Direct ownership
Portfolio Management Services
A portfolio built for one investor, held in your own demat account.
In a PMS, a SEBI-registered portfolio manager runs a tailored securities portfolio for you alone — you own every stock directly, see every transaction, and hold it all with an independent custodian. Minimum investment is ₹50 lakh.
Layer 4 of 6 in the access spectrum
How it works
Profile and agreement
Risk profiling and KYC first, then a PMS agreement that sets the mandate — discretionary or non-discretionary.
The manager builds
Your account is funded and the manager constructs the portfolio position by position, within the agreed mandate.
Independent reporting
A custodian holds the securities and reports performance in SEBI's standardized format — you evaluate the manager on audited numbers.
Who this is for
HNI investors who want concentrated, conviction-led portfolios
Families that value direct ownership and line-by-line transparency
NRIs investing through NRE/NRO accounts
Investors diversifying beyond pooled fund structures
Two mandate types
Discretionary
The manager decides and executes within the mandate
Non-discretionary
The manager recommends; you approve each trade
Good questions
Asked at almost every first meeting
The honest answers, before you even have to ask. Anything else — that's what the first conversation is for.
You do. The portfolio sits in your own demat account with an independent SEBI-registered custodian — the manager has authority to transact under the agreement, but ownership and visibility stay with you, line by line.
Yes — the ₹50 lakh minimum can be met with cash, existing securities, or a mix. Managers typically realign transferred holdings to their strategy over time.
Managers charge a fixed fee, a performance-linked fee above a hurdle, or a hybrid of both, all set out in the PMS agreement before you sign. We help you read the fee schedule and exit terms before any commitment.
Plain-spoken risk
What can go wrong
Every instrument on this page is market-linked or carries its own constraints. You should know them before you commit — here they are, without the fine-print font size.
PMS portfolios are typically more concentrated than mutual funds — drawdowns can be sharper.
No assured or guaranteed returns; evaluate managers over multi-year periods.
Fees (fixed, performance-linked or hybrid) affect net returns — understand them upfront.
Portfolio Management Services do not offer assured or guaranteed returns, and past performance does not indicate future results. Sanriya Finvest is an APMI-registered PMS distributor (APRN01056); portfolio management is performed by the SEBI-registered portfolio manager, not by us.
Wondering if PMS belongs in your plan?
That depends on your goals, horizon and what you already hold — exactly the conversation we start with.
Talk to us