Portfolio Management Services (PMS) in India
Wealth Management
for HNIs
What are Portfolio Management Services?
Professional Management
SEBI-registered Portfolio Manager manages your individual portfolio of stocks and securities
Personalised Strategies
Each investment decision is customised to your risk profile, financial goals, and investment horizon
Direct Ownership
Unlike mutual funds, in PMS every stock is held directly in your demat account
Curated for HNIs
Minimum SEBI-mandated investment threshold of
₹50 lakhs
Why Choose PMS Investment in India?
PMS is designed for investors seeking personalised, high-conviction investment strategies with full portfolio transparency
- Strict regulatory oversight ensures complete transparency in holdings, transactions, and reporting
- Direct stock ownership in your name, full visibility, no pooled fund structure
- Potential for alpha generation through active stock selection.
- Customized portfolios aligned with investor goals.
- Investment strategy based on risk profile.
- Customized asset allocation and goals.
PMS is designed for investors seeking personalised, high-conviction investment strategies with full portfolio transparency
- Managed by experienced portfolio professionals.
- Dedicated support and reviews.
Mirae Asset Sharekhan Prime Picks
Where Quality Meets Alpha
A dual-portfolio PMS strategy built for long-term wealth creation with calibrated risk
Sector-agnostic
Equity investing anchored in
multi-year structural themes
3 Risk-based Allocations
Conservative, Moderate, and Aggressive
2 portfolios in 1
Quality compounders for stability,
Alpha picks for growth
In-house Research
No reliance on third-party calls, research drives every idea
3 Risk-based Allocations
Conservative, Moderate, and Aggressive
Transparent
performance tracking
Benchmarked against Nifty 50 TRI and BSE 500 TRI
How to Invest in PMS India
Get started in 5 simple steps – from suitability profiling to portfolio creation
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Need Assessment
Discuss your goals, risk appetite, and investment preferences with an expert
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KYC & Agreement
Complete SEBI-mandated KYC and sign the Portfolio Management Agreement
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Fund Transfer
Transfer minimum ₹50 lakhs of your funds or securities to a separate demat account
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Portfolio Construction
Portfolio built by Portfolio Manager with Research inputs adjusting for your investment mandate
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Ongoing Management
Active rebalancing, regular reporting, and quarterly reviews with your RM
Why Mirae Asset Sharekhan for Portfolio Management Services India?
Backed by global Mirae Asset Financial Group with USD 800 Bn+ Client AUM, we are a trusted Indian brand
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4,000+
Outlets
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900+
Cities
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₹3 Lakh Crore+
Client AUM
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32 Lakh+
Customers
How Does PMS Work? – Investment Methodology
A dedicated Portfolio Manager builds and manages a customised equity portfolio for you
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HNIs commit capital above the SEBI-mandated minimum of ₹50 lakhs into a customised, separately managed account
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Portfolio Manager allocates across high-conviction stocks, actively monitors, and rebalances based on market conditions and your investment mandate
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Investors benefit from returns via capital appreciation, dividends, and strategic profit booking – with full transparency at every step
PMS vs MF
Clear Comparison
Portfolio Management Services
Mutual Funds
Tax Treatment
Equity-Oriented PMS
Gains are taxed directly in the investor's hands, as securities are held in their own name
- Short-term capital gains (STCG) on equity holdings sold within 12 months, taxed at 20%
- Long-term capital gains (LTCG) on equity holdings held beyond 12 months taxed at 12.5%, with gains above ₹1.25 lakh exempt per financial year
Debt and Non-Equity PMS
Gains taxed as per the investor's applicable income tax slab, regardless of holding period
Eligibility - Who Should Invest in PMS?
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HNI investors with ₹50 lakhs+ investable corpus
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Business owners seeking professional, dedicated wealth management
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Retired professionals building income-generating portfolios
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Family offices requiring customised multi-asset management
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Salaried HNIs with ESOPs, bonuses, or inheritance to invest
Schedule a meeting with us
Minimum ₹1 crore investment
PMS FAQs
SEBI mandates a minimum investment of ₹50 lakhs for Portfolio Management Services in India. At Mirae Asset Sharekhan, we offer comprehensive PMS starting at this threshold with full-service support including a dedicated Relationship Manager.
In PMS, you directly own each security in your demat account with a fully personalised strategy. Mutual funds pool investors' money with standardised strategies. PMS offers greater customisation, transparency, and control, but requires a higher minimum investment of ₹50 lakhs.
PMS fees include a fixed management fee (typically 1 to 2.50% per annum) and a variable option with a combination of fixed management fees and performance fee above a pre-agreed hurdle rate. All fees are transparently disclosed in the Portfolio Management Agreement and SEBI Disclosure Document before onboarding.
PMS gains are taxed at the investor-level directly: PMS capital gains are taxed based on the specific asset class and holding period. For Equity PMS: Short-Term Capital Gains (STCG) at 20% and Equity Long-Term Capital Gains (LTCG) at 12.50% above ₹1.25 lakhs. Each trade is reported individually in your ITR, unlike mutual fund NAV-based taxation on redemption. For Debt PMS, capital gains are taxed based according to individual income tax slab rate, regardless of the holding period.
Yes. Mirae Asset Sharekhan is registered with SEBI as a Portfolio Manager under SEBI (Portfolio Managers) Regulations, 2020. We comply with all SEBI disclosure norms, reporting requirements, and investor protection guidelines. Further, Mirae Asset Sharekhan is an APMI-registered PMS distributor. Our third-party PMS is also registered with SEBI as a Portfolio Manager under SEBI (Portfolio Managers) Regulations, 2020
PMS is suited for investors with a large investment corpus who want a personalised approach, are comfortable with market fluctuations, and have the capacity to manage the taxation at the transactional level.
Yes, you can track your portfolio through regular reports and updates from the portfolio manager.
You should consider factors such as the portfolio manager’s track record, investment strategy, risk approach, and transparency before making a decision.
