NISM Certifications · NISM-Series-X-A: Investment Adviser (Level 1) · Portfolio Manager
Under the SEBI (Portfolio Managers) Regulations, 2020, what is the minimum amount a client must bring in when investing with a portfolio manager under the regular (non-accredited) route?
The minimum investment per client with a portfolio manager is Rs 50 lakh, which may be in cash, securities or both. This floor was set by SEBI to ensure that portfolio management services serve investors with larger capital, so smaller amounts are not permitted.
- ARs 10 lakh
- BRs 25 lakh
- CRs 50 lakhCorrect
- DRs 1 crore
Explanation
The regulations set the minimum investment per client at Rs 50 lakh, either in funds or securities, or a combination of both. Lower amounts such as Rs 10 lakh or Rs 25 lakh are below the prescribed floor. Rs 1 crore is not the regulatory minimum.
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