The report, released by PMS Bazaar, compared the performance of 335 PMF funds with 388 regular mutual funds, spread across varied time frames such as 1, 3, 5 and 10 years.
With regular portfolio management services out of reach because of regulatory hurdles, the small investor should have an option beyond mere advisory services and the plain-vanilla stockbroker
According to latest data available with the market regulator Securities and Exchange Board of India (Sebi), Assets Under Management (AUM) of portfolio managers increased to Rs 6,17,208 crore at the end of May, from Rs 6,11,628 crore in the previous month.