Entries Categorized as 'PMS'

SEBI Pushes PMS Minimum To 25 Lakh

Date January 28, 2012

The Securities and Exchange Board of India, the market regulator, has upped the minimum investment in Portfolio Management Services (PMS) to Rs. 25 lakh. The earlier minimum was Rs. 5 lakh. This applies immediately for new clients; for existing ones, additional investments need to top up to at least Rs. 25 lakh. Many brokerages and [...]