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    Question

    What is the minimum value of funds or securities that

    can be accepted by the portfolio manager from the client while opening the PMS account?
    A Rs 50.00 lakhs Correct Answer Incorrect Answer
    B Rs 1.00 crores Correct Answer Incorrect Answer
    C Rs 10 crores Correct Answer Incorrect Answer
    D Rs 5 crores Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The portfolio manager is required to accept minimum INR 50 Lacs or securities having a minimum worth of INR 50 Lacs from the client.

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