Portfolio Management Services — or PMS — is basically when someone smarter with money handles your investments for you.

You give them a chunk of your capital. They build a custom plan around your risk level, your goals, and how much involvement you want. That’s it.

There are 2 types:

  • Discretionary PMS: You hand over full control. The fund manager takes care of everything. You don’t make decisions — they do.
  • Non-Discretionary PMS: You get advice, but you make the final call. It’s more like guided investing, not full control.

Why some people choose PMS:

  • They don’t want to manage portfolios themselves.
  • They trust experienced managers more than their own instincts.
  • They want something tailor-made — not a basic mutual fund.
  • They want regular updates without micromanaging.

This isn’t for everyone. Most PMS plans need a higher starting amount — ₹50 lakh or more. But if you’re serious about long-term investing and want pros to handle it, this is worth looking into.

Still not sure? No problem. Let’s talk. No pressure. Just real answers.