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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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