Portfolio Management Services are often considered similar to that of mutual funds. However, they vary from it a lot. With PMS, one can customize it to a larger extent. To put it in simpler words, it provides an investment avenue that is customizable for high-end clients. All the above features and the fact that it caters to high-profile clients have also made the rate of investment very high. Such aspects have been a point of concern for many, but these worries wash away after considering the advantages that they confer.Highlighting the different aspects of PMS, this article sheds light on its features and benefits of pms services in india.

PMS: Types of Services

There are primarily two types of PMS. To get a better understanding of the concept, it is essential to analyse and understand each.

• The Discretionary PMS system hands over all the power to the fund manager. In other words, he is the one who is entrusted with investment decisions based on his judgements. He puts his knowledge to work and comes up with an investment plan that aligns with that of the investor.
• In the indiscretionary PMS system, there is no single authority. Everything is done with proper consultation. The investments are also made only after the client approves them.

Pros of Portfolio Management Services

Some of the most important advantages of hiring a PMS or portfolio management firm have been stated below:

• With such firms, you also get to experienced fund managers who have all the tools and techniques to analyse data and navigate through the technicalities. They not only enable the clients but also offer a wide range of investment opportunities. Therefore, one aspect that makes it a profitable endeavour is the asset diversification it brings along.
• It gives you an easy access to customization. One can easily choose the investments or assets they want to invest in after considering their risk-taking capabilities. They can analyse their own investment goals. There is no such restriction on the type of assets one can choose.
• All such platforms are highly and strictly regulated. This means the investor will be provided with all necessary documents to ensure a transparent process. It helps investors have full control and facilitate informed decision-making.
• Similarly, there is also transparency in the fee structure. The structure depends on the investor, whether they want a fixed fee or a flexible one. All the investors are provided with detailed statements of their fees.
• With such portals being available online, users or investors can get easy access to them whenever they want. They can also easily access all the relevant data at their convenience.

Although the process of opting for PMS can be tedious for some due to the amount of paperwork involved, the benefits it offers outweigh the troubles. It accounts for a safe and reliable process that keeps the investor’s interests at the top. Those who want to venture into it must first choose a platform that facilitates the above pros.