Portfolio Management Services
Professional, SEBI-regulated portfolio management for investors who want discretionary or advisory mandates aligned to their goals, risk profile, and time horizon.
About portfolio management services
Portfolio Management Services (PMS) place your investable corpus with a licensed portfolio manager who builds and manages a portfolio of securities on your behalf—within the mandate you agree at onboarding.
Basics
What is portfolio management (PMS)?
Portfolio Management Services are offered by SEBI-registered portfolio managers who manage client assets under a formal agreement. Depending on the mandate, the manager may have discretionary authority to buy and sell securities, or may act on an advisory basis where you approve each transaction.
PMS portfolios can include listed equities, debt, mutual funds, and other permitted instruments. Unlike mutual funds, each client typically holds securities in a segregated account, and the portfolio can be tailored to your preferences where the strategy allows.
Minimum investment thresholds for PMS in India are generally higher than mutual funds—commonly starting around ₹50 lakh for equity-oriented strategies, subject to the portfolio manager's terms and regulatory requirements.
At a glance
Key takeaways
- SEBI-regulated offering—portfolio managers must be registered and follow prescribed disclosures and reporting norms.
- Customized mandates—strategies can reflect your risk appetite, liquidity needs, and investment restrictions where feasible.
- Segregated holdings—your portfolio is typically held separately from other clients, unlike pooled mutual fund units.
- Discretionary or advisory—choose whether the manager trades independently or seeks your approval per transaction.
- Higher ticket size—PMS is generally suited to investors with substantial investable surplus and long-term horizons.
- Performance-linked fees—cost structures often include management fees and may include performance-linked components as disclosed in the agreement.
Investor perspective
Who should consider PMS?
Hands-off wealth building
Investors who want professional management without day-to-day trading decisions can delegate portfolio construction and monitoring to specialists.
Personalized strategy
Those seeking a portfolio aligned to specific goals—wealth creation, income, or balanced growth—beyond standard mutual fund offerings.
Transparency & reporting
PMS clients receive periodic statements, portfolio reviews, and direct visibility into underlying holdings in their account.
Complement to core holdings
PMS can sit alongside mutual funds, unlisted equities, and fixed income as part of a broader wealth plan.
Know before you invest
Benefits and risks of PMS
Benefits
- Professional oversightExperienced managers research markets, select securities, and rebalance according to the stated strategy.
- Tailored mandatesPortfolios can reflect client-specific constraints such as sector caps, ESG preferences, or liquidity requirements where supported.
- Direct ownershipSecurities are held in your name or segregated account, offering clear ownership and tax reporting on individual holdings.
- Regular reviewsStructured review cycles help keep the portfolio aligned with changing goals and market conditions.
Risks
- Market riskEquity and hybrid PMS strategies fluctuate with markets; capital loss is possible.
- Concentration riskSome strategies may hold concentrated positions; understand the manager's style before committing.
- Fees and minimumsManagement and performance fees reduce net returns; minimum ticket sizes may limit accessibility.
- Liquidity constraintsCertain holdings or strategies may not be instantly liquid; redemption timelines depend on the PMS agreement.
PMS investments are subject to market risks. Read the portfolio management agreement, disclosure document, and related materials carefully before investing.
What we offer
PMS solutions through Dhan Kirti
Strategy selection
Shortlist equity, debt, or multi-asset PMS strategies based on your risk profile, horizon, and existing portfolio overlap.
Onboarding support
Guidance on documentation, KYC, fee structures, and mandate selection with clear explanation of discretionary vs advisory models.
Portfolio alignment
Map PMS allocations alongside mutual funds, unlisted holdings, and fixed income for a coherent overall wealth plan.
Periodic reviews
Scheduled check-ins on performance context, drift from mandate, and whether the strategy still fits your goals.
Reporting clarity
Help interpreting PMS statements, tax implications of transactions, and communication with the portfolio manager where needed.
Holistic wealth view
Integrate PMS with our broader services—from unlisted equities to other wealth solutions.
Why Dhan Kirti
Why explore PMS with us?
- Research-ledStrategy recommendations grounded in mandate fit—not product push.
- Transparent feesClear discussion of management and performance-linked charges upfront.
- Holistic planningPMS considered as part of your full balance sheet, not an isolated product.
- Ongoing supportReviews and coordination with your relationship manager over time.
- Regulatory awarenessGuidance aligned with SEBI PMS regulations and issuer disclosures.
Discuss portfolio management for your goals
Speak with our team about whether PMS suits your investable surplus, risk appetite, and long-term plan. We will help you understand mandates, fees, and suitability before you commit.