Total assets under management (AUM) of portfolio management services (PMS) industry rose just 0.9% to Rs. 6.11 trillion in April 2013 from Rs. 6.05 trillion in March 2013, according to SEBI (Securities and Exchange Board of India) data.
As on April 30, 2013, AUM of discretionary PMS constitute 82.5% of the total AUM of PMS followed by advisory PMS (12.9%) and non discretionary PMS (4.6%).
In terms of number of clients, out of 65,063 clients in PMS industry, discretionary services category ranks first with total of 49,102 clients, followed by advisory services with 11,210 clients and nondiscretionary category with 4,751 clients.
S&P BSE Sensex increased 3.5% to 19,504.2 on April 30, 2013 from 18,835.8 on March 28, 2013, registering a rise of 668.4 points.
During April 2013, Sensex recorded an intraday high of 19,622.7 on April 30, 2013 and an intraday low of 18,144.2 on April 15, 2013.