India's financial markets are rapidly growing, and Portfolio Management Services (PMS) provide Non-Resident Indians (NRIs) a great way to participate. As of mid-2025, PMS has over ₹5.5 lakh crore in assets and experiences 15% annual growth.

Key benefits of PMS for NRIs include:

• Direct ownership of securities in your own Demat accounts

• Customized portfolios based on your goals and risk tolerance

• Clear reports and real-time performance tracking

• Tax pass-through structure for efficient tax management

In 2025, top strategies like Money Grow Small & Midcap (16.49% YTD) and NAFA Clean Tech Portfolio (16.01% YTD) show strong performance. Crkdence connects NRIs to leading PMS providers and simplifies onboarding while ensuring compliance.

Key Takeaways

• PMS for NRI provides customised investment solutions in equity, debt, and multi-asset portfolios.

• NRIs can invest via NRE/NRO accounts and routes like the Portfolio Investment Scheme (PIS).

• PMS offers active management, transparency, and higher return potential compared to mutual funds.

• Taxation for NRIs includes TDS on capital gains and dividends, with DTAA benefits available.

• Ckredence Wealth offers hyper-personalised PMS services for NRIs with global access and local compliance.

What Is PMS for NRI?

Portfolio Management Services (PMS) for NRIs are SEBI-regulated investment solutions that allow Non-Resident Indians to invest in Indian markets through professional managers. Unlike mutual funds, PMS creates a personalized portfolio aligned with the investor’s risk profile, goals, and time horizon.

At Ckredence Wealth, PMS for NRI is designed with an international perspective, ensuring compliance with FEMA, RBI, and SEBI regulations while focusing on wealth creation through active management. PMS can include equities, debt instruments, structured products, and alternative investment funds.

PMS Services for NRI in India

Portfolio Management Services (PMS) in India are offered by SEBI-registered firms that cater to Non-Resident Indians. These services provide personalized investment strategies, professional management, and compliance support for NRIs who want exposure to Indian equity and debt markets. Below are some of the leading PMS service providers for NRIs.

1. Ckredence Wealth

Ckredence Wealth is one of the most trusted PMS providers for NRIs. It focuses on building portfolios that balance Indian growth opportunities with the regulatory requirements of NRIs across the globe. Ckredence offers global advisory access, tax filing support, and transparent reporting, making it highly convenient for NRIs.

Why NRIs Should Invest with Ckredence Wealth:

• Personalized portfolios built after assessing each client’s goals and risk appetite.

• Support across NRE/NRO routes with full FEMA and RBI compliance.

• End-to-end taxation support, including DTAA guidance.

• Active monitoring and quarterly portfolio reviews.

• Strong focus on wealth preservation along with long-term growth.

2. Motilal Oswal PMS

Motilal Oswal is a major name in the PMS space, known for equity-focused strategies like Value, Growth, and Focused Portfolios. It has a long track record of managing wealth for HNIs and NRIs.

Why NRIs Should Invest with Motilal Oswal PMS:

• Proven equity research and sector-based strategies.

• Wide range of PMS models for different risk profiles.

• Dedicated NRI desk to assist with account setup and compliance.

• Consistent performance history with benchmark-beating returns.

3. ASK Investment Managers

ASK PMS is among the oldest and most reputed PMS firms in India. It is known for its research-driven equity portfolios and long-term focus on quality companies.

Why NRIs Should Invest with ASK PMS:

• Strong reputation with decades of experience in PMS.

• Focus on high-quality businesses with sustainable growth.

• Transparent and consistent portfolio management style.

• Dedicated support for NRI compliance and taxation.

4. ICICI Prudential PMS

ICICI Prudential offers a mix of equity, debt, and hybrid PMS products. With the backing of a large financial institution, it provides safety, compliance, and structured wealth management.

Why NRIs Should Invest with ICICI Prudential PMS:

• Backed by one of India’s largest financial institutions.

• Multiple PMS strategies, including equity, debt, and hybrid options.

• Professional management with strong research backing.

• Reliable compliance support for NRIs across regions.

5. Kotak PMS

Kotak PMS is known for its thematic strategies and diversified portfolio management. With a global presence, it is popular among NRIs seeking both safety and growth.

Why NRIs Should Invest with Kotak PMS:

• Multiple investment strategies from large-cap to thematic portfolios.

• Trusted name in Indian banking and financial services.

• Strong client servicing and reporting systems.

• Expertise in repatriation and NRI compliance requirements.

6. PMS Bazaar (Aggregator)

PMS Bazaar is not a direct PMS provider but an aggregator platform that allows NRIs to compare multiple PMS providers in one place. It acts as a marketplace to help NRIs choose based on performance, fees, and portfolio style.

Why NRIs Should Use PMS Bazaar:

• Compare multiple PMS providers under one platform.

• Transparent performance data and fee structure comparison.

• Easy onboarding assistance for NRI investors.

• Educational resources to understand PMS strategies.

Why PMS Is Important for NRIs in 2025

For NRIs, investing in India is not only about returns but also about staying connected with India’s financial growth. PMS offers a structured route with several benefits.

• Professional and Active Management: NRIs often lack the time to track Indian markets due to different time zones. PMS managers actively monitor and rebalance portfolios.

• Customisation of Portfolios: Unlike standardised products, PMS services for NRI are custom-built to match goals like wealth preservation, aggressive growth, or retirement planning.

• Transparency in Holdings: With PMS, every stock is bought in the investor’s demat account. NRIs can track their exact holdings, unlike pooled funds.

• Superior Long-Term Returns: Historical data show that well-managed PMS portfolios often outperform broad mutual fund indices over long horizons.

How Can NRIs Invest in PMS in India?

The process for NRIs to invest in PMS involves regulatory approvals, account setup, and documentation. Let’s break it down step by step.

Step 1: Eligibility: Any Indian citizen living abroad and holding an NRE/NRO account is eligible to invest in PMS.

Step 2: Regulatory Route: Investments are routed through the Portfolio Investment Scheme (PIS) or via the NRO account, depending on the type of income repatriation required.

Step 3: Required Documentation:To comply with SEBI and RBI rules, NRIs must submit:

• PAN Card

• Passport and Visa/OCI card

• Overseas address proof

• NRE/NRO bank account details

• FEMA declarations

Step 4: Minimum Investment: As per SEBI guidelines, the minimum investment for PMS is ₹50 lakh. This structured process ensures NRIs can confidently invest in India with regulatory security.

Taxation Rules for PMS for NRI

Taxation is one of the most important considerations for NRIs investing in India. PMS taxation for NRI depends on the nature of gains and the account type used.

1. Dividend Income

• Dividends from PMS holdings are taxed at 20% TDS for NRIs.

• Some relief is available through Double Taxation Avoidance Agreements (DTAA).

2. Long-Term Capital Gains (LTCG)

• Gains on listed equity held for over 12 months are taxed at 10% beyond ₹1 lakh exemption.

• No indexation benefit is available.

3. Short-Term Capital Gains (STCG)

Gains on equities sold within 12 months are taxed at 15% TDS.

NRIs must also comply with their resident country’s tax filing. PMS providers like Ckredence Wealth assist NRIs in end-to-end tax documentation and filings, making the process easier.

PMS vs Mutual Funds for NRIs

A common question is why PMS should be chosen over mutual funds. Here’s a quick comparison:

For NRIs with higher ticket sizes, PMS is a better wealth creation vehicle.

Things to Consider Before Opting for PMS Services for NRI

While PMS offers many benefits, NRIs should keep certain factors in mind before investing.

• Fee Structure: PMS involves management fees, performance-linked charges, and sometimes exit loads. NRIs should check the fee model carefully.

• Regulatory Compliance: All transactions must comply with FEMA, SEBI, and RBI regulations. Non-compliance can lead to penalties.

• Repatriation Rules: Funds invested via NRE accounts are repatriable, while NRO-linked investments are non-repatriable beyond $1 million annually.

• Market Risks: Like any equity-based product, PMS investments are subject to market fluctuations. A long-term approach reduces this risk.

These considerations ensure NRIs enter PMS investments with full clarity.

Why Should You Choose Ckredence Wealth?

Affluent NRIs do not just need another investment option—they need a strategic partner who understands compliance, taxation, and global wealth aspirations. That is exactly what Ckredence Wealth offers.

Solutions That Truly Matter for NRIs:

• Built for each client based on goals, country of residence, and risk appetite.

• Exposure to equity, debt, AIFs, and GIFT City opportunities.

• Portfolios are rebalanced to safeguard downside risks.

• Real-time updates with no hidden charges.

• Guidance on FEMA rules, DTAA, and repatriation.

• NRI desks across major global financial hubs.

• Assistance in estate planning, taxation, and wealth transfers.

• Access to high-quality research for Indian and international markets.

For NRIs who want more than just returns, Ckredence Wealth stands as a trusted partner for wealth growth and preservation.

Conclusion 

PMS for NRI is not just about investing in Indian equities; it is about building a structured path for wealth creation, financial security, and long-term growth while staying compliant with global regulations. With direct ownership of assets, personalized portfolio strategies, and professional management, PMS offers NRIs an edge that traditional investment products cannot match. 

Among the providers in India, Ckredence Wealth stands out as a trusted partner for NRIs who want clarity, transparency, and consistent results. By combining global advisory expertise with local market research, Ckredence ensures that every NRI investor gets a portfolio aligned with personal goals and future aspirations.

FAQs

Q1. What is PMS for NRI in India?

PMS for NRI in India is a SEBI-regulated service where professional managers create personalized portfolios for Non-Resident Indians to invest in Indian markets.

Q2. How can NRIs invest in PMS services in India?

NRIs can invest in PMS through NRE/NRO accounts under the PIS route by submitting PAN, passport, and overseas address proof with FEMA declarations.

Q3. What is the minimum investment for PMS for NRI?

The minimum investment for PMS for NRI is ₹50 lakh, as per SEBI guidelines. It ensures PMS remains a premium, personalized wealth service.

Q4. How is PMS for NRI taxed in India?

PMS for NRI is taxed through TDS: 20% on dividends, 10% on long-term capital gains, and 15% on short-term capital gains. DTAA benefits may reduce the burden.