Foreign investors can access Indian equities through two routes: as a SEBI-registered Foreign Portfolio Investor, or through a GIFT City IFSC-registered AIF. Direct onshore PMS isn’t available to foreign nationals the FPI framework governs most foreign access to...
NRIs can invest in a SEBI-registered PMS in India, but the rules, tax treatment, and repatriation mechanics differ from resident investors. Investment flows through an NRE or NRO account, requires RBI Portfolio Investment Scheme permission, and sits in a dedicated...
Boutique PMS and large AMC differ in how decisions are made and what they optimise for. A boutique manager runs 12 to 20 concentrated positions, knows every business personally, and has personal capital in the same strategy. A large AMC manages thousands of crores,...
Business owners typically have 80 to 90% of their net worth tied up in one asset the business. That’s a single concentrated bet that generates income but offers no liquidity, no diversification, and no protection if the sector turns. PMS gives business owners a...
PMS and mutual funds respond to volatility differently because they’re structurally different products. A PMS holds stocks directly in the investor’s name the manager can concentrate into high-conviction positions during a correction or raise cash when...