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.
You might be confused about associating with the best PMS companies; we got you! The next section will sort that confusion.
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:
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
Next Trillion-Dollar Opportunity
The return performance of the company has beaten the returns for ten year Mutual Fund investments.
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.
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:
Flexi Cap Portfolio
Large Cap Portfolio
Thematic Portfolio Strategy
The client doesn’t have the liberty to choose a strategy according to his/her convenience, but the returns are pretty decent.
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.
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
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
Motilal Oswal PMS
ICICI Prudential PMS
Birla Sunlife PMS
NJ Advisory PMS
PMS Companies in Mumbai
Some of the topmost Portfolio Management Services companies operating in Mumbai are listed below:
Shree Shares & Finance
Sykes and Ray Financial Planners
Angel Broking Pvt. Ltd.
Adyanta Financial Consultancy
Shree Balaji Investment
Motilal Oswal Securities Ltd
PMS Companies in Chennai
Some of the top PMS companies operating in Chennai are listed below
Profitmart Securities Pvt Ltd
Motilal Oswal Securities Ltd
Prasad Financial Services
Bright Vision Investment Services
Venture Securities Limited
KCS Wealth Management
Insure Gain Dot Com
Goodwill Comtrades Pvt Ltd
PMS Companies in Pune
Some of the famous PMS companies operating in Pune are listed below
Sky Avenue Pvt Ltd
V G Investments
Rajesth and Associates
Angel Broking Pvt Ltd
Smita Investment Services
Ventura Securities Ltd
AIF & PMS Advisors India Pvt Ltd
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.
In case you are looking to use Portfolio Management Services, let us assist you in taking the next steps forward. Just fill in some basic details in the form below: