NISM Certifications · NISM-Series-XXI-A: Portfolio Management Services (PMS) Distributors · Operational Aspects of Portfolio Managers
Under SEBI PMS regulations, what is the minimum amount a client must bring in as investment with a portfolio manager (either in funds or securities), excluding accredited investors who may be exempted?
The minimum investment per client is Rs 50 lakh, either in funds or securities. SEBI raised it from the earlier Rs 25 lakh, with accredited investors permitted to be exempted from this requirement.
- ARs 50 lakhCorrect
- BRs 25 lakh
- CRs 10 lakh
- DRs 1 crore
Explanation
SEBI revised the minimum investment per client to Rs 50 lakh. Rs 25 lakh was the earlier threshold. Rs 1 crore and Rs 10 lakh are not the prescribed minimum.
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