PMS
How PMS differs from a mutual fund
Ownership, minimum investment, reporting and cost differences between the two structures.
In a Portfolio Management Service, securities are held in the investor's own name or demat account, rather than as units of a pooled scheme.
PMS carries a regulatory minimum investment amount, and fee structures may include fixed and performance-linked components. Tax treatment can differ from mutual funds.
Portfolios are typically more concentrated, which can increase variability of outcomes. Eligibility, risks, fees and product terms apply.
This article is general educational information and not personalised investment, tax or legal advice. Eligibility, risks and product terms apply. Product suitability depends on individual circumstances.