PORTFOLIO MANAGEMENT SERVICE ROUTE FOR INVESTMENT IN MUTUAL FUND UNITS (PRIM)Securities and Exchange Board of India (Portfolio Managers) Regulations, 2026
PORTFOLIO MANAGEMENT SERVICE ROUTE FOR INVESTMENT IN MUTUAL FUND UNITS (PRIM)Securities and Exchange Board of India (Portfolio Managers) Regulations, 2026
Portfolio manager definitions establish client-management roles, investment agreements, co-investment limits, governance relationships, and imported statutory meanings. A portfolio manager is a body corporate that, under a client contract, advises, directs or undertakes management or administration of the client's ... Summary
A portfolio manager is a body corporate that, under a client contract, advises, directs or undertakes management or administration of the client's securities, goods or funds. A discretionary portfolio manager may exercise complete investment discretion, while a non-discretionary portfolio manager acts according to client directions. The investment agreement governs the parties' rights, liabilities, obligations and authority, and the investment approach identifies permissible securities and instruments. A Co-investment Portfolio Manager is confined to specified alternative investment fund investors and related unlisted investments.
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