High-Alpha Equity PMS
A portfolio built for you, not for the crowd. Twenty to twenty-five stocks chosen with conviction, held in your own demat, visible line by line. When the calls are right, concentration is what compounds.
A SEBI-registered Portfolio Management Service running a concentrated equity portfolio directly in your demat account. No 65% category limits, no 80-stock dilution. A manager's best 20 to 25 ideas, sized to matter. You own the shares. The manager steers.
By Yash Jhaveri, Founder & CEO, Beyond
Beyond · JSL Wealth Management · Vadodara · ARN XXXXX
Last reviewed September 2026 · Regulatory position as at September 2026
The job it does
- Real alpha-seeking beyond diversified funds
- Transparency — every holding visible in your own account
- Strategies (focused mid/small-cap, special situations) MFs cannot run
Why people use it
- Concentration lets winners actually move the needle
- Direct ownership: your shares, your demat, your capital-gains ledger
- Owner-manager boutiques bring rare manager continuity
What can go wrong
- Concentration cuts both ways — drawdowns can exceed index falls
- Manager dispersion is huge; selection is the whole game
- Manager churn creates taxable events in your ledger every year
Quick answers
What is the minimum investment in High-Alpha Equity PMS?
₹50 L. Typical horizon 5–7+ yrs; liquidity Exit in ~7–15 days.
How is a High-Alpha Equity PMS taxed?
Taxed exactly like direct equity in your hands — STCG 20% under 12 months, LTCG 12.5% beyond (₹1.25 L exemption). Review the strategy’s turnover.
What can go wrong with High-Alpha Equity PMS?
Concentration cuts both ways — drawdowns can exceed index falls. Manager dispersion is huge; selection is the whole game. Manager churn creates taxable events in your ledger every year.
Can an NRI invest in High-Alpha Equity PMS?
Available to NRIs via NRE/NRO with a PIS-linked setup; US/Canada residency needs manager-level confirmation.
Does High-Alpha Equity PMS belong in your architecture?
Seven questions narrow thirteen structures to a shortlist.
Long-Only Equity AIF
Listed + Pre-IPO, One Vehicle
Cat II AIFPrivate Equity Funds
Late-Stage Unlisted
Education, not advice. We may earn referral fees when you invest through us. Full disclosures