Mutual fund is a collective pool of investible surplus funds of individual investors managed by expert fund managers to meet the common investment objective.

When an investor subscribes for the units of a mutual fund, he becomes part owner of the assets of the fund in the same proportion as his contribution amount put up with the corpus (the total amount of the fund).

Portfolio Management Service (PMS) is a customized investment solution offered by portfolio managers to high-net-worth individuals (HNIs) and institutional investors.

PMS offers a personalized investment approach, where the portfolio manager tailors the investment strategy to meet the specific needs and risk appetite of the investor.

Structured Investment Funds (SIF) are specialized investment vehicles that offer tailored investment solutions to meet specific financial goals.

SIFs often use complex financial instruments and strategies to achieve higher returns, but they also come with higher risks.