Monday, 28 September 2026Updated 12m ago
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Policy● Neutral for Indian equities

SEBI approves ₹25 lakh PRIM route for managed mutual-fund portfolios

2 sources · first seen 22:49 24 Sept · updated 11:05 25 Sept

The brief

Written from 2 reports · check the source before you trade
  • Portfolio managers can build portfolios using mutual funds, ETFs, index funds and SIFs
  • The minimum investment is ₹25 lakh
  • The new route may alter distribution competition for Indian mutual-fund houses and wealth managers

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PRIM4 todaySEBI12 todayMutual funds26 todayETFs6 today

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9 stories this week
  1. 28 SeptETMarkets PMS Talk | From mutual funds to PMS: Brijesh Ved on where PRIM fits in India's evolving wealth landscapePolicy · 1 source · SEBI’s proposed PRIM framework could redefine investor expectations of portfolio managers
  2. 28 SeptSebi's PRIM route: Portfolio managers can invest ₹25 lakh-plus client money in mutual fundsPolicy · 1 source · SEBI launched PRIM, a route for portfolio managers to invest client money in mutual fund units
  3. 27 SeptSEBI PMS overhaul could turn advisers into portfolio managersPolicy · 1 source · A ₹25-lakh PRIM route gives wealth managers a way to manage mutual-fund portfolios
  4. 27 SeptETMarkets Smart Talk | 2-3 crore wealth creators could enter PMS: Sandeep Jethwani on PRIM and India’s wealth boom1 source · SEBI’s PRIM framework lowers the PMS entry limit to ₹25 lakh
All PRIM stories →
Part of a developing story16 updates over 3 days

SEBI’s revised portfolio management rules

SEBI’s revised PMS framework expands investment options, including IPOs, overseas securities and unlisted debt, and creates a mutual-fund-only PRIM route with a ₹25 lakh minimum. Industry leaders say the changes could potentially double the PMS industry over time.

Friday, 25 September

  1. Sebi’s big PMS overhaul explained: What changes for investors and portfolio managers?
  2. Sebi approves new rules to widen investment avenues
  3. Sebi opens PMS-MF route with Rs 25-lakh entry ticket

Thursday, 24 September

  1. 2 sourcesYou are here
    SEBI approves ₹25 lakh PRIM route for managed mutual-fund portfolios
  2. Sebi revamps accredited investors framework; approves common ad code for mkt intermediaries
  3. SEBI broadens PMS investment universe, introduces MF-only route
  4. SEBI chief Tuhin Kanta Pandey backs CAS, says market rules must adapt to current realities

See all 16 updates →

Read the reports

2 reports · earliest 22:49
MintSEBI launches portfolio managers route for mutual funds: Here's what the new ₹25 lakh PRIM route means for investors22:49MoneycontrolWant someone to manage your mutual funds? How SEBI’s Rs 25-lakh PRIM route will work11:05