Published Article Details

5 things you must know about Portfolio Management Services

Posted by: Labdhi Mehta on Nov 20, 2017, 06.30 AM IST

1. Portfolio Management Services offer a customised investment portfolio managed by professional money managers to suit the investment objective of the investor.

2. Portfolio customisation can go the level of investing in a single stock or avoiding certain stocks/sectors where investors are not permitted or have a negative view of or are against their religious sentiments.

3. Investors have a demat account and a bank account in their name with the power of attorney in favour of the PMS to manage the funds.

4. In a discretionary portfolio, the manager independently manages the funds of each client in accordance with the needs of the client while a non-discretionary portfolio is managed as per client's directions.

5. A PMS charges fees as per the agreement with the client and may be a fixed amount or a return based fee or a combination of both.

(The content on this page is courtesy Centre for Investment Education and Learning (CIEL). Contributions by Girija Gadre, Arti Bhargava and Labdhi Mehta.) This article appeared in Economic Times dated Nov 20, 2017, 06.30 AM IST

Online Courses

Financial Planning
Advance Level
INVESTING ASPECTS FOR NRIs

Meet the fast-growing demand of an economy that is drawing foreign investors, particularly NRIs. This cours

Financial Planning
Basic Level
FINANCIAL PLANNING PRIMER

People are discovering how financial planning can help their money grow and prepare for a more secure futur

Financial Planning
Advance Level
MEASURING INVESTMENT RETURNS

Learn how to measure investment performance through analysing Returns on Investment (ROI) through this onli

Financial Planning
Advance Level
INVESTMENT RISK

Understand the nature of investment risk with our course on measuring investment risk and how to manage it.

Financial Planning
Advance Level
PRINCIPLES OF PORTFOLIO CONSTRUCTION

Learn to construct portfolios and the techniques used to allocate assets across classes and manage risk.

Financial Planning
Intermediate Level
FINANCIAL PLANNING AND MUTUAL FUNDS

Learn to invest based on investment goals and objectives through our Intermediate course on Mutual funds.