PMS and AIFs,
for clients who need more.
Introduce clients to the portfolio managers and funds we distribute — PMS from ₹50 lakh, AIFs generally from ₹1 crore — with our desk alongside you on the paperwork.
- PMS minimum
- ₹50 lakh
- AIF minimum
- Generally ₹1 crore
- PMS fees to you
- Trail only, disclosed
- You need
- NISM XXI-A + APMI APRN
Distribution at the top end.
Portfolio management services start at ₹50 lakh and most AIFs at ₹1 crore. You bring the relationship; we bring the shortlisted managers, their documents and a desk that handles onboarding with you.
- NISM Series XXI-A and APMI registration (APRN), for PMS
- NISM’s AIF distributor certification, for AIFs
- Risk profiling and suitability before any product
- Trail-based fees, disclosed to the client
You keep the client. We do the heavy lifting.
The managers and funds we distribute, with their disclosure documents — shared in the first conversation.
Account opening, the PMS agreement or AIF contribution agreement, and KYC, handled with our desk.
Risk profiling before any product, and the minimums checked at the start.
The manager’s statements, and our desk for your client reviews.
Under SEBI’s rules, PMS distribution fees are paid only on a trail basis, out of the portfolio manager’s own fees, and are disclosed to the client — there is no upfront commission. AIF distribution fees are likewise disclosed in the fund’s documents.
From first call to your own desk.
- 1Talk to the desk
Your client base and what they invest in.
- 2Certification
NISM Series XXI-A for PMS, and the AIF distributor certification for AIFs.
- 3APMI registration
Your APRN from APMI, needed to distribute PMS.
- 4Empanelment
Your agreement with us and access to the shelf.
- 5Start
Introduce clients, with our desk on the paperwork.
PMS & AIF distributor, answered.
₹50 lakh for a PMS and, for most AIFs, ₹1 crore — both set by SEBI regulations.
Only on a trail basis, out of the portfolio manager’s fees, and disclosed to the client. SEBI does not allow upfront commission on PMS.
Yes, to distribute PMS: pass NISM Series XXI-A and register with APMI for an APRN.
We share the current list and their disclosure documents in the first conversation, because it changes as managers are added and reviewed.
Yes — mutual funds through our platform with your own ARN, and broking as an Authorised Person.
Become a part of the
Labdhi partner network.
Make the first move toward your own book. We will talk through your market, the route that fits, and what the arrangement looks like in writing — before you commit to anything.
Authorised Persons must be registered with the stock exchanges and affiliated to a member of a recognised stock exchange. Mutual fund distributors need an AMFI ARN, and PMS distributors APMI registration. Revenue-share and commission arrangements are agreed in writing before onboarding and vary by route and scale. Investment in securities market are subject to market risks. Read all the related documents carefully before investing.