Introduction: Why PMS is Gaining Momentum in India
If you’ve ever felt that investing in mutual funds was too “one-size-fits-all”, you’re not alone. Many Indian investors, especially High Net-Worth Individuals (HNIs), are turning to Portfolio Management Services (PMS). Unlike mutual funds, PMS offers tailor-made portfolios designed around your goals, risk appetite, and investment horizon.
As per AMFI data, MF AUM crossed Rs 80 lakh crore for the first time in November 2025. With more professionals entering the space and digital platforms making access easier, 2026 is set to be a breakout year for PMS in India.
So, which PMS should you consider? Let’s explore the 7 best portfolio management services in India 2026, and see why they stand out.
- Dezerv Portfolio Management Services
Dezerv has quickly established itself as a trusted name in wealth management. The firm brings together deep research, technology-driven insights, and transparent fee structures.
Why Dezerv stands out:
● Focus on long-term wealth creation with risk-managed strategies.
● Expert-driven approach with a strong track record.
● SWP (Systematic Withdrawal Plan) options for regular income.
- ASK Investment Managers
One of the pioneers in PMS in India, ASK has been managing portfolios for over three decades. Its strategies focus on quality companies with strong growth potential.
Key Highlights:
● Substantial long-term performance across equity PMS categories.
● Research-driven, bottom-up stock selection.
● Trusted by HNIs for its transparent reporting.
- Motilal Oswal PMS
Motilal Oswal is a household name in equity investing. Its PMS offerings, like the Value Strategy, have consistently delivered robust returns.
Key Highlights:
● Focus on the “Buy Right, Sit Tight” philosophy.
● Strong in-house research team with decades of experience.
● Multiple strategies catering to aggressive and balanced investors.
- ICICI Prudential PMS
The ICICI Prudential PMS offers a wide range of strategies, from large-cap stability to multi-cap growth. With the backing of a trusted financial institution, it provides credibility and trust.
Key Highlights:
● Backed by one of India’s largest financial groups.
● Strategies suited for both conservative and aggressive investors.
● Strong compliance and transparent reporting.
- Kotak PMS
Kotak AMC’s PMS arm is another heavyweight in the market. Known for its diversified strategies, Kotak PMS has been a go-to for investors seeking a mix of safety and returns.
Key Highlights:
● Options across equity, debt, and hybrid strategies.
● Experienced fund managers with strong performance history.
● Institutional-level governance and compliance.
- Alchemy Capital PMS
Founded by market veteran Hiren Ved, Alchemy Capital has built a reputation for spotting growth opportunities in mid and small-cap stocks.
Key Highlights:
● Focus on high-growth businesses and emerging sectors.
● Strong track record in the mid-cap space.
● Tailored portfolios for HNIs with higher risk appetite.
- Edelweiss PMS
Edelweiss offers diverse PMS strategies across equity and alternative assets. It caters to investors who want a mix of traditional and innovative approaches.
Key Highlights:
● Wide range of strategies across equity, debt, and alternatives.
● Substantial research backbone with pan-India presence.
● Digital-first client servicing for transparency and ease.
How to Choose the Right PMS in 2026
While all the above names are strong contenders, the “best PMS” depends on your personal goals. Here are a few factors to consider:
● Investment Horizon: Long-term vs. short-term goals.
● Risk Appetite: Conservative, balanced, or aggressive.
● Track Record: Past performance consistency.
● Transparency: Fee structure and reporting practices.
● Manager Expertise: Experience of the portfolio manager.
Conclusion
The PMS industry in India is evolving rapidly with increasing investor participation and professionalisation. 2026 promises even greater innovation, lower entry barriers, and tech-driven efficiency.
If you’re exploring Portfolio Management Services in 2026, start by defining your goals, then match them with the right provider. And if you’re looking for a partner that blends modern strategies with simplicity, PMS is worth exploring.
Frequently Asked Questions
- What is the minimum investment for PMS in India?
SEBI mandates a minimum investment of ₹50 lakh. - How is PMS different from mutual funds?
Mutual funds pool money from many investors into a standard portfolio, while PMS offers tailor-made portfolios specifically designed for you. - Are PMS returns better than mutual funds?
Studies show that PMS strategies have, on average, outperformed benchmarks more consistently than mutual funds over 1, 3, and 5 years. However, returns vary by strategy. - Who should invest in PMS?
PMS is best suited for HNIs who want personalised portfolios, professional management, and are comfortable with higher minimum investment requirements.
What are the risks in PMS?
Like any equity-linked product, PMS carries market risks. Choosing the right manager and strategy is crucial to balancing risk and return.
