Skip to content

Mutual fund distribution, ARN 305079.

Disclosures

Grow, depth layer

Advanced investments

A depth layer under Grow. What PMS, AIF, SIF and ETFs are, who they are meant for, and the eligibility, liquidity and cost realities to understand first.

This is not a separate service. It is a depth layer that sits under Grow, for people whose core plan is already in place. Most goals are met with straightforward routes. These structures are considered only when the base is settled and the added complexity, cost and lock-in are genuinely understood.

Everything below is education. It is not an offer, not a recommendation and not confirmation that any specific structure is available through Finvest Capital.

Read this before the structures

  • This layer is considered only after the base plan is in place: an emergency reserve, cover that fits the family, and goal-linked investing that is already running.
  • Eligibility, minimum commitments and access rules are set by the regulator and the provider, not by us. They are confirmed in writing before anything proceeds.
  • Liquidity is usually lower and lock-ins are common. Money that may be needed at short notice does not belong here.
  • Costs, structures and tax treatment are more complex than in a standard scheme, and the documents must be read in full.
  • Availability through Finvest Capital depends on verified permissions for the specific structure. Where a permission is not held, we will say so plainly rather than route you anyway.

Structures

What each one actually is

PMS

Portfolio Management Services

A professionally managed portfolio of securities held in your own name and demat account, managed under a discretionary or non-discretionary mandate.

Meant for
Investors with a substantial, settled corpus who want a mandate run separately rather than pooled.
Eligibility and access
A regulated minimum investment applies and is set by the regulator. It is confirmed from the current rules before any discussion of amounts.
Liquidity
Redemption follows the agreement and the underlying holdings. It is not designed for short notice needs.
Cost and complexity
Management fees, possible performance fees, transaction costs and separate tax reporting on your own holdings.

AIF

Alternative Investment Funds

Pooled vehicles registered in categories that may invest in areas such as private markets, structured credit or long-short strategies.

Meant for
Experienced investors who accept illiquidity and concentrated strategy risk in a small part of a wider plan.
Eligibility and access
A regulated minimum commitment applies per investor, and category rules restrict who may participate.
Liquidity
Typically closed-ended or restricted, often over multiple years, with capital drawn in stages for some categories.
Cost and complexity
Layered fees, carried interest in some structures, and reporting that requires attention at tax time.

SIF

Specialised Investment Funds

A newer regulated category positioned between mutual funds and alternatives, with wider strategy freedom than a standard scheme.

Meant for
Investors who already understand standard schemes and want a strategy that a plain scheme structure cannot express.
Eligibility and access
Minimum investment and strategy rules are set by the regulator. Distribution requires a current, verified qualification.
Liquidity
Depends on the strategy and the scheme documents. Subscription and redemption windows can be restricted.
Cost and complexity
Expenses and risk levels are strategy specific and stated in the scheme documents.

ETF

Exchange Traded Funds

Funds listed on an exchange that usually track an index and are bought and sold like a share through a demat and trading account.

Meant for
Investors comfortable transacting on an exchange who want index exposure with low ongoing cost.
Eligibility and access
A demat and trading account is required. There is no regulated minimum beyond the traded unit price.
Liquidity
Traded during market hours, subject to the spread and the liquidity of the specific unit on the day.
Cost and complexity
Low ongoing expenses in most cases, plus brokerage, spread and the risk of buying away from the underlying value.

At a glance

Sits under
Grow
Nature of this page
Education, not an offer
Prerequisite
A settled base plan
Decided by
Regulator and provider rules

The base comes first, then the depth layer

The lower band is the plan that has to be settled first. The lanes above compare structures on the terms that actually differ between them, not on returns.

Secure the base first

  • An emergency reserve you can reach without selling anything
  • Life and health cover sized to the people who depend on you
  • Goal linked investing running as a habit, not as a reaction
  • High cost borrowing dealt with before new complexity is added

The depth layer is a possible next step for a plan that is already stable. It is not an upgrade, and it is not better than the base.

Exchange Traded Funds

A fund listed on an exchange, usually tracking an index, bought and sold like a share.

Access threshold
Access needs a demat and trading account rather than a regulated minimum.
Ownership or pooling
Pooled. You hold units of the fund in your demat account.
Liquidity
Traded during market hours, subject to the spread and the liquidity of the unit on the day.
Fee complexity
Low ongoing expenses in most cases, plus brokerage and the spread.
Strategy freedom
Tracking difference and the risk of transacting away from the underlying value.

Not currently offered through Finvest Capital. Education only, and we will say so rather than route you elsewhere.

Side by side

Four structures, answered on the same questions

Educational comparison of exchange traded funds, specialised investment funds, portfolio management services and alternative investment funds. Structural information only. No performance, no recommendation and no offer to transact.
QuestionETFExchange Traded FundsSIFSpecialised Investment FundsPMSPortfolio Management ServicesAIFAlternative Investment Funds
What the structure isA fund listed on an exchange, usually tracking an index, bought and sold like a share.A regulated category positioned between mutual funds and alternatives, with wider strategy freedom than a standard scheme.A managed portfolio of securities held in your own name and demat account under a stated mandate.A pooled vehicle registered in a category that may invest in areas such as private markets, structured credit or long short strategies.
Pooled or separately heldPooled. You hold units of the fund in your demat account.Pooled, under the scheme structure.Held separately in your own name, not pooled with other investors.Pooled, with capital commitments across investors.
Who manages itThe fund house, usually tracking a stated index rather than selecting stocks.The fund house, under the strategy set out in the scheme documents.A SEBI registered portfolio management provider, under a discretionary or non discretionary mandate.The registered fund manager, under the category rules and the fund documents.
Access or regulated minimumAccess needs a demat and trading account rather than a regulated minimum.A regulated aggregate minimum applies. It is confirmed from the current framework.A regulated minimum applies. It is confirmed in writing from the current rules.A regulated minimum commitment applies per investor, with category rules on top.
Liquidity or redemptionTraded during market hours, subject to the spread and the liquidity of the unit on the day.Depends on the strategy. Subscription and redemption windows can be restricted.Follows the agreement and the underlying holdings. Not designed for short notice needs.Often closed ended or restricted over several years, with capital drawn in stages in some categories.
Common fee layersLow ongoing expenses in most cases, plus brokerage and the spread.Scheme expenses that are strategy specific and stated in the documents.Management fees, possible performance fees and transaction costs.Layered fees and, in some structures, carried interest.
Key complexity or riskTracking difference and the risk of transacting away from the underlying value.Wider strategy freedom means the risk is specific to the strategy, not to the label.Concentration risk and separate tax reporting on holdings in your own name.Illiquidity, concentrated strategy risk and reporting that needs attention at tax time.
Document to readScheme related documents and the index methodology.Scheme documents, including the strategy description and risk disclosures.The disclosure document and the portfolio management agreement.The private placement memorandum and the contribution agreement.

ETF

Not currently offered through Finvest Capital. Education only, and we will say so rather than route you elsewhere.

SIF

Not currently offered through Finvest Capital. Education only, and we will say so rather than route you elsewhere.

PMS

Not currently offered through Finvest Capital. Education only, and we will say so rather than route you elsewhere.

AIF

Not currently offered through Finvest Capital. Education only, and we will say so rather than route you elsewhere.

This layer is usually premature if

  • The emergency reserve is not yet built or is already committed elsewhere
  • Health or life cover is missing, thin or untested against a real scenario
  • The money may be needed inside the lock-in period of the structure
  • The core goal-linked investing habit has not run through a full market cycle

If the base plan is still being built, start with mutual funds and the way we work.

Questions people ask

Questions people ask

Availability and role

Availability, eligibility and Finvest Capital's role depend on the applicable product, provider arrangement and verified permissions. This page is educational and is not an offer or recommendation.

Important information

Finvest Capital's mutual fund role: Mutual fund distribution, ARN 305079. Mutual fund investments are subject to market risks. Read all scheme related documents carefully. Past performance does not indicate future results. Finvest Capital does not provide investment advisory services and does not guarantee any outcome.

One clear plan for the life you are building.

Begin with a short conversation. No documents and no commitment at this stage.

Start a conversationCall +91 97179 91596