Portfolio Management Services

MFs vs PMS: Let corpus size and need for flexibility guide choice

In a pooled structure, your fate is tied to the collective behaviour of all investors. In a non-pooled one, your portfolio stands on its own

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

Co-investment may slip its leash as rules relax for big-ticket plays

Compliance walls could begin to crack as sovereign and pension money nose their way in

Not the time for concentrated bets, thematic funds: Mirae's Neelesh Surana

Discretionary segments, he believes, may rebound as interest rates fall, rural incomes improve, and the government steps in with measures such as tax cuts and the Eighth Pay Commission

Small brokers will struggle to sustain themselves, says R Venkataraman

SIP flows should stabilise and return to their previous growth path as fears of intense trade wars fade after six months of Trump's presidency and 20 days of India-Pakistan tensions

With an eye on SIF foray, PMS, AIFs queue up for mutual fund licence

Nuvama Wealth, Marcellus Investment Managers among new MF applicants

Markets are testing investors' patience and conviction, says Hiren Ved

Most investors who came in CY 2020 are sitting on handsome gains. But they have never seen a greater-than-10-per cent correction until CY 2025

Six new fund houses set to join Rs 68-trillion MF industry in 2025

Angel One, Unifi set to launch first fund this year; four more likely to secure licence this year

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

New asset class may take wing; decision likely at Sebi meeting on Sep 30

Board meeting on Sep 30, first since conflict of interest allegations against chairperson

Simplify your DIY portfolio management with multi-asset fund of fund

The FoF fund manager picks multiple schemes, depending on the FoF's mandate

Emkay Investment Managers launches new alternative fund; eyes Rs 500 crore

Portfolio management firm Emkay Investment Managers Ltd (EIML) on Thursday announced the launch of an alternative investment fund -- Emkay Capital Builder Fund-- through which it is aiming to mobilise Rs 500 crore in the next 6 to 8 months. The open-ended category III Alternative Investment Fund (AIF) -- Emkay Capital Builder Fund-- is hoping to generate long-term capital appreciation for investors from a portfolio of equity and equity-related securities. This will be a multi-cap portfolio of around 20-25 stocks. "Emkay Capital Builder AIF caters to the growing preference for Alternative Investment Funds as an investment avenue amongst UHNIs in India. Our bottom-up stock-picking strategy will help in formulating a winning AIF portfolio backed by the robust E-Qual model to mitigate risks related to management quality," Sachin Shah, Executive Director and Fund Manager, Emkay Investment Managers Ltd, said. In a webinar on opportunities in AIFs, the portfolio management firm said," EIM

Expecting daily positive moves in stock market is unreasonable: Parekh

Valuations are high in companies in defense, railways, engineering, new energy, and the power sectors, Parekh of DSP Mutual Fund said in an exclusive interview

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 considering mandatory registration of PMS distributors with APMI

Markets regulator Sebi on Thursday proposed promoting collective oversight of PMS distributors by making registration with the Association of Portfolio Managers in India (APMI) mandatory for them and facilitating ease of digital onboarding process for portfolio managers' clients. The proposals are aimed at promoting ease of doing business initiatives for portfolio managers. This came after the Finance Minister in the Budget announcements for the financial year 2023-24 made an announcement to simplify, ease, and reduce the cost of compliance for participants in the financial sector through a consultative approach. In its consultation paper, the regulator proposed making registration with APMI mandatory for PMS (Portfolio Manager Services) distributors. The recommendation is in line with the practice already being followed in the mutual fund industry, wherein, mutual funds distributors are required to register with the Association of Mutual Funds in India (AMFI) and obtain an ARN (AM

Portfolio management service schemes outperform in January, shows data

The analysis considered 97 schemes which have the Nifty 50 Total Returns Index as its benchmark. Around 73 outperformed in January

Mutual fund industry exploring a new product with 'flexible norms'

The MF product, if introduced, will also have a minimum investment threshold but will likely be much lower than that of PMS

We've been exploring themes with secular implications: Prakash Kacholia

The strong first-quarter FY24 earnings are expected to normalise in the coming quarters, with a potential growth rate of 20-22 per cent, said Kacholia

Portfolio management industry to expand, asset base to grow 25%: Experts

Rise in high net-worth individuals and their need for diversification beyond traditional investment products contributed to a 15 per cent year-on-year gain in the asset base of portfolio management services to Rs 28.5 lakh crore at June-end, experts said. The industry is further expected to grow at 20-25 per cent over the next 3-5 years, they said. Additionally, the customized nature of PMS (portfolio management scheme) services and an evolving regulatory landscape that fosters trust and innovation also helped in the growth of the industry. This growth is not just limited to assets, the clientele base has also expanded. The number of PMS clients in the country surged to 2.8 lakh by June, reflecting a 10 per cent growth from the preceding year, industry data showed. Delving deeper into the numbers, the average ticket size for PMS clients in the country stood at an impressive Rs 10 crore. This indicates the significant trust and capital that investors are placing in PMS, Sonam ...

As AIFs rise in popularity, PMS industry feels the heat: Sebi data

In May, PMS clients stood at 125,390, down 20,528 since April, shows Sebi data