Sebi allows pledging of securities under non-discretionary PMS framework with safeguardsSebi clarified that clients under the non-discretionary portfolio management services (ND-PMS) framework can pledge securities for their ow...
The true cost of PMS returns: Disclosing the hidden gap between headline numbers and real investor gainsFrom glossy returns to tax drag, what an equity PMS earns investors often trails what is advertised.
Know Your Fund Manager | Sameer Narayan, Head – Alternate Investment – Equity, Aditya Birla Sun Life AMCGrowing up in a middle-class family that valued discipline and long-term thinking, I developed an early interest in understanding how busin...
Monarch Networth Capital raises Rs 100 crore for its maiden PMS schemeMonarch Networth Capital raised Rs 100 crore for its maiden PMS fund via direct distribution. The fund outperformed its benchmark with stro...
GIFT City vs Dubai vs Singapore: What you need to know while choosing your investment hubIndian wealth is increasingly seeking global anchors, with GIFT City, Dubai's DIFC and Singapore emerging as key contenders. Each hub offer...
Capital market stocks: Time to change strategy? 10 stocks from different parts of the ecosystemThe capital market infrastructure sector has grown into a full-fledged, publicly-traded ecosystem. Today, investors can pick from exchanges...
360 ONE Asset secures Rs 2,000 crore in commitments for its PIPE strategy360 ONE Asset attracted strong investor confidence by raising ₹2,000 crore for its PIPE strategy, reinforcing demand for structured private...
NBFCs doing well, but Iran war, margins cloud road aheadNon-banking finance companies anticipate strong growth in the upcoming quarter. However, rising funding costs may limit profit margins. Ana...
PMS Tracker: March meltdown ensured 97% of strategies sank up to 22%; Money Grow, ASK Investment bled the mostIndian PMS strategies suffered steep losses in March, with 97% delivering negative returns amid a war-led market selloff. Small and midcap ...
Digital onboarding, centralised data key to next leg of PMS growth: Biharilal DeoraBiharilal Deora emphasizes that India's Portfolio Management Services (PMS) industry is poised for significant expansion, contingent on acc...
Motilal Oswal AMC's AUM crosses Rs 1 lakh crore, up 50x in 10 yearsMotilal Oswal Asset Management Company has announced its assets under management (AUM) have surpassed Rs 1 lakh crore as of August 26, 2024...
Monarch Networth Capital announces closure of third AIF fundraising Rs 729 croreThe collective assets under management (AUM) of MNCL currently stand at over 1,000 crore, the fund said. MNCL is also likely to launch a Po...
Portfolio management services flourish amid rising investor interest from Tier-I, -II regionsIn the current fiscal year, ICICI Pru has garnered one of the largest net inflows of Rs 5,518 crore between April 2023 and February 2024 ac...
PMS companies told to share anti-money laundering policiesBesides senior professionals figuring in the high net worth individual (HNI) investor club, several Bollywood actors, cricketers, as well a...
PMS asset base rises 15% to nearly Rs 25 lakh crore in June"Given India's high growth and young population, the same factors will continue to drive growth going forward. There is still a significant...
Sebi asks large PMS providers to submit detailsAbout a week ago, the Securities Exchange Board of India (Sebi) asked some of them to disclose details related to various schemes as on Feb...
Birla Sun Life AMC crosses Rs 1,000-crore AUM mark under PMSThe company's acquisition of ING Investment Management (India) Private Limited, around a year back, has helped it to achieve this feat.