PMS & AIF
Managed products for investors above the statutory thresholds — described factually, never ranked.
Summary
Portfolio Management Services require a SEBI-mandated minimum of ₹50 lakh per client, and Alternative Investment Funds require ₹1 crore per investor. PMS holds securities directly in your demat account; an AIF pools capital into units. GrowIQ Capital distributes these products and does not advise on manager selection.
₹50L
SEBI-mandated minimum per client. Raised from ₹25 lakh in 2020 and cannot be waived by any distributor or manager.
₹1Cr
SEBI-mandated minimum per investor across Categories I, II and III. ₹25 lakh for employees and directors of the manager.
What we do here. GrowIQ Capital holds NISM Series XXI-A, which authorises distribution of portfolio management services. We describe products factually and point you to each manager's own disclosure document and track record. We do not manage money, do not rank managers, and do not advise on which product suits your circumstances — that is advice, and it requires SEBI Investment Adviser registration.
Listed products
ICICI Prudential PMS
Managed by ICICI Prudential Asset Management Company Limited
Multiple portfolio management strategies. Securities are held directly in the client's own demat account. Refer to the manager's Disclosure Document for the current strategy list, investment approach and fee structure.
- Minimum investment
- ₹50,00,000
Portfolio management services carry full equity market risk with no capital protection. Returns are not pooled and vary between clients depending on entry date and portfolio construction.
WhiteOak Capital PMS
Managed by WhiteOak Capital Asset Management Limited
Multiple portfolio management strategies. Securities are held directly in the client's own demat account. Refer to the manager's Disclosure Document for the current strategy list, investment approach and fee structure.
- Minimum investment
- ₹50,00,000
Portfolio management services carry full equity market risk with no capital protection. Returns are not pooled and vary between clients depending on entry date and portfolio construction.
No pooled returns, no guarantees. PMS returns vary between clients depending on entry date and portfolio construction, so any published composite is not what you would have earned. AIF units are illiquid and subject to lock-in. Read the Disclosure Document and Private Placement Memorandum in full before committing capital. Past performance is not indicative of future returns and does not guarantee future results.
Frequently asked questions
What is the minimum investment for PMS in India?
SEBI mandates a minimum of ₹50 lakh per client for Portfolio Management Services. This was raised from ₹25 lakh in 2020. The minimum applies per client per portfolio manager and cannot be waived.
What is the minimum investment for an AIF?
SEBI mandates a minimum of ₹1 crore per investor across Category I, II and III Alternative Investment Funds. The threshold is ₹25 lakh for employees and directors of the fund manager.
What is the difference between PMS and an AIF?
In a PMS, securities are held directly in your own demat account and the portfolio is managed individually, so returns vary between clients. An AIF is a pooled vehicle: investors hold units in a fund, all investors in a class share the same portfolio, and taxation is handled at the fund level for most categories.
Does GrowIQ Capital recommend which PMS or AIF to choose?
No. GrowIQ Capital holds NISM Series XXI-A, which authorises distribution of portfolio management services, not advice on manager selection. Products are described factually and you are directed to each manager's own disclosure documents. Selecting a manager for your circumstances is advice, which requires SEBI Investment Adviser registration.
Market figures shown in this build are illustrative sample data for demonstration purposes and are not live exchange quotes. GrowIQ Capital provides financial data analytics, market information and educational content. We are not a SEBI-registered Investment Adviser or Research Analyst. Nothing on this platform constitutes investment advice or a recommendation to buy or sell any security.