Elevate Your Investments: PMS for NRIs For Non-Resident Indians seeking a sophisticated approach to wealth management, Portfolio Management Services (PMS) offer a personalized and powerful solution. Discover how to upgrade your investment strategy with regulated, India-focused portfolio management. Why PMS? Beyond Mutual Funds Personalized Portfolios Unlike pooled mutual funds, PMS provides a professionally managed portfolio of direct stocks and securities, tailored specifically to your financial goals and risk appetite. Strategic Asset Allocation Benefit from expert-driven decisions on asset allocation, ensuring your investments align with market opportunities and your long-term objectives. Dedicated Research Access to in-depth research and analytical insights that inform investment choices, providing a distinct edge in navigating the Indian market. The NRI Advantage: Regulatory Compliance Onboarding for NRIs is a distinct process, meticulously designed to ensure full regulatory compliance . This structured approach safeguards your investments and aligns with Indian financial laws. Understanding the specific regulatory framework is key to a smooth and successful PMS journey for NRIs. Foundational Accounts: Your Investment Gateway NRE Bank Account Your journey begins with designating a specific Non- Resident External (NRE) bank account. This account will be the sole conduit for all your PMS transactions, ensuring clear financial tracking and repatriation of funds. PIS Demat Account Crucially, you must open a Portfolio Investment Scheme (PIS) demat account, which is directly linked to your NRE account. This account, approved by a SEBI-approved custodian bank, is mandatory for NRIs, allowing the RBI to track your investments effectively. The Five-Step Onboarding Process Fund Account Sign Agreement Compliance Demat Setup Documents This systematic process ensures every step is covered, from initial documentation to funding your portfolio. Step 1: Document Collection PAN Card Mandatory for all financial transactions in India. Passport Proof of identity and NRI status. Address Proofs Verification of your overseas and Indian addresses. Ensure all documents are current and properly attested as per guidelines. Step 2: PIS Demat Account Setup Work closely with your chosen PMS provider to facilitate the opening of your PIS Demat account. They will guide you through the intricacies of linking it to your NRE bank account and ensuring all regulatory requirements are met. Provider assistance NRE linkage Custodian bank approval Step 3 & 4: Compliance & Agreement Compliance Forms Complete essential compliance forms such as FATCA (Foreign Account Tax Compliance Act) and CRS (Common Reporting Standard) to fulfill international reporting obligations. PMS Agreement & PoA Sign the official PMS agreement outlining terms and conditions. Additionally, a limited Power of Attorney (PoA) will be required to grant your manager trading authority. Step 5: Funding Your Account With all accounts and paperwork in place, you can now fund your PMS account. The minimum investment typically starts at ₹50 lakhs (approximately 5 million Indian Rupees). Minimum Investment: ₹50 lakhs Transferred via NRE account Ready for strategic management Unlock Sophisticated Wealth Creation By navigating this structured process with a reputable PMS provider, you gain access to a sophisticated tool for focused wealth creation in the dynamic Indian market. Take control of your financial future today. Learn More