Monday, 28 September 2026Updated 17m ago
← Top stories
Policy● Neutral for Indian equities

SEBI broadens PMS investment universe, introduces MF-only route

1 source · first seen 21:10 24 Sept · updated 21:10 24 Sept

The brief

Written from 1 report · check the source before you trade
  • SEBI introduced an MF-only route for PMS investments with a ₹25 lakh minimum ticket
  • Independent fund managers are also allowed
  • The new route may widen distribution opportunities for Indian mutual fund firms

Tags on this story

Pick a tag to see all its stories
SEBI12 todayMutual funds26 today

Linked by the tag SEBI

59 stories this week
  1. 28 SeptBest medium duration mutual funds to invest in September 20261 source · SEBI defines medium-duration funds as investing in debt and money-market instruments with a 3–4 year Macaulay duration
  2. 28 SeptThe bargain between shareholders and companies is being eroded1 source · The article argues investor protections benefit the market and must be defended
  3. 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
  4. 28 SeptPrestige Estates shares in focus after hotel arm shelves ₹2,700 crore IPO planIPO · 1 source · Prestige Hospitality Ventures shelved its planned **₹2,700 crore IPO**
  5. 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
All SEBI 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 opens PMS-MF route with Rs 25-lakh entry ticket

Thursday, 24 September

  1. 2 sources
    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. You are here
    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
  5. 2 sources
    India eases foreign investor access to commodity derivatives, widens scope of portfolio managers
  6. 4 sources
    SEBI clears PMS, settlement and FPI access reforms

See all 16 updates →

Read the reports

1 report · earliest 21:10
Business LineSEBI broadens PMS investment universe, introduces MF-only route21:10