HomeNewsBusinessMarketsAre tax filing complexities forcing HNIs to ditch PMS and opt for AIF?

Are tax filing complexities forcing HNIs to ditch PMS and opt for AIF?

Srushti Vaidya • September 26, 2024 / 19:08 IST

Filing income tax returns in a PMS scheme can be a cumbersome process as all transactions occur in the investor's own demat account, which means that every trade executed by the fund manager triggers a tax event for the individual

While the minimum investment size in an PMS scheme is Rs 50 lakh, the same is pegged at Rs 1 crore for AIFs.

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