What is PMS?
Portfolio Management Services (PMS) is a sophisticated investment vehicle tailored for High-Net-Worth Individuals (HNIs). It offers investors the opportunity to have their capital managed by specialized, SEBI-registered Portfolio Managers who build concentrated portfolios of stocks, fixed income, or structured products.
Unlike mutual funds, where money is pooled and you receive units, a PMS operates through a distinct demat and bank account in your own name. You directly own the underlying securities, while the portfolio manager makes the buying and selling decisions on your behalf based on an agreed mandate.
- Professional Expertise: Access to highly experienced fund managers executing distinct, high-conviction strategies.
- Concentrated Bets: Unlike highly diversified mutual funds, PMS portfolios often take concentrated positions for targeted exposure.
- Direct Ownership: The shares are held directly in your personal Demat account, offering total transparency.
- Nimble Execution: Smaller overall AUMs allow portfolio managers to enter and exit mid/small-cap positions swiftly.
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Mutual Funds vs. PMS Understanding which vehicle suits your portfolio architecture. |
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|---|---|---|
|
Feature |
Mutual Funds |
PMS |
| Minimum Investment | As low as ₹500 via SIP | ₹50,00,000 (₹50 Lakhs) |
| Ownership | You own units of a pooled fund | You own the actual stocks in your Demat |
| Diversification | High (often 40 to 100+ stocks) | Concentrated (often 15 to 25 stocks) |
| Ideal Investor Profile | Retail investors & HNIs looking for foundational, diversified growth. | HNIs seeking aggressive, concentrated strategies to complement their core portfolio. |
How Chamunda Investment Services LLP helps you
As a trusted financial intermediary, we act as a distributor for leading, SEBI-registered Portfolio Management Services. We do not manage the portfolios in-house; instead, we provide you with access to the industry's top fund managers.
- Product Shortlisting: We help you navigate the landscape of various PMS strategies to find ones suitable for your risk appetite.
- Seamless Onboarding: We handle the extensive paperwork, demat account opening, and operational coordination required to start a PMS.
- Ongoing Support: We assist with administrative queries and ensure you receive timely reports from the portfolio manager.
