Portfolio Management Services (PMS) are personalized investment solutions offered by financial institutions or professional portfolio managers. Investors with significant capital pool their funds, and experts manage a diversified portfolio on their behalf. PMS aims to optimize returns based on individual risk profiles, financial goals, and investment horizons. Tiare has partnered with different PMS providers like Purnartha, AMBIT, Green Portfolio, Abakkus, Equitree Capital, Nuvama, Kotak, Carnelian Capital, etc., for their PMS distribution.

AIF refers to the collection of pooled investment funds that infuse in hedge funds, private equity, venture capital, and other investment types. PMS offers direct ownership of securities and relatively less liquidity whereas AIFs have specific lock-in periods and may have limited liquidity options.