Portfolio Management Services (PMS) is investment option in which you appoint fund manager to manage your funds
In a PMS, the portfolio is generally much smaller in assets and is much more concentrated with lesser number of stocks than equity mutual fund schemes. The biggest advantage of PMS is the way they are allowed to operate.
Confused whether to choose Portfolio Management Scheme or Mutual Funds? Anil Rego, Founder & CEO of Right Horizons Financial Services makes an easy distinction between the two.