Alternatively, do you fail to devote sufficient time in reshuffling your investments in line with the changing dynamics or hold many dormant stocks and find it difficult to take a call on these stocks now?
Then the best solution is to avail of portfolio management service (PMS). Portfolio management advisors not only help you protect your investments, but also help generate higher returns.
Of course, a lot depends on your risk profile. The PMS sector has been booming over the last three years on excellent returns generated by portfolio managers even in a dull market.
Why PMS?
It is a known fact that managing investments these days, whether it be stocks or bonds, has become very complex and requires full-time attention.
Moreover, modern financial markets are characterised by increased volatility and strong global linkages.
This, in turn, results in constantly changing risk-reward relationships. Professional investment managers are better placed to steer through these complex, volatile and dynamic times.
Advantage of PMS over MFs
PMS is a better product compared to mutual funds. According to Sharad Shukla, head of investment advisory service at IL&FS Investsmart,
