PMS / AIF FAQs
Common questions about PMS / AIF, answered in plain language.
Who can invest in PMS and AIF?
Investors who can meet the minimum investment set by SEBI — ₹50 lakh for Portfolio Management Services and ₹1 crore for Alternative Investment Funds — and who understand the higher risks involved.
How is PMS different from a mutual fund?
In a PMS the shares are held in your own demat account, the portfolio is usually more concentrated, and fees often include a share of profits. A mutual fund is a pooled, diversified vehicle with lower minimums and daily liquidity.
Can I withdraw from an AIF at any time?
Often not. Many AIFs are closed-ended with a fixed tenure of several years. Check the private placement memorandum for the lock-in and exit terms before you invest.
How do I compare providers?
Look at the strategy, the team, performance across full market cycles, fees and the disclosure document — not recent returns alone. We share these documents for the providers we work with. Read more on our AIF & PMS page.
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