When it comes to investing, one size doesn’t fit all. Choosing between Mutual Funds, PMS, and AIF can be daunting — but understanding the differences helps you take control. Feature Mutual Funds PMS AIF Minimum Investment ₹500 ₹50 Lakhs ₹1 Crore Customization Low Medium to High High Reporting NAV based Stock-level details Strategy & asset class based Suitable for Retail investors HNIs Sophisticated investors