Portfolio Management Services or PMS is a special and professional service which is provide by a broker or a qualified fund managers to their customers, where the skilled professional stock market managers manage customers equity stocks with the help of the research team. Many of the customers have stocks in their Demat Account but few of them can handle their stock and portfolio smartly, PMS is a systematic type of the investment which supports to customer for the maximizing the profit with minimizing the risk.
If a customer want to make a strong portfolio within their investment, it can be challenging for the individual investor. Investor needs advance knowledge and logical strategies regarding stock market which can be difficult for individual investor. where the fund managers and their research team can make it easily.
Once you choose the option of PMS then a individual Demat account will be open with linked to a separate bank account will be open. and the transaction of the shares will be done with the name of individual customer, and also all the investments made with individual customer name, and these shares are held in customer name.
Portfolio Manager have authority means power of attorney over this bank account and demat account, then customer can access their demat account anytime and can check their investment anytime.
PMS is like a mutual funds where fund managers can decide to that where customers money have to invest in which funds they can give retunrs to the customer as per their expectations.