PMS entry limit hiked to 25 lakhs


The Securities and Exchange Board of India (SEBI) on Saturday decided to hike the minimum investment limit in the portfolio management scheme (PMS) to Rs 25 lakh per client from the current Rs 5 lakh. This may result in portfolio management services soon going out of the reach of many retail investors.
http://www.thehindubusinessline.com/markets/stock-markets/article2839974.ece

 

 

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