Share
portfolio management for investors

If you have read the first two blogs from our PMS series, you know almost everything about it already. If you still want to learn more, check this out!

What are the parameters to evaluate PMS?

– Portfolio Manager’s experience

– Portfolio Manager’s Fee

– Portfolio Manager’s Customer Base

– Portfolio Manager’s Investment Strategy

– Lock-in period and Exit Load

How is PMS different from Mutual Funds?

Unlike mutual funds, the investors’ assets here are not pooled into one large fund. Portfolio Management Service (PMS) uses a separate bank account and Demat account for each client. The minimum investment amount is Rs 50 lakh for PMS. You can see the portfolio daily through your Demat account. PMS products can be customized to meet special customer requirements.

What are the withdrawal rules of PMS?

The client may withdraw partial amounts from his portfolio, following the terms of the agreement between the client and the Portfolio Manager. However, the value of an investment in the portfolio after such withdrawal shall not be less than the applicable minimum investment amount.

How can an NRI invest in PMS?

NRIs can invest in the PMS through the NRE or NRO accounts. There are some additional compliance/documentation requirements for NRI clients. Our relationship manager will help the NRI client with this documentation.

Where can an investor seek redressal for their grievance?

In case of non-redressal of the complaint by the Portfolio Manager, investors can approach SEBI for redressal of their complaints. Investors may lodge their complaints through SCORES (SEBI Complaints Redress System) or by sending their complaints to the address given below.

Office of Investor Assistance and Education,
Securities and Exchange Board of India,
SEBI Bhavan II,
Plot No. C7, ‘G’ Block,
Bandra-Kurla Complex, Bandra (E),
Mumbai – 400 051

other blogs

Smart Money August 16, 2022

2 Lies and a Truth: Money Management

1. I am still young, I can think of retirement later.  It’s a lie, Ideally, everyone should start their retirement planning as and when they start earning, this enables them to make a good amount of corpus till their retirement. Retirement planning has become an essential part of financial planning.  Why retirement planning has become […]

By Team LXME
Share
Smart Money August 9, 2022

A Simplified Guide To Financial Planning & Investment For Women

Since ages, we have seen that financial planning is one the powerful tool for surviving in this inflation-bearing world and fulfill all life goals. The way everyone has basic needs such as food, clothing, shelter, and education same way financial planning should be added to our basic needs. Always remember, it’s a life skill! We […]

By Team LXME
Share
Smart Money August 2, 2022

A Beginner’s Guide To Investing In IPO

Meet Apurva! She came across the word IPO when everyone around her was talking about LIC’s IPO. She is new to the concept and wants to know how to invest in IPO. So, let’s learn about IPO with Apurva. Since, the last 3-4 years everyone around has been very fascinated by equity markets, as it […]

By Team LXME
Share