Two such compelling investment vehicles that are gaining traction among the tribe of HNIs are Portfolio Management Services (PMS) and Alternative Investment Funds (AIFs). This rising interest is exemplified by the growth of the alternative industry. The Indian alternative investment market currently boasts an asset size of ₹12 trillion (₹12 lakh crore), with approximately ₹5 trillion (₹5 lakh crore) managed by PMS providers and around ₹7 trillion (₹7 lakh crore) overseen by AIFS.
More than the basic
PMS is basically an offering that enables investors to utilise the expertise of skilled investment professionals who manage their equity portfolio. AIF, on the other hand, is a pooled investment vehicle that invests in a range of alternative investments, defined as investments that are different from traditional asset classes like pure debt or equity. The market offers a wide range of PMS schemes and three distinct categories of AIFs. Category I AIFs focus on investing in start-ups, small and medium-sized enterprises (SMEs), and social ventures. Category II AIFs are close-ended private equity, real estate, or special situation funds that primarily invest in unlisted companies. On the other hand, Category III AIFs employ complex investment strategies to invest in both listed and unlisted securities. While the minimum investment limit for PMS stands at ₹50 lakh, it increases to ₹1 crore for AIFS.
Distinct advantages of investing in PMS and AIFS
Diese Geschichte stammt aus der June 2023-Ausgabe von Outlook Business.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der June 2023-Ausgabe von Outlook Business.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
NATURE BECKONS
When not busy at work, Naivedya Agarwal, co-founder and CEO of manufacturing start-up Runaya, indulges in activities that keep him close to nature, like wildlife photography, safaris, flying and holidays at beaches and the hills
Combining Minimalism and Material Responsibility for Timeless Furniture Pieces
Leading Furniture Industry with Inspiring Innovation, Sustainability, Customization, and Collaboration. EK Designs creates designs with honesty and transparency upholding the strict quality norms.
Participation Over Dictation Leads to Excellence: Girish Avansta
Accellor's innovative Al-backed designs are a result of the whole-hearted participation of every employee
Leading the Charge in Digital Transformation by Pioneering the Future of Enterprise Automation
Areteans is Revolutionizing Business Automation and AI Integration
Recognizing MSME Excellence and Charting the Future: Insights from Outlook Business Spotlight Awards 2024
MSMEs are the \"unsung heroes who keep our industries humming and our dreams soaring.
"Sustainability is an Essential Component of Lubrizol's Corporate DNA"
Bhavana Bindra, Lubrizol's dynamic Managing Director, shares her views on sustainable growth and Lubrizol's impact in India.
Modernizing Mobility: India's Need For A Smarter And Sustainable Passenger Transportation Solution
India is at the forefront of a transformative wave of urbanisation. To combat climate change and urban pollution, upgrading infrastructure and embracing sustainable mobility, particularly in efficient mass transportation systems is an imperative.
Bank Imbalance
As investors turn to more lucrative options, banks in India are seeing sluggish growth in deposits. With a limited arsenal to compete with high returns available elsewhere, they are struggling to balance deposits with the amount of loans they are handing out
Restoring Degraded Lands: Natural Farming Shows The Way
As we approach World Environment Day, it is important to acknowledge that we are in a climate 'poly-crisis' a series of interconnected and compounding crises across sectors.
Powering A Sustainable Future
By establishing a dedicated network for renewable energy transmission, the Green Corridor Project not only addresses the challenges of integrating clean energy sources but also contributes to land revitalisation