Should I consider getting a PMS for my growth portfolio or continue with Mutual Funds?
Published 17 September 2026
I am 35years old from Mumbai, working in a Big-4 consulting firm.
I have a portfolio of Rs 2cr primarily in Indian MFs. I was exploring different PMS and wanted to know if I wanted to allocate some money to a high growth portfolio.
Should I go with a PMS or continue with Mutual funds?
I have a portfolio of Rs 2cr primarily in Indian MFs. I was exploring different PMS and wanted to know if I wanted to allocate some money to a high growth portfolio.
Should I go with a PMS or continue with Mutual funds?
Simple. Continue with mutual funds (MF) unless you have a compelling reason to add a PMS.
If something can be done under PMS wrapper, it must be done under MF wrapper.
A PMS is not a “higher-growth mutual fund.” It is usually a more concentrated portfolio with higher fees, greater manager risk and potentially sharper drawdowns. Plus every transaction creates a taxable event in your individual account.
The current minimum PMS investment is ₹50 lakh—25% of your ₹2 crore portfolio. That is too much concentration in one manager and one investment style. That's a bad idea.
MFs provide access to world class managers, regulatory oversight, competitive costs, liquidity, diversification and so much more. It is a blessed vehicle.
If your existing portfolio is cluttered, the first step is to restructure it - not automatically graduate to a PMS. At 35, you need sufficient equity exposure and discipline. Not necessarily a more expensive product.
If something can be done under PMS wrapper, it must be done under MF wrapper.
A PMS is not a “higher-growth mutual fund.” It is usually a more concentrated portfolio with higher fees, greater manager risk and potentially sharper drawdowns. Plus every transaction creates a taxable event in your individual account.
The current minimum PMS investment is ₹50 lakh—25% of your ₹2 crore portfolio. That is too much concentration in one manager and one investment style. That's a bad idea.
MFs provide access to world class managers, regulatory oversight, competitive costs, liquidity, diversification and so much more. It is a blessed vehicle.
If your existing portfolio is cluttered, the first step is to restructure it - not automatically graduate to a PMS. At 35, you need sufficient equity exposure and discipline. Not necessarily a more expensive product.