Dear Vandana,

Hi! This is Sridhar here is a Specialist in Financial Planning. I had worked at Kotak Securities a couple of years back, so probably i'll be able to throw some light on the matter.

Defination of Portfolio Management: The art and science of making decisions about investment mix and policy, matching investments to objectives, asset allocation for individuals and institutions, and balancing risk vs. performance. (Source: http://financial-dictionary.thefreedictionary.com/Portfolio+Manag ement) This can be done by us (if we have expertise) or be done by a professional.

My Perspective: According to me in portfolio mgmt as a profession, a specific sum of money (in any form cash, shares, MF, etc) is given to be managed by professionals based on a pre decided objective. This objective may range from protecting the money (wealth mgmt) to taking high risk bets to earn high returns. The objective also states where (debt, equity, real estate, commodities, private equity, ve ...more

you know it better ...why you asked it than..???

Portfolio Management is used to select a portfolio of new product development projects to achieve th following goals:

* Maximize the profitability or value of the portfolio
* Provide balance
* Support the strategy of the enterprise

A business process by which a business unit decides on the mix of active projects, staffing and dollar budget allocated to each project. It is also called IT Portfolio Management. Some defines it as a business process by which a business unit decides on the mix of active projects, staffing and dollar budget allocated to each project currently being undertaken

I think in laymen terms it means balancing yr stock profile n other investments.

Portfolio is the aggregation of your financial assets-Shares,stocks,bonds,debentures,Fixed deposits,mutual fund units etc.Portfolio mgt is how,what,when,where aspect of your investments-what should be the composition,how much of which asset,which of what maturity,when to invest and when to disinvest etc..