Each asset has its own characteristics and performs as per market conditions. As investing in a single asset may not be suitable across market cycles, to achieve a financial goal one needs a multi-asset diversified portfolio.
However, it may be very difficult for an investor to decide an appropriate allocation towards a wide array of assets and to eliminate the problem of trying to time the markets. PMS as an instrument/service enables a professional way to manage the investment portfolio, devoid of emotional bias and managed by specialists.
While we have been bombarded by various PMS schemes boasting great returns on the back of the post-pandemic rally in equities, what is the correct way to decide which one to choose?
To answer these queries and explore a broad array of multi-asset PMS, INDIAN INVESTORS FEDERATION enabled key specialists to converge on this platform: Mr. Dhaval Kapadia (Director, Managed Portfolios, Morningstar Investment Adviser India) presenting his insights on PMS investing.
With risk-to-return at historical levels, the moot question is how to manage risks in PMS, because the minimum investment required is INR 50 lakhs. While traditionally debt and gold have played the balancing role, not all PMSs have debt as a component. In this exclusive session, Ms. Lakshmi Iyer (CIO – Fixed Income & Head Products, Kotak Mutual Fund) shed light on this with some thumb rules.
