Portfolio Management Service (PMS)
Also written: PMS, aif vs pms
What is Portfolio Management Service in an Indian AIF?
A portfolio management service manages securities for a client in a separate account rather than a pooled vehicle, with a ₹50 lakh minimum. Unlike AIFs, PMS performance is publicly comparable because APMI requires monthly disclosure. That disclosure difference is the main reason AIFs cannot be ranked by return.
Related terms
All 38 glossary terms · Fund directory · SEBI quarterly data
Definitions are explanatory, not legal advice. Where a definition rests on a regulation or circular it is named above; verify against the instrument before relying on it.