Page 2 - Pms Investors

Most portfolio management services schemes beat Nifty in June, shows data

The schemes returned 4.1 per cent on average, better than the 0.9 per cent given by the benchmark.

Half the PMS schemes trail Nifty 50 in FY21, clutchful offer 100% returns

Returns were calculated on time-weighted rate of return, which eliminates effects of inflows and withdrawals from schemes to get a clearer sense of fund manager's performance

Around 62% PMS strategies lagged Nifty50 in November, shows data

Top performing strategies included Lake Water Advisors' Lake Water (30.1%), Trivantage Capital Management's Super Six (24.8%), and Basant Maheshwari Wealth Advisers' Equity Fund (22%)

Morningstar shifts to debt, says valuations for Indian equities stretched

The firm believes that investors are relying on the benefits of future growth opportunities to stoke returns, which may not be good investor behaviour

Sebi directs PMS providers to share commission details with clients

Experts say directive will help clients understand product being offered is for commissions or merit

Covid-19: Quality PMS portfolios will help weather this downturn better

Investors who are over-allocated to the mid- and small-cap category need to switch to large- and multi-cap-oriented schemes

Coronavirus impact: IndiaNivesh shuts shop, days after closing down PMS

IndiaNivesh cited the ongoing global pandemic has that triggered an unprecedented fall in the markets coupled with the present lockdown as the reason for its decision

IndiaNivesh to wind up PMS biz, hand over assets under custody to clients

Clients can opt to liquidate shares or transfer them to their demat accounts

PMS players take a hard knock to their portfolios amid market volatility

A sizeable number of PMS schemes lean towards mid- and small-caps in their portfolio and run concentrated portfolios of 15-20 stocks

Street signs: Coronavirus scare, arbitrage opportunity in DMart, and more

Experts say people have turned averse to taking out, especially meat products, following the outbreak

How Sebi's tighter new rules protect PMS investors from mis-selling

The recent changes are also meant to reduce regulatory arbitrage between PMS and mutual funds

Small PMS players feel consolidation likely with higher minimum investment

Securities and Exchange Board of India recently increased the minimum investment in such funds from Rs 25 lakhs to Rs 50 lakhs

PMS asset growth outpaced client additions in 2019, shows Sebi data

Interestingly, the addition in clients is also slower than the 32 per cent increase seen in the previous year

Investors' body calls for better performance disclosures by PMS providers

Also wants additional action against vanishing companies, says at least 752 firms that raised money from investors can no longer be traced

How Sebi's new rules have changed the risk-return profile of PMS schemes

Fewer investors mean you will get more time with the portfolio manager and will be able to understand his investment strategy better; but there are downsides too

PMS investment is too risky, opt only if you have a large portfolio

Only those who have a large portfolio and the ability to select the right fund managers should opt for it

Want to have an exposure to foreign markets? Here's one more option for you

Over the next three-four years, it aims to grow its PMS AUM (assets under management) size to Rs 1,000 crore.

Ask PMS for quarterly audited statement of transactions in your account

This will make it easier for you to calculate your tax liability and pay it on time

'Buyers beware' remains the mantra for PMS investors

Portfolio management services offer an exclusive and customised product to the well-heeled but the latter need to be on guard while investing in these