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A peek into how India's wealthiest individuals invest 

The rally over the last few years in the mid and small-cap companies is partly because of the increased flow in PMS schemes 

December 08, 2021 / 09:21 AM IST
A peek into how India's wealthiest individuals invest 

Traditional full-service Indian broking firms have over the last decade are severely impacted by falling brokerage rates thanks to increased competition from discount brokerage firms. To make good for the loss in brokerage revenue, many brokers started offering new products that included Portfolio Management Service (PMS), advisory, insurance, mutual funds, among others. The wealth management industry  Some visionary broking firms adopted a concept of wealth management, where they combined all the above-mentioned services and some more and offered it to high...

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