Illustration: Uttam Ghosh/Rediff.com Debt as an investment avenue for the wealthy has been attracting more assets than equity. The portfolio management service (PMS) industry, whose services......
Most of the long-only funds are closed-ended.This means that investors have to lock in their money for a fixed period before they can take it back. Illustration: Uttam Ghosh/Rediff.com ......
Only around 44% of PMS schemes did better, among the schemes investing in large-cap companies. Companies providing portfolio management services (PMS) had a tough time beating the benchmark index......
The year-to-date returns are 13.33 per cent for Indian funds, compared to 11.66 per cent for emerging market funds overall. Outperformance in three of the last four months has helped Indian hedge......