Portfolio Management Service or PMS is the method of managing your securities and assets in a Professional manner. It includes Professionally managing an Individual's and company's securities such as stocks and bonds and other assets like Real Estate. The management is executed in accordance with a specific investment goal and investment profile and takes into consideration the level of risk, diversification, period of investment and maturity (i.e. when the returns are needed or desired) that the investor seeks. PMS was initially very famous in Bull market on 2005-2008 but faced accusations of misuse. Many were not registered and indulged in heavy churning; After that, the Securities and Exchange Board of India, or Sebi, introduced stringent regulations. Among other things, it raised the minimum investment limit from Rs 5 lakh to Rs 25 lakh. It also banned pooling of accounts of different investors. PMS can be ...