— PORTFOLIO MANAGEMENT
Your Portfolio Should Be More Than A Collection Of Investments.
Multiple investments can still lack direction.
A portfolio is not built by adding products over time. Each investment should have a purpose, role and place within your overall financial plan.
A few years later, the bigger question is often not “What should I add next?” but “Is my portfolio still aligned with my goals?”
That is where we like to begin.
Allocation
Balanced Investment Structure
Alignment
Goal-Based Investment Approach
Ongoing
Continuous Portfolio Monitoring
Why Does The Job Of The Portfolio Matter?
The same money can serve different purposes. Retirement, wealth creation, family goals or future commitments may all involve investing, but each goal comes with a different timeline and requirement.
A portfolio needs direction too. Different investments should not simply be added over time. Each investment should have a clear role and purpose within the overall portfolio structure.
- — Give every investment a clear purpose and role
- — Match your portfolio approach with your financial goals
- — Review investments as needs and markets change.
- — Maintain portfolio clarity through structured management
WHAT ARE YOU ACTUALLY TRYING TO ACHIEVE?
01
Build A Structured Portfolio
A portfolio should not be a collection of random investments. Each asset should have a clear purpose and role in your overall financial plan.
02
Balance Risk & Opportunity
Different investments behave differently. A structured approach helps balance growth opportunities with your comfort around risk.
03
Organise What You Already Own
Sometimes the next step is not another mutual fund. It is looking at what is already there, which goal each investment supports and whether multiple funds are doing the same job.
04
Build for the Longer Term
Long-term investing requires patience, regular reviews and thoughtful adjustments as your goals, circumstances, financial priorities and market conditions change over time
05
Put Some Numbers Behind the Goal
Before making portfolio decisions, understand your goals, timelines and required investment approach to create a clearer financial direction.
BEFORE ADDING A NEW INVESTMENT, ASK THESE 4 QUESTIONS
A good portfolio is not about having more investments. It is about having the right investments aligned with your goals.
1. What Role Does This Investment Play?
Every investment should have a clear purpose. Whether it is wealth creation, retirement planning, or achieving a specific financial goal, each holding should add value to your portfolio.
2. Does It Improve My Portfolio?
Adding more investments does not always mean better diversification. The right investment should complement your existing portfolio and improve its overall structure.
3. When Will I Need This Money?
Your investment strategy should match your timeline. Short-term needs, long-term goals, and liquidity requirements play an important role in portfolio planning.
4. Can I Stay Invested During Market Changes?
A well-designed portfolio considers your risk profile and comfort with market fluctuations. The right approach helps you stay focused on your long-term financial goals.
HOW WE HELP YOU BUILD A BETTER PORTFOLIO
Understand
We begin by understanding your financial goals, investment horizon, existing portfolio and risk profile. This helps us create a strategy aligned with your wealth objectives.
Plan
A well-structured portfolio starts with the right asset allocation. We help organise investments based on your goals, risk appetite and long-term financial direction.
Monitor & Review
Markets change and goals evolve. Regular portfolio reviews help track performance, identify gaps and make necessary adjustments when required.
More isn’t always better. Know each investment’s role.
A Portfolio Built With Purpose.
More Clarity. Better Investment Decisions.
A successful portfolio is not about adding more investments. It is about understanding what you own, why you own it, and how each investment supports your financial goals.
Hexo Wealth Associates LLP
Portfolio Management Services Thane West
FREQUENTLY ASKED QUESTIONS
The standard PMS Minimum Investment is ₹50 lakh in funds or eligible securities for a regular client.
The minimum does not apply in the same way to eligible accredited investors and certain specified arrangements under the regulations.
The ₹50 lakh amount should be viewed as a regulatory entry threshold, not as evidence that PMS is automatically appropriate once an investor has that amount available.
In a mutual fund, investor money is pooled into a scheme and investors hold units of that scheme.
In PMS, the client’s portfolio is managed separately under the arrangement with the Portfolio Manager, and the portfolio is not structured like a pooled mutual fund.
PMS also carries a substantially higher standard minimum investment and can involve different fees, portfolio concentration, taxation and transaction mechanics.
So PMS vs Mutual Fund is primarily a comparison of structure and use case, not simply a comparison of which one recently delivered a higher return.
The biggest structural difference is that PMS manages a client’s portfolio separately, while an AIF is a privately pooled investment vehicle.
An AIF can also access different investment strategies depending on its category.
When comparing PMS vs AIF, understand:
the investment universe
ownership structure
minimum commitment
liquidity
fees and expenses
tax considerations
and key risks
before comparing performance.
The exact PMS Fees and Charges depend on the Portfolio Manager and fee model disclosed to the client.
A PMS may charge a fixed management fee, performance-linked fee or a combination, along with applicable transaction and other disclosed expenses.
SEBI requires relevant fees and costs to be disclosed to the client. Performance-linked fees are subject to the high-water-mark principle under the current PMS framework.
The investor should understand the complete fee illustration rather than looking only at the headline management fee.
PMS Risk varies according to the particular investment strategy.
Depending on the portfolio, this may include market risk, concentration risk, liquidity risk, security-specific risk and execution or strategy risk.
A more concentrated portfolio can also experience movements that differ significantly from a broadly diversified investment.
SEBI requires Portfolio Managers to disclose portfolio risks and other material information through prescribed disclosure documentation.
Alternative Investment Funds India are privately pooled investment vehicles registered with SEBI and classified broadly into Category I, Category II and Category III depending on their nature and strategy.
For most investors, the standard AIF Minimum Investment is ₹1 crore, subject to regulatory exceptions.
Category and strategy matter because two AIFs can have completely different underlying investments, liquidity arrangements and risk profiles.
SEBI’s current AIF framework includes the AIF Regulations last amended on July 14, 2026 and the AIF Master Circular dated June 3, 2026.
There is no single AIF Risk profile because the investment universe differs substantially between AIF categories and individual schemes.
Risks may include:
market risk
liquidity risk
valuation risk
concentration risk
underlying business or credit risk
strategy risk
and, depending on the category, leverage or derivative-related risk.
Category III AIFs specifically may employ diverse or complex trading strategies and leverage within the applicable regulations.
The relevant Private Placement Memorandum should be read carefully before investing.