Portfolio Management Services News
Asset manager Abakkus plans mutual fund foray to ride retail demand
Founded by Sunil Singhania, former chief investment officer of Reliance Mutual Fund, Abakkus Asset Manager is India’s eighth-largest Portfolio Management Services (PMS) provider and has assets worth ₹18,010 crore under PMS, as per data from the Association of Portfolio Management Services (APMI).
5 min read19 May 2025Why India's collective investment tax rules need an overhaul
A look at how India’s tax rules for collective investment schemes create arbitrage — and why reform is overdue.
4 min read21 Apr 2025Unlocking global markets: How Indian investors can diversify with portfolio management services
India’s mutual fund industry has hit the cap on investing overseas. But individual investors have an alternative route that could be just as effective for diversifying their investment portfolios.
5 min read19 Mar 2025One of India's top PMS funds stakes its revival on manufacturing and energy transition
Sunil Rohokale, co-founder, CEO & managing director of ASK Asset & Wealth Management Group, said its portfolios underperformed in recent years as the market was chasing sectors and companies that did not fit its investment approach.
5 min read12 Mar 2025Portfolio Management Services: From benefits to types; all you need to know
PMS are professional investment management services that help investors achieve financial goals through customized portfolios. They offer benefits like asset diversification, regulatory compliance, and real-time access, but may have higher costs.
4 min read7 Oct 2024Why Saurabh Mukherjea sidesteps defence, power & infra, metals and government-heavy sectors
Marcellus avoids government-owned companies due to the political risk involved.
7 min read19 Aug 2024Sebi's proposed new asset class is just the ticket for affluent Indians
The new product would offer risk-tolerant investors access to innovative strategies such as long-short equity and inverse ETFs. With a minimum ticket size of ₹10 lakh, it would bridge the gap between mutual funds and portfolio management services.
3 min read7 Aug 2024GIFT City regulator proposes lower PMS ticket size, opens door to retail funds
The International Financial Services Authority has proposed a halving of the ticket size for portfolio management services from $150,000 to $75,000, or about ₹64 lakh at current exchange rates.
1 min read5 Aug 2024This distributor puts 99% of his clients' assets in PMS. Here's why.
Ramanan Venkateswaran's company Pygmalion Renaissance manages ₹2,000 crore in assets, but just ₹4 crore of this is in mutual funds.
5 min read17 Jul 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared