The total AUM of the PMS industry has experienced a significant surge over the past 7 years. From INR 10.45 lakh crores in March 2016, the AUM has nearly tripled, reaching close to INR 28 lakh crores in March 2023.

The remarkable growth story of PMS in India is due to many factors such as increasing net worth and capital amongst Indian investors, access to expert PMS and the high risk appetite of investors. PMS offer a unique and personalised approach to investing, making them an appealing choice for investors.

However, like all investment avenues, they come with their own set of risks. It’s crucial to understand your financial goals, risk tolerance, and investment horizon before diving into the world of PMS.

Here’s a cheat sheet, where I have covered a few other important aspects of PMS.