What is the difference between 'portfolio management' and mutual fund in the way it appears to investors? Does one of them give higher returns? Do all these companies like 'Kotak Securities' and 'India infoline' who offer this 'portfolio management' do something better than what mutual funds can do? Is anyone using portfolio management services? what is their opinion about it? Can you please explain as to how portfolio management works? Is it meant only for HNI?
This is Sridhar (A Specialist in Financial Planning) here. I have already answered the Q "What is meant by portfolio management?" asked by someone. For an answer follow the link:
Here u will understand wat is meant by P.M.
Now let me tackle each of ur questions one by one.
Answer to part 1 of the Q:
U will understand Portf mgmt (P.M.) from the above link. Mutual Fund primarily is a Trust, which collects money from a large number of people, and manages it thro professional mgmt (AMC - Asset Mgmt Co.). Diff betn PM and MF: ...more
More details of PMS and should you invest or not in PMS is available in the link.
Ramalingam K, MBA, CFP,
Director and Chief Financial Planner,
Holistic Investment Planners
Best Performing Financial Advisor Award Winners from CNBC TV18
The term asset management is often used to refer to the investment management of collective investments, whilst the more generic fund management may refer to all forms of institutional investment as well as investment management for private investors. Investment managers who specialize in advisory or discretionary management on behalf of (normally wealthy) private investors may often refer to their services as wealth management or portfolio management often within the context of so-called "private banking".
The provision of 'investment management services' includes elem ...more