The Securities and Exchange Board of India (Sebi) may introduce a new asset class for investors — Mutual Fund lite. The newest asset class is expected to bridge the gap between mutual funds (MFs) and portfolio management services (PMS). As per a report in Hindu Businessline, the Sebi board is expected to deliberate on the … Read more
The new asset class proposed by the Securities and Exchange Board of India (Sebi) is anticipated to introduce innovative investment products and styles into the market. This development may potentially incentivize certain investors to transition away from current high-risk products such as portfolio management services (PMS) and alternative investment funds (AIFs). This move aims to … Read more
The Securities and Exchange Board of India (Sebi) on Tuesday brought in a consultation paper on introduction of ‘New Asset Class’. The main objective of creating a new product, which is somewhere in between mutual funds and portfolio management services (PMS), is to address the needs of investors with higher risk-taking capabilities and a higher … Read more
High net-worth individuals (HNIs) in India coming largely from entrepreneurial backgrounds like to feel that they’re involved in managing their portfolios, which has led to the rise in overall assets under management (AUM) of the portfolio management services (PMS) industry, says Nitin Raheja, Executive Director, Julius Baer India. Portfolio management services come bundled with curated … Read more