NISM Certifications · NISM-Series-XXI-A: Portfolio Management Services (PMS) Distributors · Role of Portfolio Managers
As per SEBI's PMS regulations, what is the minimum investment amount a client must bring in per client under the portfolio management services, for an ordinary (non-accredited) investor?
The minimum investment per client in PMS is Rs 50 lakh, which may be in funds, securities or both. This threshold was raised from the earlier Rs 25 lakh. Accredited investors can be given relaxations as specified by SEBI, but an ordinary investor must meet Rs 50 lakh.
- ARs 10 lakh
- BRs 25 lakh
- CRs 50 lakhCorrect
- DRs 1 crore
Explanation
SEBI requires a minimum investment of Rs 50 lakh per client, either in funds or securities or a combination. The earlier limit was Rs 25 lakh, which was raised. Accredited investors may be allowed lower thresholds as specified by SEBI.
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