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Blog, Company Law
September 10, 2026

PMS vs AIF vs Mutual Funds – Pooling | Minimum Investment | Lock-in

Category III AIF against PMS and mutual funds on pooling, minimum investment, corpus, lock-in, investor cap and manager commitment, with full comparison tables.

Blog, Company Law
September 10, 2026

PMS Disclosure Document and Client On-boarding – Simplified Format 2025 | KYC | MITC

SEBI’s September 2025 simplified disclosure document in two parts, the on-boarding sequence, KYC and FATCA, direct on-boarding and the MITC document.

Blog, Company Law
September 10, 2026

Types of Portfolio Management Services – Discretionary | Non-Discretionary | Advisory

PMS is classified three ways in India: by who provides it, by the asset class it invests in, and by how much control the client keeps. The third classification is the one the SEBI regulations turn on.

Blog, Company Law
September 10, 2026

PMS Fees and Charges – High Water Mark | Hurdle Rate | Exit Load

What a PMS client actually pays, item by item: management fee, custodian fee, brokerage at actuals, the 0.50% operating expense cap, graded exit loads, and how the high water mark and hurdle rate decide whether a performance fee arises at all.

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