News > Paytm ties up with startup for PMS foray

Paytm ties up with startup for PMS foray

04/12/2021 09:26 AM | Click to read full article

Paytm founder Vijay Shekar Sharma is starting a Portfolio Management Scheme (PMS) in an alliance with PMS Bazaar, a Mumbai-based start-up that would devise investment strategies.

It will primarily focus on equities, with 95 percent of the funds invested in large, mid, and small-cap companies. Besides, gold, exchange-traded funds, and debt are other asset classes.

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