PMS stands for Portfolio Management Services. It is a customized investment service offered by professional portfolio managers to high-net-worth individuals (HNIs) and institutional investors. PMS is different from mutual funds in that it offers personalized and individualized portfolio management tailored to the specific needs and preferences of each investor.

Here are some key points about Portfolio Management Services (PMS):

1. Personalization: PMS provides personalized portfolio management based on the individual investor's financial goals, risk tolerance, investment horizon, and other preferences. The portfolio manager crafts a unique investment strategy for each client, taking into account their specific requirements.
2. Direct Ownership: Unlike mutual funds where investors own units of the fund, PMS investors directly own the underlying securities in their portfolio. This provides transparency and control over the investments made on their behalf.
3. Customization: PMS offers a high degree of customization, allowing investors to exclude specific stocks or sectors from their portfolio if they have personal or ethical preferences. This level of customization is not possible in traditional mutual funds.
4. Higher Minimum Investment: PMS typically requires a higher minimum investment compared to mutual funds. Since it caters to HNIs and institutional investors, the minimum investment amount can vary but is generally substantial.
5. Individual Reporting: PMS investors receive individualized reports and updates on their portfolio's performance, holdings, transactions, and other relevant information. This level of reporting provides more transparency and insight into the investment decisions made on their behalf.

Minimum Ticket Size 50 Lakh