Portfolio Management Services (PMS) types-
- Discretionary:-
Under these services, the selection of stocks as well as the timings of the investment decisions are discretionary with the Portfolio Manager.
- Non Discretionary :-
Under these services, the portfolio manager only suggests the investment ideas. The selection of stocks as well as the timings of the investment decisions are non-discretionary with the portfolio Manager and remains with the Investor. However, the execution of trades are done by the portfolio manager.
- Advisory :-
Under these services, the portfolio manager only suggests the investment ideas. The selection of stocks executions and timings of the investment decisions remains with the Investor.
