Moneycontrol.com·2 min read·medium
SEBI's Portfolio Management Services rule review revives push to ease NRI investing
✦AI Summary
India's SEBI is reviewing Portfolio Management Services (PMS) rules, potentially easing investment barriers for Non-Resident Indians (NRIs). The sector, which manages over Rs 42 lakh crore, has historically seen limited participation from the NRI segment.
Liked this AI Summary? Join our AI Workshop For an industry with an AUM of over Rs 42 lakh crore, managing 2.19 lakhs of clients, the Portfolio Management Services (PMS) business in India has a curious blind spot: almost none of that growth has come ... [9121 chars]
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