PMS Full Form in Banking is Portfolio Management Services. Portfolio Management Services, a Portfolio Manager service, is the investment portfolio in equities, debt, cash, fixed income, structured products, and other individual assets that are maintained by a skilled money manager and can possibly be customized to match specific investment objectives. When users use PMS, they start owning individual securities, in contrast with mutual fund investors, who own fund units. Users have the freedom and opportunity to customize their portfolios to meet their particular preferences and financial objectives. Despite the fact that portfolio managers may be in charge of dozens of portfolios, each account may be unique. Aside from cash, the customer can also transfer over a current portfolio of stocks, bonds, or mutual funds to the Portfolio Manager to be restructured to better meet his needs.
However, at his sole discretion, the Portfolio Managers could sell the aforementioned existing assets in favor of new investments. The service manages portfolios professionally with the goal of producing steady long-term profitability while controlling risk. It is imperative to check that portfolios are regularly examined and changes made on a regular basis to maximize the results. Any firm’s portfolio managers have the support of research teams that formulateinvesting strategies. This team also gives PMS providers the real-time & exact information to support every move. Portfolio Management Service Providers provide a customized service to the client. The company handles all aspects of the customer’s portfolio, including regular reporting (generally daily) on the portfolio’s overall status and performance.