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          <h1>SEBI Regulations Set Portfolio Manager Duties: Client Accounts, Reports, Risk, Fees, Termination, and Dispute Resolution</h1> The agreement between a portfolio manager and clients, as per SEBI (Portfolio Managers) Regulations, 1993, outlines key elements including the appointment and fiduciary duties of the portfolio manager, scope of services, and investment objectives. It mandates maintaining client-specific accounts, providing regular reports, and ensuring compliance with regulations. The agreement covers risk factors, terms of fees, billing, liabilities, and conditions for termination or alteration. It also addresses client access to information, change in fund management, and provisions for grievances and dispute resolution. Governing law and conditions for assignment and continuation in case of death or disability are also specified.

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