Which PMS do you use?

CapitalMind by Deepak Shenoy

If I had the money, it would be Aequitas.

2point2. Not sure if they now have an intake though. Excellent fund and has beaten Nifty50.

Taxes are a major pain with PMS. Every trade that the fund manager does requires you to pay a tax if it was a profitable position.

This tax needs to come out of your other income or else you will have exit some portion of your PMS to pay the tax.

Minimum is 50 lakh as per SEBI. Most PMS have their own and much higher limits in terms of crores. I don't use any though.

Laxmi Chit Fund

None

of my own