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Portfolio Management Services (PMS) By Chanakya Capital

Portfolio Management Services (PMS) give you a concentrated, directly-owned equity portfolio, managed on your behalf by a SEBI-registered manager, not a share in a pooled scheme. At Chanakya Capital, that means a first-principles, high-conviction strategy, built and monitored by the same people investing their own capital alongside yours.

Most PMS pages describe the product. Fewer describe how the manager actually thinks and that difference matters more than any brochure number, because it’s what drives the portfolio in practice, through every market cycle you stay invested. A fund fact sheet can tell you what a strategy has returned; it can’t tell you why a manager held through a drawdown or exited a position early, and those decisions are usually what separate one PMS from another over a full cycle.

According to the team at Chanakya Capital, a SEBI-registered portfolio manager,

“A good PMS strategy isn’t about predicting every move the market makes. It’s about building a portfolio disciplined enough to hold its shape when the market doesn’t cooperate.”

Want to see if a concentrated equity strategy fits your portfolio?
Get in touch with Chanakya Capital’s fund management team.
Schedule a Call
WhatsApp Us: +91 99305 50052

What PMS Means at Chanakya Capital

Direct Ownership, Not Pooled Units

Every stock in your PMS portfolio sits in your own demat account. There’s no NAV, no unit structure, you own the underlying shares outright, with full visibility into every holding and transaction.

A Research-Led, Concentrated Approach

Rather than chasing breadth, the portfolio is built around 15–25 high-conviction positions, identified through in-depth fundamental research and a proprietary market-timing framework. You can read more about how this thinking comes together in investment philosophy.

Services Offered PMS at Chanakya Capital is primarily discretionary, the manager executes buy and sell decisions on your behalf within the agreed strategy, while every transaction remains fully visible to you through regular statements. This differs from non-discretionary PMS, where the manager recommends trades but you approve each one, and from advisory services, where execution sits entirely with you.

The Pillars Behind the Strategy

Risk Before Returns Position sizing, sector exposure, and liquidity are weighed before conviction is translated into portfolio weight, concentration here is deliberate, not accidental.
Alignment by Design The founders invest their own capital alongside clients in the same strategies, so outcomes for the firm and the investor move together rather than in separate directions.
Adaptability Through Cycles Markets rotate between styles, sectors, and themes. Rather than staying anchored to one approach, the strategy is built to identify differentiated, often-overlooked opportunities including turnarounds as conditions shift.

How We Report and Communicate

You receive a detailed portfolio statement on a regular basis, showing exact holdings, costs, and every transaction executed in your demat account, not a quarterly summary or a delayed disclosure. Where many PMS houses route communication through a relationship manager, Chanakya Capital gives investors direct access to the people actually managing their capital, so questions about a specific holding or a shift in positioning get answered by the person who made the call.

Who PMS Is Built For

PMS is designed for investors who can commit the SEBI-mandated minimum, understand concentrated equity risk, and are investing with a multi-year horizon rather than a near-term need for liquidity. If you’re evaluating whether you meet the entry requirement, our guide to the minimum investment for PMS walks through how the ₹50 lakh threshold works and how it can be funded. NRIs and international investors are also well served, with GIFT City-approved, USD-denominated access available covered in more detail in our page on PMS for NRIs.

Verifying Credentials Before You Invest

 

Any portfolio manager you consider, including Chanakya Capital, should be checked against SEBI’s official registration records before you commit capital. Our breakdown of the SEBI registered PMS list explains what registration confirms, what it doesn’t, and how to verify a manager independently. Chanakya Capital Services holds SEBI Reg. No. INP000006040, and we encourage every prospective investor to verify this directly rather than take it on faith. For broader context on disclosure norms, SEBI’s investor guidance is a useful starting reference, alongside the Association of Portfolio Managers in India registry of licensed managers.

Ready to explore a strategy built around your goals?
Schedule a consultation with Chanakya Capital’s fund management team.
Schedule a Call
WhatsApp Us: +91 99305 50052

FAQ

Frequently Asked Questions 

1. What is Portfolio Management Services (PMS), in global terms?

PMS is India’s version of what’s known internationally as a Separately Managed Account (SMA) or discretionary mandate, a professionally managed, concentrated equity portfolio held directly in the investor’s own account, rather than pooled units in a fund. Like SMAs offered by wealth managers in the US, UK, or Singapore, PMS gives investors direct ownership of the underlying securities, full transaction-level visibility, and a portfolio built around their specific goals rather than a standardized basket shared across thousands of investors.

2. What is the minimum investment for PMS, and how does it compare globally?

SEBI mandates a minimum of ₹50 lakh (roughly USD 60,000) to open a PMS account in India. That’s considerably more accessible than many comparable discretionary equity mandates offered by private banks and wealth managers internationally, which often start at USD 250,000 to USD 1 million or more. The threshold exists for the same reason similar minimums exist globally to keep concentrated, market-linked strategies suited to investors who can absorb that level of risk.

3. Is Chanakya Capital a regulated portfolio manager?

Yes, Chanakya Capital is registered with SEBI, India’s capital markets regulator — functionally equivalent to the SEC in the United States or the FCA in the United Kingdom under Reg. No. INP000006040. For international investors unfamiliar with India’s regulatory framework, this registration carries the same weight as a licensed investment manager’s registration in their own home jurisdiction, and can be independently verified through SEBI’s official records.

4. Does Chanakya Capital offer discretionary or non-discretionary portfolio management?

Chanakya Capital’s PMS is primarily discretionary, the manager makes and executes investment decisions within the agreed strategy, similar to a discretionary mandate structure used by wealth managers worldwide, as opposed to an advisory model where the client approves each individual trade. Every transaction remains fully visible to the investor through regular statements, regardless of structure.

5. Can international or overseas investors access Chanakya Capital's PMS?

Yes, Non-Resident Indians can invest through NRE or NRO accounts, and overseas investors more broadly including NRIs and foreign nationals of Indian origin can access Indian equities through a GIFT City-approved, USD-denominated structure. This route is designed to work much like an offshore feeder structure used to access other emerging markets: no separate Indian banking relationship is required, and returns are denominated in USD with simplified repatriation.

References

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