by Chanakya Capital | Sep 15, 2026 | Blog
SEBI mandates a minimum investment of ₹50 lakh to open a Portfolio Management Services (PMS) account in India. The threshold is assessed once, at onboarding, applies to your total portfolio value rather than any single stock, and can be funded with cash, existing...
by Chanakya Capital | Sep 12, 2026 | Blog
NRIs can invest in a SEBI-registered PMS using NRE or NRO funds, subject to FEMA compliance and a ₹50 lakh minimum. The portfolio is held in a dedicated demat and bank account in the investor’s own name never pooled. Returns are taxed under Indian equity rules,...
by Chanakya Capital | Sep 11, 2026 | Blog
A Category II AIF is a SEBI-regulated Alternative Investment Fund that invests in unlisted equity, private debt, or real estate without leverage beyond operational needs. It’s the structure most private equity and debt funds in India use, sitting between...
by Chanakya Capital | Sep 10, 2026 | Blog
GIFT City (Gujarat International Finance Tec-City) is India’s only International Financial Services Centre, and NRIs can invest in Indian equities through it via a Category III AIF in USD without navigating the NRE/NRO account complexity that onshore PMS...
by Chanakya Capital | Sep 8, 2026 | Blog
PMS requires a minimum investment of ₹50 lakh and suits investors who want direct stock ownership, a concentrated portfolio, and a manager working solely on their behalf. The process: define your goals, shortlist SEBI-registered managers, review their strategy,...
