Difference between mutual fund and portfolio management services



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What is the difference between mutual fund and portfolio management services?

2 Answer(s)


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The fundamental difference between mutual fund and portfolio management service is that the latter involves management and implementation of your decisions.Unless you specifically ask for the same,the PMS is not going to take investment decisions for you.On the other hand, you cannot instruct your mutual fund house manager to invest your money in specific sectors only.This decision should be taken when you are choosing the mutual fund scheme. However, once the choices been taken, you lose all freedom of indicating your personal choice.

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in portfolio management portfolio manager manages the funds -& in mutual fund fund manager manages the fund

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