Portfolio Management Services
An article in Business Standard - Portfolio managers` kitty shrinks 25% as stocks wilt - offers interesting data:
- Securities and Exchange Board of India-registered PMS providers have a market of around Rs 10,000-15,000 crore, . . .
- . . . while the share of unregistered PMS operators could be at least 5 times more than that of the official players.
- Some small-sized brokerages and investment advisors are, in fact, offering PMS at a lower price of around Rs 25,000.
PMS-controlled asset base of Rs 60,000 - Rs 100,000 crores is no chump change!
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