Money Money Money

Author: CNBC-TV18

It's all about the MONEY! Your personal finance guide to multiply and sustain your wealth. An informative podcast covering various financial topics, investing, saving more and spending smarter and how to help you create multiple income streams for better financial stability.
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144: Sebi overhauls PMS regulations. What is the impact on rich retail investors and HNIs
Episode 144
Tuesday, 25 February, 2020

Market regulator Securities and Exchange Board of India (Sebi) has overhauled regulation for Portfolio Management Services (PMS) in a big way. From banning upfront commission and set up fees, to increase the net worth criteria for PMS managers to hiking the investment threshold from Rs 25 lakh to 50 lakh. Money Money money discusses the new norms threadbare with Aashish Somaiyaa, CEO of Motilal Oswal AMC and Mohit Gang, CEO and co-founder of Moneyfront, and their impact on this investment vehicle widely used by rich retail as well as HNI investors.