Average PMS will under perform Average Flexi Cap or Average Multi Cap Fund purely due to tax inefficiency and also higher fees and charges . In fact , many PMS schemes have done horribly in past .
The primary argument in favour of PMS is that they don’t have to be conservative is BS. If PMS is more aggressive then their return to risk is higher. You get what you pay for. Besides, there is no fundamental reason PMS should outperform MF. Some may, some won’t.
Average PMS will under perform Average Flexi Cap or Average Multi Cap Fund purely due to tax inefficiency and also higher fees and charges . In fact , many PMS schemes have done horribly in past .
PPFAS had 28 companies when I last looked, not even 50 or 60.
It has 57 stocks currently.
The primary argument in favour of PMS is that they don’t have to be conservative is BS. If PMS is more aggressive then their return to risk is higher. You get what you pay for. Besides, there is no fundamental reason PMS should outperform MF. Some may, some won’t.
The Paneer butter masala joke had me to my wits 😂
And Yes It Should Be In Hindi Also Ji
Please start in hindi
Why is pfic relevant? Absurd.