Quote on SEBI`s latest announcement on PMS by Mr. Vikas Khemani, Chairman, APMI
Below the Quote on SEBI`s latest announcement on PMS by Mr. Vikas Khemani, Chairman, APMI
"Today's SEBI board decisions mark a significant step forward for the PMS industry. The introduction of PRIM — allowing portfolio managers to offer mutual fund and SIF-based strategies at a Rs 25 lakh ticket size — meaningfully widens access and brings more investors into a well-regulated, professionally managed framework. Allowing discretionary PMS to allocate up to 10% of client AUM into investment-grade unlisted debt, with client consent, gives managers welcome flexibility to construct better risk-adjusted portfolios. At APMI, we see this as validation of the direction the industry has been advocating — greater innovation, wider participation, and stronger investor outcomes, without compromising on governance or transparency. We look forward to working with SEBI on the implementation details to ensure these reforms translate into real value for investors."
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