service management portfolio
Is trade payable reported in Form DPT-3?
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Hello All,
Is it mandatory to get the KYC of directors certified by practicing professional while attaching the same in the Form STK-2?
Hello All,
Is Section 14 applicable when changing the name of the company? Are we required to file 2 MGT-14 separately for the purpose or single MGT-14 will work?
Dear All,
What is the validity period for Private Placement Offer Letter, i.e. what should be the time period to apply for the shares under Private Placement?
Dear All,
What valuation guidelines are used while reporting foreign equity investment for listed companies?
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Dear All,
Are we required to file FLA return if we have current investments from a foreign country?
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Dear All,
What is the downstream investment?
investment downstream
Dear All,
What attachments are required to file a start up for a company?
start 
Discretionary portfolio management service (DPMS) and non-discretionary portfolio management service (NDPMS) are two different types of portfolio management services offered by investment management companies.
Discretionary portfolio management service is a type of portfolio management service where the portfolio manager has the authority to make investment decisions on behalf of the client without seeking prior consent for each investment decision. The portfolio manager takes into consideration the client's investment objectives, risk tolerance, and other factors, and makes investment decisions accordingly. The client has limited control over the investment decisions made by the portfolio manager.
On the other hand, non-discretionary portfolio management service is a type of portfolio management service where the portfolio manager provides investment advice to the client, but the final investment decision is made by the client. In this case, the portfolio manager provides investment ideas and recommendations to the client based on the client's investment objectives, risk tolerance, and other factors, but the client has complete control over the investment decisions.
In summary, the main difference between discretionary and non-discretionary portfolio management services is the level of control the client has over the investment decisions.