Amid turbulent times, even star PMS fund managers are losing money in stocks

Amid turbulent times, even star PMS fund managers are losing money in stocks

With multiple global macro headwinds creating a perfect storm for the domestic equity market, almost 85 per cent of PMS funds, used by HNIs to park their surplus funds, failed to beat Nifty in May. Only one recently-launched PMS scheme managed to eke out a return out of over 280 schemes on offer. Green Portfolio’s … Read more