Portfolio Management Services In India

I have heard about the Portfolio Management Services (PMS) and want to know in details about this PMS. Will you please provide me lists of Portfolio Management Services (PMS) service providers located in India and all other details about this PMS service?

[Kiran Chandar]

Portfolio Management Services (PMS) is a sophisticated investment vehicle that offers a range of specialized investment strategies to capitalize on opportunities in the market.

There are broadly two types of PMS

1. Discretionary PMS – Where the investment is at discretion of the fund manager & client has no intervention in the investment process.

2. Non-Discretionary PMS – Under this service, the portfolio manager only suggests the investment ideas.

How can investor invest in a Portfolio Management Services (PMS):

There are two ways in which an investor can invest in a Portfolio Management Services:

1. Through Cheque payment

2. Through transferring existing shares held by the customer to the PMS account.

However the portfolio may differ from investor to investor. This is because of:

Entry of investors at different time
Difference in amount of investments by the investors
Redemptions/additional purchase done by investor
Market scenario

Some providers of PMS in India:

Motilal Oswal Asset Management Company Ltd.

Motilal Oswal Asset Management Company (MOAMC) is part of the Motilal Oswal Group and a 100% subsidiary of Motilal Oswal Securities Ltd. MOAMC is a public limited company.

ENAM Asset Management Co. Pvt. Ltd.

It is the part of the ENAM Group, a highly respected name in capital markets in India since 1984.

ASK Investment Managers

ASK Investment Managers (ASKIM), the holding company of ASK Group, is one of the first ISO 9001 certified private discretionary money management firms in India.

Birla Sun life Portfolio Management Services

Portfolio Management Service is the Portfolio Management division of Birla Sun Life Asset Company Ltd that helps you manage your wealth.