Portfolio management scheme popularly known as PMS are specialized investment vehicle for lump sum investments. The portfolio manager invests the money in shares and other securities and manages the portfolio on behalf of the client.
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
Your vote on this answer has already been received
Indiainfoline is the second largest demat cum broking listed company in India after Indiabulls. Some of the salient features of the Indiainfoline (also called 5paisa.com) broking account are as follows:
(a) One time account opening charges of 555. No recurring charges thereafter for the rest of life. (Compare that to 750/- per year charged by ICICIDirect, whilst a/c opening is free there)
(b) Intraday brokerage of 0.05 %( ICICDirect0.075%) and delivery Brokerage of 0.5 %( ICICIDirect---0.75%). So 33-50 % savings on brokerages every time you trade. Further Lower brokerages( 0.03% and 0.25% are also available for Heavy Traders and HNIs)
(c) Offers EXE based Trading Terminal (the one u see with brokers) as well as browser based one (which can be accessed from any where) with the same user id and password. Compared to that ICICI Direct offers only browser based with no real time rate refreshing!!
(d) Facility of online transfer of funds from ur broking to savings account and vice vers