The record
Written by software from the 1 report below. The points restate them; where one says why it matters, that is Prism's reading, not a reported fact.
- The Securities and Exchange Board of India approved a new Portfolio Managers’ Route for Investing in Mutual Fund Units.
- Portfolio managers can now offer investment approaches focused on mutual funds, ETFs, index funds, and specialized investment funds with a minimum investment of Rs 25 lakh.
- This framework aims to address investor challenges related to portfolio construction, asset allocation, and rebalancing.
- Professional managers will now assume responsibility for these decisions to improve investor outcomes.
What to watch next
- Industry adoption of the new PRIM framework
- Impact on portfolio construction and asset allocation strategies in the PMS sector
Who said what2
Only words found exactly in the article are shown, attributed and linked to the line they came from.
Vikas Khemani
Chairman, Association of Portfolio Managers in India
1 quote · 1 outlet
“the SEBI board's decision marks a significant step forward for the PMS industry.”
In the article
…FPI play in non-agri commodity derivatives, expands scope of PMSPMS access widens through mutual fund routeCommenting on the development, Vikas Khemani, Chairman, Association of Portfolio Managers in India (APMI), said the SEBI board's decision marks a significant step forward for the PMS industry. According to Khemani, allowing portfolio managers to offer mutual fund and SIF-based strategies at a Rs 25 lakh ticket size could widen access to professionally managed portfolios while keeping the framework within a…
Sandeep Jethwani
Co-founder, Dezerv
1 quote · 1 outlet
“PRIM changes this by putting these decisions with a regulated portfolio manager”
In the article
…and portfolio-construction issues, including investors entering funds after periods of strong performance, holding overlapping funds, misallocating capital or struggling to remain invested during market volatility." PRIM changes this by putting these decisions with a regulated portfolio manager ," Jethwani said, adding that the framework creates clearer accountability for fund selection, allocation, rebalancing and navigating market cycles.MF-only PMS model gets regulatory recognitionThe move could also…
Coverage1
All filed from India
Named India · Association of Portfolio Managers in India · Dezerv · Sandeep Jethwani · Securities and Exchange Board of India · Vikas Khemani
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