
SEBI's MF-only PMS proposal aims to enhance value through discretionary management while addressing client suitability and disclosure concerns.

As India's wealthy turn to PMS for concentrated bets, investors must look beyond returns and assess tax efficiency, deployment strategy and capacity discipline.

SIFs sit between Mutual Funds and PMS, offering flexible, advanced strategies with moderate entry levels and regulation. Investors should understand the differences and consult a financial advisor before investing. So that sensible and professionally guided i…