Try GOLD - Free
PMS assets double in 5 years, hit ₹32L cr
Financial Express Delhi
|June 30, 2025
THE INDIAN STOCK market's recent surge has investors flocking to discretionary portfolio management services (PMS) in search of higher returns.
Over the past two years, the number of investors in discretionary PMS has jumped a staggering 58%, from 1.22 lakh in April 2023 to 1.92 lakh in April 2025. This influx of new investors has led to a significant increase in assets under management (AUM) of PMS, which has surged 37% from ₹23.5 lakh crore to ₹32 lakh crore during the same period. In April 2020, the AUM was at ₹15 lakh crore.
"We're seeing two main types of clients gravitate toward PMS. Those with sizable mutual fund exposure wanting something sharper and more bespoke, and direct equity investors seeking professional oversight after mixed results with self-managed portfolios," said Anand Shah, CIO – PMS & AIF at ICICI Prudential AMC.
Post-2020, a large influx of new investors entered the market, driven by increased financialisation and digital access. However, after facing market corrections in 2023, many investors began seeking expert-managed solutions, such as PMS and mutual funds.
This story is from the June 30, 2025 edition of Financial Express Delhi.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Financial Express Delhi
Financial Express Delhi
Global deforestation slows, but fires remain a big threat
Destruction due to wildfires consumed 26 mn acres in 2025
3 mins
May 03, 2026
Financial Express Delhi
Lone Indian film to light up Cannes
While an FTII student production represents Indian cinema at the upcoming Cannes Film Festival, Nepal makes a grand entry with its first-ever feature film
2 mins
May 03, 2026
Financial Express Delhi
Iran offer rejected by Trump
AN IRANIAN PROPOSAL so far rejected by US President Donald Trump would open shipping in the Strait of Hormuz and end the US blockade of Iran while leaving talks on Iran's nuclear programme for later, a senior Iranian official said on Saturday.
1 min
May 03, 2026
Financial Express Delhi
No prior nod for BRICS Bank investments: Govt
THE GOVERNMENT, WHILE notifying rules affirming prior government approval for Foreign Direct Investment (FDI) from countries sharing land borders with India, has kept the New Development Bank (NDB) or BRICS Bank out of this regime.
1 min
May 03, 2026
Financial Express Delhi
It's a Hollywood summer in Indian cinemas
Stellar line-up of global films, but Bollywood tepid
1 min
May 03, 2026
Financial Express Delhi
Mitigating costs of start-stop war
People queue outside an LPG gas cylinder agency to secure cooking gas refills in New Delhi
2 mins
May 03, 2026
Financial Express Delhi
W Asia war may double CAD
INSURANCE AND FREIGHT costs, once elevated, may not quickly return to pre-February 28 levels because of persistent uncertainty.
1 min
May 03, 2026
Financial Express Delhi
Hollywood summer in Indian cinemas
SOME MID-SEGMENT dramas and rom-coms lined up for May and June include Raja Shivaji, Daadi Ki Shaadi, Ek Din, Kartavya, Hai Jawani Toh Ishq Hona Hai, Cocktail 2, to name a few. But the high-octane action and star-driven spectacles like Yash’s Towic and Shah Rukh Khan's King are expected to release later in the year.
1 mins
May 03, 2026
Financial Express Delhi
At home in Venice
India returns to the Venice Biennale, the world’s grandest art stage
3 mins
May 03, 2026
Financial Express Delhi
W Asia war might double CAD: CEA
INDIA’S CURRENT ACCOUNT deficit (CAD) could more than double to 2% or higher of GDP in FY27 from below 1% in FY26, while the fiscal deficit target of 4.3% will come under pressure due to the West Asia conflict, chief economic adviser VAnantha Nageswaran said on Saturday, reports FE Bureau.
1 min
May 03, 2026
Listen
Translate
Change font size