Why Now Is The Right Time To Avail PMS Advisory Services

Investments come with a certain risk. Higher the risk, higher the profit is the general notion that exists around us. However, there are several people and organizations that specialize in managing funds and assessing the current as well as the future market conditions.

Before we tell you why now is the right to avail PMS advisory services, let’s first understand what PMS means:

Portfolio Management Service:

A Portfolio is a collection of all the investments held by a person or an organization. There are professionals who evaluate your investments and manage it to ensure maximum returns. Along with this, portfolio management services in India are also responsible for mitigating risk, and suggesting funds that help the person fulfill their financial goals.

For example, if a person is investing with the objective of retiring at 60, then the advisor will recommend him the best investing instruments. When you hand over your portfolio to an expert portfolio advisor, you don’t have to worry much. They will ensure that the market fluctuations don’t cause any loss to your savings.

The process of Portfolio Management:

A portfolio manager has the right skills to handle your portfolio and thus, when you hand it over to them, your funds are safe, as compared to managing it yourself. They are in the business of managing funds and thus, they understand the market better than you do.

Investment conditions:

No matter which PMS advisory service you go to, the PMS investment manager does not guarantee you profits. At the end of the day, investments are subject to market risk and hence, you may be required to sign an undertaking that states if any losses are incurred during the tenure of portfolio management, neither the advisory and nor the manager will be personally liable.

Every investor has a dedicated manager who is responsible for handling the investment as well as answer to the customer’s query. So, if you want to know the status of your investments or how are they faring, then you can reach out to them anything during the official working hours.

At the end of every month or quarter, your PMS advisory will send you the progress report of your funds, along with recommendations and changes. This way, you are constantly in the loop of knowing where your money is being invested.

Minimum investment:

While most of the brokers have a minimum ticket size, it varies from one broker to another. It can be anywhere between Rs. 5,00,000 to Rs. 25,00,000. However, there is no upper limit on this. Also, KYC is mandatory during PMS investment. So, if you are planning to avail portfolio management services in India, make sure you do your KYC.

Fee structure:

The fees of a PMS advisory service varies from one firm to the other, they do have standard fees which is a certain percentage of your profit. You are not under the obligation of continuing for years. You can stop availing their service whenever you want, but it is advised not to do so. All PMS investment management companies must adhere to the guidelines laid down by SEBI.

So, be rest assured, your funds are in the right hands if you collaborate with a reliable portfolio management service provider in India.

I actively follow mutual funds, the fund manager and the stock market.