Sebi clears PRIM route for PMS players to invest in mutual funds, SIFs; Rs 25 lakh minimum ticket

24 Sep 2026 · 21:34

Sebi clears PRIM route for PMS players to invest in mutual funds, SIFs; Rs 25 lakh minimum ticket

The Securities and Exchange Board of India (SEBI) board has cleared the introduction of a Portfolio Managers’ Route for Investing in Mutual Fund Units (PRIM), allowing portfolio management services (PMS) players to invest clients’ money in direct plans of mutual fund schemes, including exchange-traded funds (ETFs), index funds and specialised investment funds (SIFs).Under the new framework, an existing portfolio manager will be able to offer PRIM as a separate investment approach, with a minimum ticket size of Rs 25 lakh.The move could expand the scope of PMS beyond direct equity and other tra

25 Sep 2026 · 05:54

Sebi approves new rules to widen investment avenues

Mumbai: The Sebi board on Thursday approved new regulations for portfolio managers, allowing investment in foreign securities, and a revamped settlement framework, while permitting foreign portfolio investors to participate in a wider range of exchange-traded commodity derivatives.Under the new rules, the regulator would be introducing a portfolio manager route for investing in mutual fund units, enabling portfolio managers to invest clients' funds in direct plans of mutual funds, including ETFs, index funds and specialised investment funds. The minimum ticket size would be ₹25 lakh, while fix