PMS, AIF asset base set to cross Rs 50 trn in 10 years: PMS Bazaar
With sophisticated investors looking beyond traditional retail-oriented investments, Portfolio Management Services (PMS) and Alternative Investment Fund (AIF) structures are gaining massive traction and the assets base of these products is expected to cross Rs 50 lakh crore by 2031.
PMS and AIF are emerging as strong alternatives to grow wealth and investments, PMS Bazaar said at the annual summit 'PMS & AIF 4.0: Alternative Assets For All Seasons'.
PMS Bazaar is a platform for investors and intermediaries looking for PMS and AIF information, analytics and comparisons to help investors create wealth using this wealth-building medium.
"By 2031, the PMS and AIF industry is expected to cross Rs 50 lakh crore on the back of 20 per cent CAGR (compound annual growth rate) growth," it said.
It further said PMS and AIF products generate healthy returns, achieve better penetration and thrive in a favourable regulatory landscape.
According to official data, assets under management of ...