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Portfolio Management Services · SEBI PMS Regulations, 2020
PMS Advisory PMS

Advisory PMS

The Portfolio Manager solely provides investment advice and research recommendations. The client evaluates the advice independently and is responsible for executing all trades in their own account. The manager has no transactional authority whatsoever.

Key Characteristics
  • Manager offers research, ideas, and recommendations only
  • Client independently evaluates and executes all trades
  • Manager has zero transactional authority
  • Lowest cost structure — advice fee only
  • Maximum client control and self-directed execution

Who It Suits

Sophisticated, self-directed investors who want institutional research but prefer to make and execute all decisions themselves.

Minimum Investment

SEBI mandates a minimum investment of ₹50 Lakhs per client across every PMS mandate type, including advisory pms. Unlike a pooled fund, PMS investors hold the underlying securities directly in their own demat account. For comparison, an Alternative Investment Fund requires a minimum commitment of ₹1 Crore — see PMS vs AIF vs Mutual Fund.

Advisory PMS Strategies

No advisory pms strategies are listed on the platform yet. Browse every registered PMS and AIF strategy in the fund explorer.

Other PMS Mandate Types