Portfolio Management Services
Multicap Growth Strategy
A high-conviction portfolio across large, mid and small caps, held directly in your own demat account.
- Minimum
- ₹50 Lakh
- Risk
- Very High risk
- Liquidity
- Moderate — subject to terms
Overview
What this actually is
A Portfolio Management Service differs from a mutual fund in one structural way that matters: the shares are bought in your name and held in your own demat account. You own the stocks, not units in a pool.
That brings real advantages — full transparency into every holding, and capital gains computed on your individual transactions rather than shared across a fund. It also brings a higher minimum, higher fees, and concentration risk, because a high-conviction portfolio deliberately holds far fewer stocks than a diversified fund.
The Multicap Growth Strategy invests across large, mid and small capitalisations, managed by the manufacturer's equity research team. Sarvam's role is to establish whether the strategy genuinely fits your profile, and to manage the relationship thereafter.
Why consider it
What it does well
- Direct stock ownership in your own demat account, with complete visibility of every holding.
- Capital gains computed on your individual transactions rather than pooled.
- High-conviction positions, unconstrained by the diversification rules that bind mutual funds.
- Regulated by SEBI, with a mandated disclosure document and client agreement.
- Matched to your profile by an advisor who also knows your tax position.
How it works
Four steps, start to review
Understand
We review your existing portfolio, tax position and horizon, and establish whether a PMS allocation is appropriate at all.
Evaluate
We walk through the strategy's mandate, concentration, fee structure and disclosure document — including how it has behaved in falling markets.
Apply
Demat and PMS account opening, KYC, the client agreement, and the power of attorney the structure requires.
Review
Portfolio conversations at agreed intervals, with holding-level reporting and tax-aware planning around your other investments.
Key details
The specifics
- Minimum investment
- ₹50,00,000 (regulatory)
- Holding structure
- Direct — your own demat account
- Regulation
- SEBI-regulated PMS
- Suggested horizon
- 5 years or more
- Risk
- Very high
- Liquidity
- Redeemable, subject to strategy terms
Who is this for
You might be a fit if…
If none of these describe you, that is useful information too — tell us on the call and we will point you somewhere more suitable.
- Investors able to commit ₹50,00,000 or more to a single equity strategy
- Investors who already hold diversified mutual funds and want a concentrated allocation alongside
- Business owners and professionals comfortable with substantial volatility
- Investors who want holding-level transparency rather than a monthly factsheet
Risks & considerations
- Very high risk. A concentrated equity portfolio can fall far more sharply than a diversified fund.
- Concentration is the strategy, and it is also the risk — a small number of poor calls has an outsized effect.
- Mid- and small-cap holdings can become difficult to exit in a stressed market.
- PMS fee structures are higher than mutual funds and may include a performance fee. Fees reduce returns whether or not the strategy performs.
- Returns are not assured and past performance of any strategy is no indication of future results.
- The regulatory minimum of ₹50,00,000 means this is not an appropriate first equity investment.
Important information
Portfolio Management Services carry a regulatory minimum investment of ₹50,00,000. PMS strategies are subject to market risk and returns are not assured. Please read the Disclosure Document and Client Agreement carefully before investing.
Investment in securities market are subject to market risks. Read all related documents carefully before investing.
Past performance is not indicative of future returns.
Investment in Nuvama products is facilitated by Sarvam Associates as an authorised distribution partner. Products are offered by Nuvama Wealth Management Ltd. All investments are subject to market risks. Please read all scheme related documents carefully.
Sarvam Associates is a distribution partner, not the manufacturer of these products.
Questions
About Multicap Growth Strategy
How is PMS actually different from a mutual fund?
In a mutual fund your money is pooled and you own units. In a PMS the shares are bought in your name and sit in your own demat account. You see every holding and every transaction, and your capital gains are computed on your own trades rather than shared across a pool.
Why is the minimum ₹50 lakh?
It is a SEBI regulatory minimum for Portfolio Management Services, not a figure set by us or by the manufacturer. It cannot be waived or reduced.
Is PMS riskier than a mutual fund?
Generally yes. A high-conviction PMS holds far fewer stocks than a diversified equity fund, so both gains and losses are amplified. It should be considered as an addition to a diversified portfolio, not a replacement for one.
What does Sarvam do, and what does the manufacturer do?
The strategy is managed by the product manufacturer's investment team — they make every buy and sell decision. Sarvam Associates is the authorised distribution partner: we assess suitability, handle onboarding, and manage your relationship and reviews. We do not manage the portfolio.
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Next step
Talk to a Sarvam advisor
Fifteen minutes on multicap growth strategy — whether it fits, what it would cost you, and what could go wrong. No obligation either way.
Important information
Mutual Fund investments are subject to market risks. Read all scheme related documents carefully before investing.
Sarvam Associates is a distribution partner, not the manufacturer of these products.
The content on this website is for general information only and does not constitute investment advice or a recommendation to buy or sell any product. Product suitability depends on your individual circumstances. Please speak with an advisor before investing.