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Is it safe to invest through a portfolio management service (PMS)?

Dhirendra Kumar explains how PMSs work and how do they fare in comparison with mutual funds

How safe is it to invest through portfolio management services (PMS)? And can you name some suitable PMSs?
- Ajit, Delhi

 

This is an excerpt from Market Mantra, a show on All India Radio (AIR) where Dhirendra Kumar answers personal finance-related questions.
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