS, AIF and other products

Less than a decade since launch, AIF commitments to cross Rs 7 trn mark

There is optimism that the Rs 7 trillion mark will likely be crossed soon, given the recent momentum

77% of 273 PMS schemes outshone the Nifty50 in April, shows data

PMS schemes managed Rs 20.3 trillion under discretionary portfolio, Rs 1.7 trillion under non-discretionary, and Rs 2.1 trillion under advisory

Nearly 70% of 254 PMS schemes outdid Nifty in 12 months, shows data

None of the schemes gave negative returns over a one-year period

Most portfolio management service schemes in red in February, shows data

Most of the portfolio management service (PMS) schemes delivered negative returns in February, with 217 (80 per cent) of the 268 schemes underperforming the Nifty50

Aided by mid-, small-cap rally, 80% of PMS schemes beat Nifty in 2021

They generated average returns of 40%, against the Nifty's 24%

Most PMS schemes in red, but more than 80% outperform Nifty in November

The schemes returned -2% on average, better than the -3.9% generated by the benchmark

Majority of PMS schemes underperform Nifty in October, shows data

The schemes returned 0.2 per cent on average - worse than the 0.3 per cent generated by the benchmark

Most PMS schemes beat Nifty50 in September, shows data

The PMS segment invests money on behalf of well-off individuals. The minimum investment that regulations allow is Rs 50 lakh