If you've been putting money into SIPs for a few years, SEBI just made something worth knowing about more accessible to you. They're cutting the minimum amount needed to enter PMS — a personalised investment service where a professional manages your money — from ₹50 lakh down to ₹25 lakh. They're also creating a new mutual-fund-only version of PMS, which is more regulated and easier to understand than the traditional kind.
What this means for you
- If your SIPs, FDs, and savings are approaching ₹25 lakh combined, PMS is now a real option — not something only for the ultra-rich.
- The new MF-only PMS means someone manages a personalised basket of mutual funds for you — more tailored than a regular SIP, more regulated than old-school PMS.
- You're not forced to do anything — your current SIPs keep working just fine. This is just a new option that now exists.
What you can do
- Add up your total invested money using your investment apps or bank statements — if you're nearing ₹25 lakh, bookmark PMS as your next research topic.
- For now, keep your SIPs running. PMS typically charges 1–2% annually in fees, which is higher than most mutual funds — so compare costs carefully before you switch anything.
You don't need to act today — but it's good to know the door just got easier to open.
Grow with clarity 🌱