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SEBI's new PMS rules could redraw competition for affluent investors

SEBI's new PRIM route lets portfolio managers build mutual fund-only portfolios from Rs 25 lakh, putting PMS firms in direct competition with RIAs for affluent investors
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Market regulator SEBI's overhaul of the portfolio management services framework could push PMS firms into a much broader part of India's wealth-management ... [8604 chars]
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