27-June-2026
Markets and Finance
 
PMS client base declines for third straight month amid market volatility
27-Jun-2026

The portfolio management services (PMS) industry has witnessed a steady decline in its investor base for three consecutive months amid heightened market volatility and some profit booking, according to data from the Association of Portfolio Managers in India (APMI). The industry saw a monthly decline of 310 clients in May, marking the third consecutive fall after losing 1,038 and 3,738 clients in March and April, respectively. Overall, the total client base has declined from around 217,000 to 212,000.

News Source:- https://www.financialexpress.com/business/news/pms-client-base-declines-for-third-straight-month-amid-market-volatility/4277328/?ref=hometop_hp