INDIA MARKET LENS
▲ Positive

SEBI’s new PMS framework could potentially double industry size over time: APMI Chairman Vikas Khemani

SEBI is in focus.

26 Sept 2026 · Economic Times Markets

SEBI’s revised PMS framework introduces PRIM, expands investment options and lowers the entry threshold to ₹25 lakh. Industry leaders expect these changes to broaden PMS adoption, while global diversification, derivatives, independent fund managers and risk-adjusted performance gain importance for investors.

SEBI reported ₹25 lakh. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.

  • With SEBI involved, this carries a regulatory dimension that can outlast the immediate market reaction.
  • The immediate tone of coverage reads positive.