AND Fintech Blog

₹50 Lakhs: Why SEBI Set the PMS Entry Bar Where It Did

₹50 lakhs. Not a rupee less. SEBI's minimum for Portfolio Management Services isn't a pricing decision by fund hous...

PMS Taxation Explained: What Every Direct Equity Investor Already Knows

Here's the simplest way to understand PMS taxation: If you hold direct equity today, you already know the rules. All ...

The 10% Rule Mutual Funds Must Follow - And Why PMS Doesn't

Here's a constraint most investors have never thought about. When a mutual fund manager develops absolute conviction ...

How PMS Fees Actually Work: Fixed, Variable, and High Watermark Explained

Ask most investors what their PMS charges, and you'll get the headline number. Ask them how the performance fee is ...

TWRR Decoded: What PMS Return Figures Include - And What They Don't

Every PMS return figure published in India - on any dashboard, in any report - is the same type of number, calculated th...