PMS Guides

Everything you need to know about Portfolio Management Services (PMS) in India: minimum investment, fees, taxation, how they differ from mutual funds, and what SEBI regulation means for you.

A practical comparison of Portfolio Management Services and mutual funds in India: minimum investment, fees, taxation, customisation, and when each option makes more sense.

Why SEBI requires a 50 Lakh minimum for PMS in India, whether it applies per scheme or across providers, how top-ups and SIPs work, and what your options are if you have less (or more) than 50 Lakhs.

A practical, 7-step framework to shortlist Portfolio Management Services in India: match goals, filter by horizon, evaluate risk-adjusted returns, scrutinise fees, vet the fund manager, and spot red flags.

A plain-English guide to how PMS in India charge you: fixed fees, performance fees, hybrid structures, exit loads, and the hidden costs that eat into your returns. With worked examples at ₹1 Crore.

How Portfolio Management Services are taxed in India - capital gains, dividends, STT, set-off rules, and planning moves to reduce the tax drag. Updated for FY 2025-26.

Ranking the best Portfolio Management Services in India for 2026 using live SEBI disclosure data. Top equity, debt, and multi-asset PMS by 1-year return, 3-year return, Sharpe ratio, and AUM.

The Sharpe ratio tells you how much return a PMS generates per unit of risk. Learn the formula, worked examples, good ratio thresholds, and how it compares to Sortino, Information Ratio, and Alpha.