PMS
Professional Investment Service
PMS is a professional service where a portfolio manager manages an individual's investments (stocks, bonds, debt, etc.) to achieve their financial goals.
Alternative Investment Funds
Privately Pooled Investment Vehicles
AIFs are privately pooled investment vehicles that collect funds from sophisticated investors to invest in alternative asset classes, which are different from traditional..
SIF
Professionally Managed Pooled Fund
Specialised Investment Funds (SIFs) are SEBI’s latest innovation in pooled investment vehicles, launched in April 2025. They offer high-net-worth individuals and institutions access to advanced strategies—bridging the gap between traditional Mutual Funds and Portfolio Management Services (PMS).