--- title: "PMS Alternative in India | RupeeCase vs PMS" description: "A PMS needs Rs 50 lakh and charges a fee on assets plus a performance share. Compare a rules based RupeeCase index held in your own demat." source_url: "https://www.rupeecase.com/vs/pms" --- RupeeCase vs PMS # The PMS playbook. Without the ₹50 lakh door. A PMS alternative with shares in your own name. A published rule instead of a manager's judgement, and one fee only when it trades. * **₹50 lakh**PMS minimum, SEBI * **2% + 20%**typical PMS fee * **0.2%**RupeeCase, of traded value [Sign up for RupeeCase](https://invest.rupeecase.com/signup)Slide your amount 01The decision ## You approve every rebalance. A discretionary PMS trades for you. RupeeCase shows you what the rule wants to buy and sell, and your broker places it when you approve. 02The ticket ## ₹50 lakh opens a PMS. ₹26,000 opens RupeeCase. SEBI sets a ₹50 lakh minimum for a PMS. Each RupeeCase strategy needs only enough to hold whole shares at its weights. Slide your amount. Your amount₹2,50,000 **PMS**Closed until ₹50 lakh **RupeeCase***15* of 18 strategies open * **5Paisa Focused Alpha 5**₹26,000 * **Healthcare Basket**₹35,000 * **Energy Basket**₹50,000 * **Midcap Smallcap**₹79,000 * **Focused Largecap 20**₹99,000 * **Midcap**₹99,000 * **Large Cap Multi Asset**₹1,23,000 * **Largecap Hybrid**₹1,23,000 * **Large Midcap**₹1,97,000 * **Microcap**₹2,16,000 * **Nifty 50 Equal Weight**₹2,29,000 * **Smallcap**₹2,36,000 * **Allcap**₹2,42,000 * **Large Mid Hybrid**₹2,46,000 * **Large Mid Multi Asset**₹2,46,000 * **Dynamic Asset Allocator**₹2,63,220 * **Allcap Multi Asset**₹3,02,000 * **TotalMarket Hybrid**₹3,02,000 RupeeCase minimums from the published lineup of 17 Jul 2026; they move with the prices of the holdings. PMS: the SEBI minimum. Not a recommendation to invest any amount. 03Transparency ## A manager's call. Or a rule in the open. A PMS sends you statements of what was done. Every RupeeCase strategy publishes its rule before it runs, and every rebalance after: what came in, what went out, what stayed. * **The rule,** universe and cadence on each strategy page. * **Every rebalance,** dated, in the published record. * **Your approval** before your broker places the orders. 04The rest, in four lines ## Fee, decision, exit and tax. ### Fee RupeeCase**0.2% of traded value, per rebalance** PMS**About 2% a year plus 20% of profits above a hurdle** Typical PMS fee as stated on the current RupeeCase pricing page. ### Who decides RupeeCase**The published rule; you approve** PMS**The portfolio manager, discretionary** ### Exit RupeeCase**Sell any trading day, cash T+1** PMS**Days, per agreement; exit load often early** ### Tax RupeeCase**In your hands, on each sale** PMS**In your hands, on every trade** STCG 20%, LTCG 12.5% above ₹1.25 lakh a year for listed equity. 05The honest part ## When a PMS can make sense. Some investors want a person, not a rule. That is a fair choice. * **You want a named manager's judgement,** including stock picks a rule would never make, and you trust that process. * **You want a fully hands off account.** A discretionary PMS trades without asking you; RupeeCase asks you to approve each rebalance. * **You want a bespoke mandate** and a relationship manager, and the ₹50 lakh minimum is not a constraint. * **You want strategies outside rules based equity,** such as concentrated fundamental or special situation portfolios. 06Questions ## RupeeCase or a PMS? Straight answers, written to be quoted. ### Is RupeeCase a PMS? No. RupeeCase is a technology platform, not a portfolio manager. It publishes rule based strategies, each packaged like an index, and your own broker executes the trades in your own demat when you approve a rebalance. QC Alpha Technologies Pvt Ltd is not registered with SEBI as a portfolio manager. ### What is the minimum for a PMS compared with RupeeCase? SEBI sets a ₹50 lakh minimum for a PMS. RupeeCase strategies start from ₹26,000, with the highest published minimum at ₹3,02,000 (lineup of 17 Jul 2026), because each strategy needs enough capital to hold whole shares at its weights. ### How do PMS fees compare? A typical PMS charges about 2% of assets a year plus a 20% share of profits above a hurdle, as stated on the current RupeeCase pricing page. RupeeCase charges only 0.2% of traded value per rebalance: no AUM fee, no profit share, no performance fee. ### Who holds the shares? In both cases the shares are typically in your name. In a PMS the account is operated by the manager; with RupeeCase it is your own broker account and you approve each rebalance. ### Is the tax the same? Broadly yes. In both a PMS and RupeeCase each sale is taxed in your hands: STCG at 20% and LTCG at 12.5% above ₹1.25 lakh a year for listed equity. Rules change; consult a tax professional. ### Can I see the strategy before I invest? With RupeeCase, yes: the rule, the universe, the holdings, every past rebalance and the full model back test after costs are on each strategy page. Model, back tested figures are not a promise of future returns. Explore next ## Where to go next. * [SolutionsA PMS and AIF alternative for HNIsOwn demat, one fee](/solutions/hni) * [CalculatorFee drag over 20 yearsFree, with the formula and a worked example](/learn/tools/fee-drag-calculator) * [PricingRupeeCase pricing0.2% of traded value per rebalance, nothing else](/pricing) ## Own the shares. Read the rule. No ₹50 lakh door, no profit share. Every rule and rebalance in the open. [Sign up for RupeeCase](https://invest.rupeecase.com/signup)[Work out your fees](/fee-calculator) [RupeeCase vs mutual funds](/vs/mutual-funds)[RupeeCase vs AIFs](/vs/aif)[All four, side by side](/vs/) Typical fee levels: mutual funds 0.3% to 2.5% of assets a year, PMS 2% of assets plus a 20% profit share, as stated on the current RupeeCase pricing page; AIF Category III about 2% plus 20%; PMS minimum ₹50 lakh and AIF minimum ₹1 crore under SEBI rules. Every product differs; read its own documents. RupeeCase is a technology platform operated by QC Alpha Technologies Pvt Ltd. It is not a mutual fund, a PMS, an AIF or a SEBI registered investment adviser. Research by QC Alpha Research Pvt Ltd, SEBI research analyst registration pending. Trades execute through your own SEBI registered broker. Investments in securities markets are subject to market risks. Nothing here is investment advice. Photography: Mumbai skyline at 1830 by pronzz97 from Mumbai, India, [CC BY 2.0](https://creativecommons.org/licenses/by/2.0/); Coastal Road (Mumbai), by night by Qiw007, [CC BY 4.0](https://creativecommons.org/licenses/by/4.0/); BSE Building Front Side by Pradeep717, [CC BY-SA 4.0](https://creativecommons.org/licenses/by-sa/4.0/); other photographs CC0, public domain or our own, regraded; device screens show the RupeeCase app on sample data. Full list: [credits](/instiv2/credits.json).