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...
Minimum Investment for PMS in India: SEBI Rules Explained
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...
Can NRIs Invest in Indian PMS and How?
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,...
What Is a Category II AIF and Who Should Invest in One?
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...