Invest Universe offers Portfolio Management Services (PMS) for investors who are looking for a more concentrated, actively managed, and personalised approach to equity and debt investing than what pooled vehicles like mutual funds typically offer. Our PMS is managed under registration with the Securities and Exchange Board of India (SEBI) in accordance with the SEBI (Portfolio Managers) Regulations, 2020.

1. What is Portfolio Management Services?

A Portfolio Management Service is a professionally managed investment service in which a SEBI-registered Portfolio Manager invests and manages a client's funds and securities on an individual basis, in line with the client's investment objectives and risk profile. Unlike a mutual fund, where money from many investors is pooled into a common scheme, a PMS account is held and managed separately in the client's own name (or in some structures, pooled for specific strategies as permitted under SEBI regulations), allowing for a more customised and concentrated portfolio.

2. Types of PMS We Offer.

1. Discretionary PMS – The Portfolio Manager independently manages the client's funds and takes investment decisions as per the agreed strategy and mandate, without requiring the client's approval for each individual transaction.


2. Non-Discretionary PMS – The Portfolio Manager suggests investment ideas and strategy, but executes transactions only with the client's prior approval for each trade.


3. Advisory PMS – The Portfolio Manager provides investment advice on the client's portfolio; the client (or their designated broker) is responsible for execution.

[Please confirm which of the above services you actually offer, and remove the others.]

3. Who is PMS Suitable For?

PMS is designed for investors seeking a concentrated, actively managed portfolio and who are comfortable with the risks that come with fewer holdings compared to a diversified mutual fund. As per SEBI (Portfolio Managers) Regulations, 2020, the minimum investment amount per client for availing PMS is ₹50,00,000 (Rupees Fifty Lakh) or such other amount as may be specified by SEBI from time to time. [Confirm current SEBI-mandated minimum and any higher minimum you apply for your strategies.]

4. Our Investment Approach.

[Describe your actual investment philosophy and strategy/strategies here – for example: large-cap focused, multi-cap, sector-specific, value investing, growth investing, fixed income, etc. Include the number of stocks typically held, investment horizon, and benchmark used for each strategy, if applicable.]

5. Fees and Charges.

As per SEBI regulations, PMS fee structures may include a combination of the following, as agreed with each client in the Portfolio Management Agreement:

• Fixed Management Fee (charged as a percentage of Assets Under Management, typically on an annual basis)


• Performance-linked Fee (charged only on returns generated above a pre-agreed hurdle rate, subject to a high-water mark)


• Other charges such as custodian fees, brokerage, depository charges, audit fees, and applicable statutory/regulatory charges, as disclosed in the Disclosure Document

[Insert your actual fee structure/slabs here. Full fee disclosure is a mandatory part of the SEBI Disclosure Document, which must be provided to every client before onboarding.]

6. How to Get Started.

1. Get in touch with our team to discuss your investment objectives, risk appetite, and investment horizon.


2. Complete your KYC and provide the necessary onboarding documents (PAN, address proof, bank details, and other documents as required under KYC norms).


3. Review and sign the Portfolio Management Agreement along with the mandatory SEBI Disclosure Document, which sets out the fee structure, risk factors, and terms of service in detail.


4. Fund your PMS account, after which your portfolio will be constructed and managed in line with the agreed strategy.


5. Track your portfolio performance through periodic statements and reports shared as per SEBI-mandated reporting timelines.

7. Risk Factors.

Investment in securities is subject to market risk, and there is no assurance or guarantee that the objectives of the Portfolio Management Service will be achieved. Past performance of the Portfolio Manager, if any, is not indicative of future performance. The value of the portfolio can go up as well as down depending on various market factors. Investors are advised to read the Disclosure Document carefully, including the specific risk factors associated with each investment strategy, before making an investment decision.