PMS Companies

PMS, aka Portfolio Management Services, is a service extended by various companies to assist investors or traders in making investment decisions. Multiple PMS companies offer you this facility.

In other words, you have to choose from an ocean of choices. But, without an understanding of Portfolio Management Services’ basic concept, it’ll be difficult for you to take the final call.

So, let’s discuss PMS briefly.

A portfolio contains various financial segments like equity, commodity, currency, derivatives, etc. When an investor or trader appoints a third person to invest on his behalf, it is known as availing the portfolio management service.

PMS is a service extended by brokerage firms and Asset Management Companies across India. They aim to guide the investors into building a diverse financial portfolio. They also help in reducing the client’s losses and maximize the profit margin.

This service is extended in various types to cater to a varied base of investors. Thus, make a calculated decision by choosing the correct service provider and the most suitable PMS Types.

Also, read What Is The Process Of Portfolio Management?

Wondering about Who Can Provide Portfolio Management Services? It is PMS Companies who provides the PMS Services, Let’s know about them in details.

PMS Companies in India

There are hundreds of small, medium, or large companies in India that extend the service of Portfolio Management Services. Every enterprise has its advantages and disadvantages.

Some companies offer detailed analysis while others aim to provide the best returns, good advice, least charges, smooth research platforms, and other related aspects.

It is upon the investor or trader to take a call based on his priorities and requirements.

As you walk the road towards deciding your service provider, make sure you consider every aspect – from time to amount, return percentage, etc.

Since you are planning on investing your hard-earned money as capital, you must be confident to hand it over to a third person.

A list of companies that extend the facility of PMS is as follows:

• Rakesh Jhunjhunwala PMS
• IDFC PMS
• Tata PMS
• Karvy PMS
• IIFL PMS
• Edelweiss PMS
• Reliance PMS
• Angel Broking PMS
• UTI PMS

And many more.

You might be confused about associating with the best PMS companies; we got you! The next section will sort that confusion.

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Best PMS Companies in India

Choosing the best PMS companies in India is a task in itself. So, we intend to make it easier for our readers by setting a few parameters to shortlist the top PMS companies in India.

The most significant parameters for deciding on the best PMS companies are as follows:

• Returns Performance – The rate of returns in the past few years is the indicator of its industry performance.
• Number of Clients – A significant client base speaks volumes about the service provider.
• Charges – The multiple charges levied on the investor to extend the Portfolio Management Service.
• Services and Support – The better the customer support, the more viable option a company is.
• Experience and Goodwill – The company with a more experienced fund manager will undoubtedly be preferred over others with less experience.

The seven companies that have ranked highest according to these parameters and can be called Best PMS Companies in India are discussed below:

1. Motilal Oswal PMS

Motilal Oswal is a well known full-service stockbroker and has an arm named Motilal Oswal PMS to extend portfolio management to its customers. This arm of the Motilal Oswal brand was incorporated in 1987.

It is a privately held firm that provides two types of PMS – Discretionary Portfolio Management and Non-Discretionary Portfolio Management.

The strategies followed by fund managers at Motilal Oswal PMS are:

• India Opportunities Portfolio Strategy
• Value Strategy
• Next Trillion-Dollar Opportunity

The return performance of the company has beaten the returns for ten year Mutual Fund investments.

Also Read: Motilal Oswal PMS Login

      2. Ask PMS

There’s a saying – Old is Gold. This saying is the perfect match for the Portfolio Management Service provider – Ask PMS.

It is one of the earliest licensed PMS providers in India. It was established in 1983 by Mr. Asit Koticha. Ask PMS is famous for its business model and performance in the PMS industry. 

It offers two PMS types to its customers – Discretionary and Non-Discretionary. According to the data by Ask PMS, most investors and traders prefer discretionary portfolio management over non-discretionary portfolio management.

The strategies followed by this enterprise are:

• Ask Growth Strategy
• Ask Life Strategy
• Ask Strategic Portfolio Strategy
• Ask India Select Portfolio Strategy
• Ask Indian Entrepreneur Portfolio Strategy

Ask PMS’s return performance can be judged as the best in the market of PMS. It has shown capable signs of beating the ten year Mutual Fund performances.

     3. Kotak PMS

Just like Kotak Securities, a full-service stockbroker, Kotak PMS is a subsidiary of the Kotak Bank. Kotak Bank’s impressive offline presence in India has built a brand name for Kotak products.

Kotak PMS was established in 1985 by Mr. Uday S. Kotak. It has a disciplined investing process, which reduces the risk involved by an in-depth analysis of the portfolio.

It has created a team of researchers, analysts, and portfolio managers to extend the service of two PMS types – Discretionary and Non-Discretionary. It follows three strategies in managing portfolios:

• Small and Mid-cap Strategy
• Special Situations Value Portfolios
• Pharma Focused Strategy

Kotak PMS has a record of robust return performance and has beaten the ten-year mutual fund investment return performances multiple times.

      4. ICICI Prudential PMS

ICICI PMS is a premium name in the PMS industry. ICICI has a brand value due to the offline presence of the ICICI Bank. ICICI has a subsidiary, ICICI Direct, that is a bank based full-service stock broking company.

It was established in 1995 by Mr. Nimesh Shah and is known for its investment philosophies and diversified strategies. The portfolio types offered to the customers are Discretionary and Non-Discretionary.

The strategies are put into two categories. They are as follows:

• Core Strategy
  • Flexi Cap Portfolio
  • Large Cap Portfolio
  • Contra Portfolio
  • Value Portfolio
• Thematic Portfolio Strategy
  • Infrastructure Portfolio
  • Export Portfolio

The client doesn’t have the liberty to choose a strategy according to his/her convenience, but the returns are pretty decent.

5. Birla Sunlife PMS

Birla Sunlife PMS is an influential name in the Portfolio Management Services industry as it is an arm of Aditya Birla Money. The PMS enterprise was incorporated in 1994 as a joint venture between Sunlife Financial Inc. and Aditya Birla Group.

This PMS company is known for its customized strategies for the customers. These customized strategies are based on high-level experience, in-depth research, and analysis.

The types of PMS offered to its customers are – Discretionary Portfolio Management and Non-discretionary Portfolio Management. They follow a few strategies to provide the best returns. These strategies are as follows:

• Birla Select Sector Portfolio (earlier India Reforms Portfolio)
• Birla Core Equity Portfolio (earlier Value Portfolio)
• Birla Customized Debt Portfolio

The company is known for its jaw-dropping returns and beating the ten-year mutual fund return performance.

6. Alchemy PMS

Alchemy PMS is known to be one of the largest Asset Management Companies in India. The firm is famous for its consistent results and meeting the client’s expectations.

Alchemy PMS was founded in 1999 with the joint efforts of Lashit Sanghvi, Ashwin Kedia, Rakesh Jhunjhunwala, and Hiren Ved. It offers Discretionary and Non-Discretionary portfolio management.

To categorize its investors, Alchemy PMS has four investment plans. They are

• Bronze
• Silver
• Gold
• Platinum

They follow three strategies to assist their customers. These strategies are as follows

• Alchemy Leaders
• Alchemy High Growth PMS
• Alchemy High Growth Select Stock

Although the Alchemy PMS strategies reap impressive returns, Alchemy High Growth PMS has outperformed the S&P BSE 500 for 11 times in the last 13 years.

7. NJ Advisory PMS

NJ PMS is an enterprise that offers customized Portfolio Management Services to its customers. It is based in Surat and was incorporated in 1994 by Neeraj Choksi and Jignesh Desai.

NJ PMS offers three forms of Portfolio management services – Discretionary, Non-Discretionary, and Advisory Service. These services are extended to the broad base of clients that trust the enterprise.

It has formulated four strategies to follow. They are as follows

• NJ Advisor Dynamic Stock Allocation Portfolio
• NJ Wealth Bluechip Portfolio
• NJ Wealth Dynamic ETF Stock Allocation Portfolio
• NJ India ETF Freedom Portfolio

The company has four categories of investors, which are as follows

• Bronze
• Silver
• Gold
• Platinum

The excellent team of professionals and experts has put out fantastic return performances. These performances have built a massive trust among the investors and made it one of the most trusted PMS companies.

For you, we have tabulated these companies below

 

PMS Companies in Mumbai

Some of the topmost Portfolio Management Services companies operating in Mumbai are listed below:

 

PMS Companies in Chennai

Some of the top PMS companies operating in Chennai are listed below

 

PMS Companies in Pune

Some of the famous PMS companies operating in Pune are listed below

 

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Conclusion

PMS means Portfolio Management Services, which has become an industry in itself. Many stockbrokers and Asset Management Companies extend the facility of Portfolio Management to assist the clients in reducing the risk involved in investing.

The uncertainty of the investments in the Stock Market can never be eliminated. Still, the least a fund manager can do is reduce the chances of losing the capital invested.

PMS Companies are present in large numbers across India. They can be evaluated based on a few parameters like Charges, Experience, and Goodwill, Returns Performance, Number of Clients, and Services and Support.

We hope the article helped you in shortlisting a company that you can assist you in managing your portfolio.

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