Where Data Tells the Story
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PMS is getting bigger, bolder and more flexible.
India’s Portfolio Management Services (PMS) AUM has surged from ₹18.6 trillion in June 2020 to ₹43.3 trillion in June 2026. At the same time, proposed SEBI changes could give PMS managers greater flexibility in using derivatives including 125% exchange-traded derivative exposure, subject to the proposed framework.
A growing PMS industry + greater strategy flexibility could reshape India’s alternative investment landscape. Is PMS entering its next big growth phase?