Blogs
How Can Foreign Investors Invest in Indian Equities via PMS?
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...
NRI Investing in Indian PMS: Rules, Taxes and Repatriation Explained
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 vs Large AMC: Which Investment Process Actually Works?
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,...
How Can Business Owners Use PMS to Diversify Their Wealth
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...
How Does PMS Handle Volatility Differently From Mutual Funds?
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 risk-reward...
What Is Trust Quotient for Long-Term Investors?
Trust quotient in investing is the degree of confidence an investor can place in a fund manager based on verifiable evidence not marketing. A high trust quotient means holding through 30% paper losses without panic. A low one means a 10% dip triggers a redemption...
How to Evaluate a PMS Track Record Beyond Returns?
A PMS track record means nothing if you only look at the headline return. Two managers can show 18% CAGR over five years one through a disciplined process, the other through leverage and lucky sector bets that dropped 60% before recovering. The number looks identical....
How Should HNIs Split Their Portfolio Between PMS and AIF?
There's no right PMS-to-AIF ratio it depends on liquidity needs, time horizon, tax situation, and how much of the corpus can stay locked. PMS gives listed equity exposure in your own name with anytime liquidity. A Category III AIF at GIFT City gives NRI HNIs USD...
What Is a Family Office and When Should You Form One?
A family office is a private entity that manages a wealthy family's investments, tax, legal, and estate planning under one roof without relying on banks or third-party wealth managers. Single-family offices serve one family exclusively; multi-family offices share...
SEBI Registered PMS List: What It Means and Why It Matters
Every portfolio manager operating in India must hold a valid SEBI registration, and SEBI maintains a public list of these entities. Checking a manager's name against this list confirms they're legally permitted to manage client portfolios and are bound by SEBI's...
