Total assets of PMS rises to 1.5% in Jan

India Infoline News Service | Mumbai |

In terms of number of clients, discretionary services category ranks first with total of 43,380 clients

Total assets under management (AUM) of Portfolio Management Services (PMS) industry have increased by 1.5 percent from Rs 7,22,233 crore in December 2013 to Rs. 7,32,970 crore in January 2014, according to the SEBI bulletin.
As on January 31, 2014, AUM of discretionary PMS constitute 77.3 percent of the total AUM of PMS followed by advisory PMS (17.5 percent) and non discretionary PMS (5.1 percent).
In terms of number of clients, discretionary services category ranks first with total of 43,380 clients, out of 57,952 clients in PMS industry, followed by advisory services with 9,572 clients and non-discretionary category with 5,000 clients.
 

Advertisements

  • Save upto Rs.2.67 lakh with Pradhan Mantri Awas Yojana ...Know more
  • Now Save Rs.3150 on your Demat Account ...Click here
  • Now get IIFL Personal Loan in just 8* hours...APPLY NOW!
  • Get the most detailed result analysis on the web - Real Fast!
  • Actionable & Award-Winning Research on 500 Listed Indian Companies.