Discretionary Portfolio Management Services definition

Discretionary Portfolio Management Services means the portfolio management services rendered to the Client by the Portfolio Manager on the terms and conditions contained in the agreement, where under the Portfolio Manager exercises any degree of discretion in the investments or management of assets of the Client.

Discretionary Portfolio Management Services means portfolio management services where the Portfolio Manager exercises or may, under a contract relating toportfolio management exercise any degree of discretion as to the investments or management of the Portfolio of securities or the Funds of the Client, as the case may be.

Discretionary Portfolio Management Services means the portfolio management services rendered to the Client, by the Portfolio Manager individually and independently, exercising its full discretion and/or advising and/or directing and/or undertaking on behalf of the Client, in respect of investments or management or administration of the Portfolio of the Assets of the Client in accordance with the various provisions of the Act, Rules, Regulations and/or laws in force and amendments made therein from time to time and on the terms and conditions set out in this Agreement.

Examples of Discretionary Portfolio Management Services in a sentence

• The Portfolio Manager will provide Discretionary Portfolio Management Services which shall be in the nature of investment management, and may include the responsibility of managing, renewing and reshuffling the portfolio, buying and selling the securities, keeping safe custody of the securities and monitoring book closures, dividend, bonus, rights etc.

• Apart from Discretionary Portfolio Management Services, the Portfolio Manager also offers Non- Discretionary Portfolio Management Services wherein the choice as well as the timings of the investment decisions rest solely with the Client.

• The Portfolio Manager under its Discretionary Portfolio Management Services offers Investment Approaches with different investment objectives and policies to cater to requirements of individual Client.

• The investment made by the Portfolio Manager is subject to risk arising out of non- diversification of the Portfolio in a wide variety of instruments, particularly in relation to Discretionary Portfolio Management Services where the Portfolio is managed at the discretion of the Portfolio Manager.

• Discretionary Portfolio Management Services ABSLAMC offers various investment theme based portfolios to allow for standardized customization in sync with investor profile and a pure custom portfolio with a higher threshold initial investment.

More Definitions of Discretionary Portfolio Management Services

Discretionary Portfolio Management Services means the Portfolio Management Services rendered to the Client, by the Portfolio Manager on the terms and conditions contained in the Agreement with respect to the Assets (including the Portfolio and Funds) of the Client, where the Portfolio Manager exercises its sole and absolute discretion with respect to investments or management of the Assets of the Client, entirely at the Client's risk, in such manner as the Portfolio Manager may deem fit.

Discretionary Portfolio Management Services means the services provided by the Portfolio Manager exercising its sole and absolute discretion to invest the Clients’ funds in any type of security as per the agreement relating to portfolio management and to ensure that all benefits accrue to the Clients’ Portfolio, for an agreed fee, entirely at the Clients’ risk.

Discretionary Portfolio Management Services means the discretionary portfolio management services rendered to a Client by the Portfolio Manager pursuant to the terms and conditions contained in the Discretionary Portfolio Management Services Agreement, where under the Portfolio Manager exercises absolute and unfettered discretion, with regards to the investments and management of the Assets of a Client.

Discretionary Portfolio Management Services or “D-PMS' or “DPMS” means the Portfolio Management Services rendered to the Client by the Portfolio Manager on the terms and conditions contained in the Agreement and in accordance with the various provisions of the Act and Regulations and/or other Applicable Laws in force and amendments made from time to time, where under the Portfolio Manager exercises anydegree of discretion (subject to any specific restrictions mentioned in the Schedule II forming part of the Agreement or as may be given by the Client in the prescribed format,at a later date(s)) as to the investment and the management of the Assets of the Cliententirely at the Client’s risk, in such manner as the Portfolio Manager may deem fit in accordance with the terms of the Agreement.

Discretionary Portfolio Management Services or “Services” means the portfolio management services rendered to the Client, by the Portfolio Manager on the terms and conditions contained in this Agreement, whereby the Portfolio Manager exercises discretion with respect to investments or management of the Portfolio of Securities or the Funds of the Client.

Discretionary Portfolio Management Services means the portfolio management services rendered to the Client by the Portfolio Manager on the terms and conditions contained in the agreement, whereunder the

Discretionary Portfolio Management Services or “Discretionary PMS” means the portfolio management services rendered to the Client, by the Portfolio Manager on the terms and conditions contained in the Discretionary Portfolio Investment Management agreement, wherein the Portfolio Manager exercises or may exercise, any degree of discretion as to the investment of funds or management of the portfolio of Securities of the Client.