India's securities regulator is proposing major changes to portfolio management services. A new category will lower the minimum investment to Rs. 25 lakh. This move aims to make professional management accessible to more investors. The proposals also allow for wider investment in foreign and unlisted securities. These changes could reshape the investment landscape for many individuals.

SEBI has proposed a major revamp of the Portfolio Management Services (PMS) framework, including the launch of a new mutual fund-only PMS (MF-PMS) category. The proposal aims to…

SEBI proposes allowing portfolio managers to invest in foreign securities, expand derivative exposure and launch MF-only PMS under draft 2026 regulations.