Portfolio Management Services (PMS)

Personalised portfolio management with professional expertise

Portfolio Management Services (PMS) is a customised investment solution designed for investors with higher capital and specific investment objectives. PMS is suitable for high-net-worth individuals (HNIs) and institutional investors who seek professional management of their investments with a more focused and personalised approach.

In a PMS structure, portfolios are created based on the investor’s risk appetite, return expectations, and long-term goals. In discretionary PMS, the professional fund manager takes investment decisions on behalf of the investor, following a defined investment philosophy and strategy.

Key Features of PMS

1. Professional Management
PMS offers professional portfolio management with the objective of delivering consistent long-term performance while maintaining disciplined risk control.

2. Risk Control & Discipline
A clearly defined investment philosophy and strategy guide stock selection and portfolio construction. Continuous monitoring and structured risk management help maintain portfolio stability.

3. Transparency
Most PMS providers offer detailed monthly statements and performance reports, along with online access to track investments, ensuring a high level of transparency.

4. Personalised Approach
Investors receive direct access to professional fund managers through meetings, calls, and written communication, enabling better understanding and alignment.

Benefits of PMS

• Stock selection backed by in-depth research and expertise
• Typically concentrated portfolios of around 15–20 stocks
• Focused portfolios offer potential for superior long-term returns
• Regular reporting and personalised service
• Transparent fee and expense structure

Alternative Investment Funds (AIF)

Diversification beyond traditional investment avenues

Alternative Investment Funds (AIFs) invest in non-traditional asset classes such as private equity, venture capital, hedge funds, and structured strategies. Investments that do not fall under conventional categories like listed equities, bonds, or fixed deposits are generally considered alternative investments.

As per SEBI (Alternative Investment Funds) Regulations, 2012, an AIF refers to a privately pooled investment vehicle structured as a trust, company, body corporate, or LLP. AIFs are regulated and classified by SEBI into three broad categories.

SEBI Classification of AIFs

Category I AIF

These funds primarily invest in sectors considered socially or economically desirable by the government.

Includes:
• Venture Capital Funds
• Infrastructure Funds
• Social Venture Funds
• Angel Funds
• SME and start-up focused funds

These funds are close-ended with a minimum tenure of three years.

Category II AIF

Category II AIFs include private equity and debt-oriented funds that do not receive any special incentives from the government.

Includes:
• Private Equity Funds
• Debt Funds
• Fund of Funds

These funds are also close-ended with a minimum tenure of three years.

Category III AIF

Category III AIFs follow more complex or short-term trading strategies and may be open-ended or close-ended.

Includes:
• Hedge Funds
• Long-Short Strategies
• Private Investment in Public Equity (PIPE) Funds

These funds aim to generate returns through diverse and active investment strategies.

Who PMS and AIF Are Suitable For

These solutions are suitable for investors who:
• Have higher investible surplus
• Understand market risks and complexity
• Seek advanced investment strategies
• Want diversification beyond traditional products
• Prefer professional, actively managed portfolios

Our Approach to PMS and AIF Advisory

At SLD Finance, we do not promote PMS or AIF products indiscriminately. These are advanced investment solutions and are recommended only after careful evaluation of suitability, risk tolerance, liquidity needs, and overall portfolio allocation.

Our role is to help you understand the product, risks, structure, and long-term role of PMS and AIF within your overall wealth strategy.

Advanced products need advanced clarity.
We ensure both.