PMS & AIF assets set to expand rapidly, AUM to grow from Rs 12 lakh crore to Rs 30 lakh crore in 3 years: PMS Bazaar

Data as of June and October 2022 shows that AIFs witnessed a staggering growth of 42.5% YoY, with assets growing to Rs 6.94 lakh crore (from Rs 4.87 lakh crore) across all three categories. The total size of Portfolio Management Services (PMS) in India witnessed a healthy rise of 23.2% year-on-year (YoY), with assets growing to Rs 4.89 lakh crore from Rs 3.97 lakh crore.