NEW DELHI: Paytm Money, the subsidiary of payment solutions provider Paytm, has launched PMS Marketplace for HNI (High Networth Individual) Investors. Paytm Money has launched the marketplace in association with PMS Bazaar, which is a Portfolio Management Services (PMS) advisory startup.
Portfolio Management Services (PMS) is an investment service offered to HNIs with SEBI mandating a minimum investment of INR 50 Lakhs. As the investment amount is large, investors prefer to assess their options in detail before making the final decision.
The PMS Marketplace offers key parameters for each scheme such as total assets, inception date, benchmark, and fund manager details. The funds listing section shows the performance of schemes over multiple time horizons and against benchmarks. As a result, investors can objectively compare the schemes, making their investment journey simple and transparent.
The marketplace also enables investors to schedule a call with advisors to understand the investment process and risks.
In an official statement, Paytm Money said, “At Paytm Money we have leveraged technology to make investing & trading efficient and transparent. Extending the same to HNI investors, we have partnered PMS Bazaar to launch PMS Marketplace, offering a one-stop shop. The availability of data, tech-led product, direct access to PMS experts leading to greater trust will get us closer to making Paytm Money, India’s most preferred wealth management platform.”