{"id":91258,"date":"2026-11-06T15:41:17","date_gmt":"2026-11-06T10:11:17","guid":{"rendered":"https:\/\/enterslice.com\/learning\/?p=91258"},"modified":"2026-11-06T18:22:04","modified_gmt":"2026-11-06T12:52:04","slug":"sebi-pms-reporting-requirements","status":"publish","type":"post","link":"https:\/\/enterslice.com\/learning\/sebi-pms-reporting-requirements\/","title":{"rendered":"What are the SEBI PMS Reporting Requirements and Regulatory Filing Deadlines?\u00a0\u00a0"},"content":{"rendered":"<p>Portfolio Management Services (PMS) is a SEBI-regulated investment service in India. Professional portfolio managers manage the investments of clients through this service. However, this work does not only involve investment management. Various reports have to be submitted as per the rules prescribed by SEBI.&nbsp;<\/p>\n\n\n\n<p>PMS providers are required to make regular reports, disclose information and file within a specified period. SEBI can monitor their work and help investors get accurate information about their portfolio.&nbsp;<\/p>\n\n\n\n<p>This reporting includes filing on a monthly, quarterly, annual, and special event <a class=\"glossaryLink\"  aria-describedby=\"tt\"  data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;Basis&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;In finance, the &amp;quot;basis&amp;quot; is a term with several applications, including representing the difference between the spot price and the future contract price of an asset, which is vital in investment(...)&lt;\/div&gt;\"  href=\"https:\/\/enterslice.com\/learning\/terms\/basis\/\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]'>basis<\/a>. SEBI notified new Portfolio Managers Regulations in 2026. These rules will come into effect from April 1, 2027. The 2020 Regulations and current guidelines will be applicable.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Understanding the SEBI PMS Regulatory Framework &nbsp;<\/h2>\n\n\n\n<p>SEBI has specific rules for the operation of Portfolio Management Services in India. These rules ensure the functioning, reporting, and protection of clients by PMS providers.&nbsp;<\/p>\n\n\n\n<p>Here are some important rules and guidelines to be followed-&nbsp;<\/p>\n\n\n\n<ul>\n<li><strong>SEBI (Portfolio Managers) Regulations, 2020:<\/strong> This is the main regulatory framework for PMS providers. The revised 2020 regulations will remain in force till March 31, 2027.&nbsp;<br><\/li>\n\n\n\n<li><strong>SEBI Master Circular, July 16, 2025: <\/strong>This circular has put together important guidelines for reporting, operations, and disclosure of information by PMS.&nbsp;<br><\/li>\n\n\n\n<li><strong>SEBI (Portfolio Managers) Regulations, 2026: <\/strong>SEBI has published new regulations. It will be effective from April 1, 2027.&nbsp;<br><\/li>\n\n\n\n<li><strong>Compliance Officer:<\/strong> PMS providers are required to have appropriate mechanisms in place to monitor compliance regularly. The compliance officer plays an important role in this process.&nbsp;<\/li>\n<\/ul>\n\n\n\n<p>This report is to monitor AUM, client investments, transactions, and performance.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">PMS reporting is mainly of two types:&nbsp;<\/h3>\n\n\n\n<p>1. Regulatory Reporting: Direct reporting to SEBI.&nbsp;<\/p>\n\n\n\n<p>2. Client Reporting: Reporting portfolio, returns, and other information to investors.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">SEBI PMS Reporting Requirements&nbsp;<\/h2>\n\n\n\n<p>SEBI PMS providers are required to submit reports at various intervals. Through these reports, the regulatory body can understand their activities and compliance status. The reporting period is fixed on a monthly, quarterly, and annual basis.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Monthly Reporting Requirements&nbsp;<\/h3>\n\n\n\n<p>Every registered Portfolio Manager is required to submit a monthly activity report to SEBI. This report contains information about the Portfolio Management Activities conducted during the respective months.&nbsp;<\/p>\n\n\n\n<p>The report should mention the Assets Under Management (AUM) as on the last calendar day of the month. Other information related to portfolio management should also be provided.&nbsp;<\/p>\n\n\n\n<p>For submitting this report, the SEBI Intermediaries Portal should be used. The report should be prepared as per the prescribed format given in Annexure 5A of the Master Circular.&nbsp;<\/p>\n\n\n\n<p><strong>Filing Deadline:<\/strong> The report should be submitted within 7 working days after the end of each month.&nbsp;<\/p>\n\n\n\n<p>Online submission of the report is sufficient. There is no need to send a separate hard copy for this.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Quarterly Reporting Requirements&nbsp;<\/h3>\n\n\n\n<p>Apart from the monthly report, Portfolio Managers are required to submit Off-site Inspection Data to SEBI every quarter. This report contains client-wise investment and portfolio information.&nbsp;<\/p>\n\n\n\n<p>It mainly includes two important pieces of information:&nbsp;<\/p>\n\n\n\n<p>&#9679; &#8239; &#8239; &#8239;<strong>Client Folio AUM: <\/strong>Information on Assets Under Management of each client&rsquo;s portfolio.&nbsp;<\/p>\n\n\n\n<p>&#9679; &#8239; &#8239; &#8239;<strong>Client Holding Master: <\/strong>Details of various securities and other investments held by clients.&nbsp;<\/p>\n\n\n\n<p>In addition, day-wise data, details of clients&rsquo; holdings, and transactions are required for specific information. The report is to be prepared as per Annexure 5B of the Master Circular.&nbsp;<\/p>\n\n\n\n<p><strong>Filing Deadline:<\/strong> The report is to be submitted within 15 calendar days of the end of each quarter. SEBI uses this information to monitor portfolio management.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Annual Compliance Reporting&nbsp;<\/h3>\n\n\n\n<p>Portfolio managers are required to submit an annual compliance report at the end of every financial year. This report contains information on compliance with applicable regulations, circulars, and other guidelines for SEBI.&nbsp;<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Some important points should be mentioned in the report:&nbsp;<\/h4>\n\n\n\n<ul>\n<li> &#8239; &#8239; &#8239;Details of compliance throughout the year.&nbsp;<br><\/li>\n\n\n\n<li> &#8239; &#8239; &#8239;Information on any violation of regulations.&nbsp;<br><\/li>\n\n\n\n<li> &#8239; &#8239; &#8239;Steps taken to resolve the identified issues.&nbsp;<br><\/li>\n\n\n\n<li> &#8239; &#8239; &#8239;Details of important compliance issues.&nbsp;<br><\/li>\n\n\n\n<li> &#8239; &#8239; &#8239;Approval of the Board should also be taken as required.&nbsp;<\/li>\n<\/ul>\n\n\n\n<p><strong>Filing deadline: <\/strong>Annual Compliance Report should be submitted to SEBI within 30 calendar days of the end of the financial year.&nbsp;<\/p>\n\n\n\n<p>In addition, the principal officer should submit a separate compliance certificate. The deadline is within 60 calendar days of the end of the financial year.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Annual Performance Audit Reporting&nbsp;<\/h3>\n\n\n\n<p>Portfolio managers are required to audit firm-level performance data every year. This verifies whether the investment performance information has been calculated correctly.&nbsp;<\/p>\n\n\n\n<p>This audit is to be done independently. The Standard Terms of Reference set by the Association of Portfolio Managers in India (APMI) are to be followed during the audit.&nbsp;<\/p>\n\n\n\n<p>Along with the audit report, confirmation of compliance is also to be submitted to SEBI. The required certification is to be given by the authorized director, partner, or other responsible person.&nbsp;<\/p>\n\n\n\n<p><strong>Filing deadline: <\/strong>Within 60 calendar days of the end of the financial year.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Corporate Governance Reporting&nbsp;<\/h3>\n\n\n\n<p>The Corporate Governance Report is an important part of the annual compliance of PMS providers. This report has to highlight various aspects of the internal control and management of the organization.&nbsp;<\/p>\n\n\n\n<p>It usually includes the following:&nbsp;<\/p>\n\n\n\n<ul>\n<li> &#8239; &#8239; &#8239;Results and observations of internal audits.&nbsp;<br><\/li>\n\n\n\n<li> &#8239; &#8239; &#8239;Compliance deficiencies identified during the financial year.&nbsp;<br><\/li>\n\n\n\n<li> &#8239; &#8239; &#8239;Warning or deficiency letters received from SEBI.&nbsp;<br><\/li>\n\n\n\n<li> &#8239; &#8239; &#8239;Steps taken to resolve the issues identified.&nbsp;<br><\/li>\n\n\n\n<li> &#8239; &#8239; &#8239;Investor complaints and status of their resolution.&nbsp;<br><\/li>\n\n\n\n<li> &#8239; &#8239; &#8239;Review of compliance issues by the Board.&nbsp;<\/li>\n<\/ul>\n\n\n\n<p>PMS providers are also required to have <a class=\"glossaryLink\"  aria-describedby=\"tt\"  data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;Internal Audit&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;A glossary on internal audit is a valuable resource that compiles and defines essential terms and concepts in the field of internal auditing. It aids professionals and learners in comprehending(...)&lt;\/div&gt;\"  href=\"https:\/\/enterslice.com\/learning\/terms\/internal-audit\/\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]'>internal audit<\/a> arrangements. This audit can be conducted by a Practicing Chartered Accountant (CA) or Company Secretary (CS).&nbsp;<\/p>\n\n\n\n<p><strong>Filing Deadline: <\/strong>The<strong> <\/strong>Corporate Governance Compliance Report must be submitted to SEBI within 30 calendar days of the end of the financial year. SEBI gets a clear idea about the control system and compliance status of the organization.&nbsp;<\/p>\n\n\n\n<style>\n  \/* Enterslice CTA &mdash; scoped styles *\/\n  .es-cta-wrap { font-family: 'DM Sans', 'Segoe UI', system-ui, sans-serif; }\n  .es-cta-wrap > h2 {\n    color: #111c45;\n    font-family: 'Manrope', 'Segoe UI', sans-serif;\n    font-weight: 800;\n    font-size: 1.6rem;\n    margin: 0 0 14px;\n  }\n  .calling-person.blog_cta {\n    position: relative;\n    overflow: hidden;\n    padding: 30px 34px;\n    border-radius: 18px;\n    background:\n      radial-gradient(circle at 12% 18%, rgba(117,61,238,0.30), transparent 45%),\n      radial-gradient(circle at 88% 82%, rgba(56,91,251,0.30), transparent 50%),\n      linear-gradient(135deg, #0d1638 0%, #111c45 40%, #1e2e7e 100%);\n    color: #ffffff;\n    box-shadow: 0 16px 40px rgba(17,28,69,0.28);\n    border: 1px solid rgba(255,255,255,0.06);\n  }\n  \/* Subtle diagonal shine *\/\n  .calling-person.blog_cta::before {\n    content: '';\n    position: absolute; 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Get a free consultation from Enterslice experts.<\/h2>\n            <p class=\"mt-3\">\n              <i class=\"fa fa-star\"><\/i>\n              <i class=\"fa fa-star\"><\/i>\n              <i class=\"fa fa-star\"><\/i>\n              <i class=\"fa fa-star\"><\/i>\n              <i class=\"fa fa-star-half-full\"><\/i>\n              <span class=\"ms-2 text-white\">(4.8) 15,000+ clients served<\/span>\n            <\/p>\n          <\/div>\n        <\/div>\n      <\/div>\n      <div class=\"col-xs-12 col-sm-12 col-md-12 col-lg-8 mx-auto\">\n        <div class=\"d-flex justify-content-between call-chat\">\n            <a href=\"https:\/\/enterslice.com\/consultation?sid=MitYQU1leThMTW8wWVluQVJtR0k1QT09\" target=\"_blank\" rel=\"noopener\" class=\"es-wa-btn\" aria-label=\"Connect with Enterslice on WhatsApp\">\n      <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewbox=\"0 0 32 32\" fill=\"currentColor\">\n        <path d=\"M16 3a13 13 0 00-11.3 19.4L3 29l6.9-1.7A13 13 0 1016 3zm0 23.6a10.6 10.6 0 01-5.4-1.5l-.4-.2-4 1 1-3.9-.2-.4a10.6 10.6 0 1119 5 10.6 10.6 0 01-10 0zm5.8-7.9c-.3-.2-1.9-.9-2.2-1s-.5-.2-.7.2-.8 1-1 1.2-.4.2-.7 0a8.6 8.6 0 01-2.5-1.6 9.5 9.5 0 01-1.8-2.2c-.2-.3 0-.5.1-.6l.5-.6a2 2 0 00.3-.5.6.6 0 000-.5c0-.2-.7-1.7-1-2.3s-.5-.5-.7-.5h-.6a1.2 1.2 0 00-.8.4 3.5 3.5 0 00-1.1 2.6 6 6 0 001.3 3.2 13.8 13.8 0 005.3 4.7c.7.3 1.3.5 1.8.7a4.3 4.3 0 002 .1 3.3 3.3 0 002.1-1.5 2.6 2.6 0 00.2-1.5c-.1-.1-.3-.2-.6-.4z\"><\/path>\n      <\/svg>\n      Connect with ENTERSLICE Today\n    <\/a>\n        <\/div>\n      <\/div>\n    <\/div>\n  <\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">PMS Client Reporting and Disclosure Requirements &nbsp;<\/h2>\n\n\n\n<p>PMS providers are required to submit regulatory reports as per SEBI norms. They are also required to provide accurate information to their clients on a regular basis. This enables investors to know about their portfolios, returns, expenses, and investment risks.&nbsp;<\/p>\n\n\n\n<ol>\n<li><strong>Quarterly Client Statements&nbsp;<\/strong><\/li>\n<\/ol>\n\n\n\n<p>PMS providers are required to provide Portfolio Statements to their clients every quarter. This report contains information about investment status and related transactions.&nbsp;<\/p>\n\n\n\n<p>The Quarterly Client Statement generally contains the following:&nbsp;<\/p>\n\n\n\n<ul>\n<li>Composition and current <a class=\"glossaryLink\"  aria-describedby=\"tt\"  data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;Market&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;A market is a structured environment, either physical or virtual, where buyers and sellers convene to trade goods and services. This trading hub operates based on the principles of supply and(...)&lt;\/div&gt;\"  href=\"https:\/\/enterslice.com\/learning\/terms\/market\/\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]'>market<\/a> value of the client&rsquo;s portfolio.&nbsp;<br><\/li>\n\n\n\n<li>Details of Securities, Units, and Cash Balance.&nbsp;<br><\/li>\n\n\n\n<li>Information on investments bought and sold during the period.&nbsp;<br><\/li>\n\n\n\n<li>Dividend, Interest, Bonus Shares, and Rights Entitlements.&nbsp;<br><\/li>\n\n\n\n<li>Management fees and other expenses.&nbsp;<br><\/li>\n\n\n\n<li>Potential risks associated with the portfolio and investments.&nbsp;<\/li>\n<\/ul>\n\n\n\n<p>The format prescribed in Annexure 5D of the SEBI Master Circular is to be followed for preparing this report.&nbsp;<\/p>\n\n\n\n<ol start=\"2\">\n<li><strong>Performance Reporting to Clients &nbsp;<\/strong><\/li>\n<\/ol>\n\n\n\n<p>Portfolio Managers are required to use specific methods to communicate investment performance to clients. XIRR and TWRR are important here.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Reporting Type<\/strong>&nbsp;<\/td><td><strong>Requirement<\/strong>&nbsp;<\/td><\/tr><tr><td><strong>Individual client performance<\/strong>&nbsp;<\/td><td>XIRR for each investment approach&nbsp;<\/td><\/tr><tr><td><strong>Investment approach comparison<\/strong>&nbsp;<\/td><td>Minimum, maximum, and median XIRR across investors&nbsp;<\/td><\/tr><tr><td><strong>Public performance communication<\/strong>&nbsp;<\/td><td>TWRR with the trailing return of the selected benchmark&nbsp;<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>XIRR calculates the return based on the time of deposit and withdrawal of the client&rsquo;s money. On the other hand, TWRR shows investment performance by reducing the impact of external cash flows. Using these methods, investors can understand the return more easily.&nbsp;<\/p>\n\n\n\n<ol start=\"3\">\n<li><strong>&nbsp;Disclosure Document Requirements &nbsp;<\/strong><\/li>\n<\/ol>\n\n\n\n<p>Before investing in PMS, the client is required to provide a Disclosure Document. It contains important terms of service and investment-related information.&nbsp;<\/p>\n\n\n\n<p>This document usually includes the following:&nbsp;<\/p>\n\n\n\n<ul>\n<li>Fees, charges, and other expenses.&nbsp;<br><\/li>\n\n\n\n<li>Investment Objectives and Portfolio Risks.&nbsp;<br><\/li>\n\n\n\n<li>Related Party Transactions.&nbsp;<br><\/li>\n\n\n\n<li>Past performance information.&nbsp;<br><\/li>\n\n\n\n<li>Audited Financial Statements for the last three years.&nbsp;<\/li>\n<\/ul>\n\n\n\n<p>The portfolio manager is required to keep the latest disclosure document available on its website. The revised document must be submitted to SEBI for any material change. As per the current rules, this filing has to be done within 7 working days of the change.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Event-Based PMS Regulatory Filings&nbsp;<\/h2>\n\n\n\n<p>PMS providers are not required to submit all reports as per a specific monthly or quarterly schedule. Any significant change in business, ownership, or management must be reported to SEBI. These are called event-based regulatory filings.&nbsp;<\/p>\n\n\n\n<p>Some important events and related compliance details are given below-&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>Event&nbsp;<\/td><td>Compliance Requirement&nbsp;<\/td><\/tr><tr><td><strong>Change in control<\/strong>&nbsp;<\/td><td>Obtain prior approval from SEBI through the prescribed process&nbsp;<\/td><\/tr><tr><td><strong>Change in control communication<\/strong>&nbsp;<\/td><td>Inform existing clients and provide an exit option without an exit load.&nbsp;<\/td><\/tr><tr><td><strong>Change in Principal Officer<\/strong>&nbsp;<\/td><td>Notify SEBI and clients within the applicable timeline.&nbsp;<\/td><\/tr><tr><td><strong>Material change in Disclosure Document<\/strong>&nbsp;<\/td><td>File the revised document with SEBI within 7 working days.&nbsp;<\/td><\/tr><tr><td><strong>Scheme of arrangement<\/strong>&nbsp;<\/td><td>Obtain SEBI approval before approaching NCLT and complete subsequent filings within the prescribed period&nbsp;<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>In case of a change in control, the portfolio manager must obtain prior approval from SEBI. The existing clients also have to be informed about the change. They have to be given an exit window of at least 30 calendar days. During this period, clients can exit the investment without any exit load.&nbsp;<\/p>\n\n\n\n<p>There are different rules for Change of Principal Officer, Material Amendments in Disclosure Document, and Scheme of Arrangement.&nbsp;<\/p>\n\n\n\n<p>The filing deadline for each event is not the same. So, it is important to check the relevant SEBI Circular and applicable rules before implementing any change.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">SEBI PMS Compliance Calendar and Filing Deadlines&nbsp;<\/h2>\n\n\n\n<p>PMS providers must submit multiple reports within a specific time frame. So, it is important to have a compliance calendar for when a report should be submitted. This reduces the risk of missing deadlines.&nbsp;<\/p>\n\n\n\n<p>Here are important PMS reporting and filing deadlines.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>Compliance Requirement&nbsp;<\/td><td>Frequency&nbsp;<\/td><td>Filing Deadline&nbsp;<\/td><\/tr><tr><td>Monthly activity report&nbsp;<\/td><td>Monthly&nbsp;<\/td><td>7 working days after month-end&nbsp;<\/td><\/tr><tr><td>Off-site inspection data&nbsp;<\/td><td>Quarterly&nbsp;<\/td><td>15 calendar days after quarter-end&nbsp;<\/td><\/tr><tr><td>Client portfolio statement&nbsp;<\/td><td>Quarterly&nbsp;<\/td><td>As prescribed under applicable requirements&nbsp;<\/td><\/tr><tr><td>Annual compliance report&nbsp;<\/td><td>Annual&nbsp;<\/td><td>30 calendar days after FY-end&nbsp;<\/td><\/tr><tr><td>Corporate governance report&nbsp;<\/td><td>Annual&nbsp;<\/td><td>30 calendar days after FY-end&nbsp;<\/td><\/tr><tr><td>Firm-level performance audit report and confirmation&nbsp;<\/td><td>Annual&nbsp;<\/td><td>60 calendar days after FY-end&nbsp;<\/td><\/tr><tr><td>Principal Officer compliance certificate&nbsp;<\/td><td>Annual&nbsp;<\/td><td>60 calendar days after FY-end&nbsp;<\/td><\/tr><tr><td>Distributor self-certification&nbsp;<\/td><td>Annual&nbsp;<\/td><td>15 calendar days after FY-end&nbsp;<\/td><\/tr><tr><td>Material Disclosure Document changes&nbsp;<\/td><td>Event-based&nbsp;<\/td><td>7 working days from the change&nbsp;<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>PMS providers should create a Central Compliance Calendar. A specific employee or officer should be assigned responsibility for each filing. Acknowledgement and other evidence of the submitted report should also be retained. This will help in future SEBI Inspection or Compliance Review.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Consequences of Not Meeting SEBI PMS Filing Deadlines &nbsp;<\/h2>\n\n\n\n<p>PMS providers may face various compliance issues if they do not submit reports within the stipulated time. Late, incomplete or incorrect submission of information may lead to increased scrutiny by SEBI.&nbsp;<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Several risks may arise in this case:&nbsp;<\/h4>\n\n\n\n<ul>\n<li>Regulatory Scrutiny and Inspection Observations by SEBI.&nbsp;<br><\/li>\n\n\n\n<li>Directions or Corrective Measures by SEBI.&nbsp;<br><\/li>\n\n\n\n<li>Regulatory Action as per applicable Intermediary Regulations.&nbsp;<br><\/li>\n\n\n\n<li>Weak Internal Controls and Incomplete Compliance Records.&nbsp;<br><\/li>\n\n\n\n<li>Loss of investor confidence.&nbsp;<br><\/li>\n\n\n\n<li>Timely submission of reports is not enough. It is also important that the information is accurate, complete, and supported by necessary documents.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">How Can Enterslice Help with Compliance?&nbsp;<\/h2>\n\n\n\n<p>Compliance with SEBI&rsquo;s PMS norms requires proper planning and regular compliance monitoring. Enterslice can provide professional support to portfolio managers.&nbsp;<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Our Services:&nbsp;<\/h4>\n\n\n\n<ul>\n<li>Helping to understand applicable SEBI PMS Regulations and Circulars.&nbsp;<br><\/li>\n\n\n\n<li>Preparing and reviewing monthly, quarterly, and annual reports.&nbsp;<br><\/li>\n\n\n\n<li>Assistance in <a href=\"https:\/\/enterslice.com\/portfolio-manager-registration\"><strong>portfolio manager registration<\/strong><\/a> with SEBI. <br>&nbsp;<\/li>\n\n\n\n<li>Tracking important filing deadlines and Regulatory Updates.&nbsp;<br><\/li>\n\n\n\n<li>Helping to create and update Disclosure Documents.&nbsp;<br><\/li>\n\n\n\n<li>Assisting in documentation of Compliance Review and Performance Audit.&nbsp;<br><\/li>\n\n\n\n<li>Identifying Reporting Gaps and taking corrective actions.&nbsp;<\/li>\n<\/ul>\n\n\n\n<p>We help PMS providers reduce filing errors and manage the compliance process more easily.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Conclusion &nbsp;<\/h2>\n\n\n\n<p>Adhering to SEBI&rsquo;s reporting norms and filing deadlines is very important for managing PMS in India. The regulatory body monitors the portfolio management performance through monthly, quarterly, annual, and event-based reporting. It is the responsibility of every portfolio manager to submit timely reports, keep the information updated, and maintain the required documents. &nbsp;<\/p>\n\n\n\n<p>Enterslice&rsquo;s professional support can be taken to facilitate these tasks. We help providers with various reporting, filing, and compliance tasks. Contact<strong> <a href=\"https:\/\/enterslice.com\/\">Enterslice<\/a> <\/strong>today to manage SEBI PMS Compliance more easily.&nbsp;<\/p>\n\n\n\n<style>\n  \/* Enterslice CTA &mdash; scoped styles *\/\n  .es-cta-wrap { font-family: 'DM Sans', 'Segoe UI', system-ui, sans-serif; }\n  .es-cta-wrap > h2 {\n    color: #111c45;\n    font-family: 'Manrope', 'Segoe UI', sans-serif;\n    font-weight: 800;\n    font-size: 1.6rem;\n    margin: 0 0 14px;\n  }\n  .calling-person.blog_cta {\n    position: relative;\n    overflow: hidden;\n    padding: 30px 34px;\n    border-radius: 18px;\n    background:\n      radial-gradient(circle at 12% 18%, rgba(117,61,238,0.30), transparent 45%),\n      radial-gradient(circle at 88% 82%, rgba(56,91,251,0.30), transparent 50%),\n      linear-gradient(135deg, #0d1638 0%, #111c45 40%, #1e2e7e 100%);\n    color: #ffffff;\n    box-shadow: 0 16px 40px rgba(17,28,69,0.28);\n    border: 1px solid rgba(255,255,255,0.06);\n  }\n  \/* Subtle diagonal shine *\/\n  .calling-person.blog_cta::before {\n    content: '';\n    position: absolute; 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}\n    .calling-person.blog_cta .user-online img { width: 72px; height: 72px; }\n    .calling-person.blog_cta .user-online::after { width: 13px; height: 13px; bottom: 4px; right: 4px; }\n    .calling-person.blog_cta .user-online-details h2 { font-size: 1.15rem; }\n    .calling-person.blog_cta .call-chat { justify-content: center !important; margin-top: 20px; }\n    .calling-person.blog_cta .call-chat a { width: 100%; justify-content: center; }\n  }\n<\/style>\n\n<div class=\"es-cta-wrap\">\n  <h2>Talk To Expert<\/h2>\n  <div class=\"calling-person blog_cta my-4\">\n    <div class=\"row\">\n      <div class=\"col-xs-12 col-sm-12 col-md-12 col-lg-12\">\n        <div class=\"d-flex flex-nowrap\">\n          <div class=\"user-online\">\n            <img decoding=\"async\" src=\"data:image\/svg+xml;utf8,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%20120%20120'%3E%3Cdefs%3E%3ClinearGradient%20id='bg'%20x1='0'%20y1='0'%20x2='1'%20y2='1'%3E%3Cstop%20offset='0'%20stop-color='%23e8ecfb'\/%3E%3Cstop%20offset='1'%20stop-color='%23c9d3f4'\/%3E%3C\/linearGradient%3E%3ClinearGradient%20id='suit'%20x1='0'%20y1='0'%20x2='0'%20y2='1'%3E%3Cstop%20offset='0'%20stop-color='%231e2e7e'\/%3E%3Cstop%20offset='1'%20stop-color='%23111c45'\/%3E%3C\/linearGradient%3E%3ClinearGradient%20id='shirt'%20x1='0'%20y1='0'%20x2='0'%20y2='1'%3E%3Cstop%20offset='0'%20stop-color='%23ffffff'\/%3E%3Cstop%20offset='1'%20stop-color='%23e5eaf4'\/%3E%3C\/linearGradient%3E%3ClinearGradient%20id='tie'%20x1='0'%20y1='0'%20x2='0'%20y2='1'%3E%3Cstop%20offset='0'%20stop-color='%23753dee'\/%3E%3Cstop%20offset='1'%20stop-color='%235a2ec4'\/%3E%3C\/linearGradient%3E%3ClinearGradient%20id='skin'%20x1='0'%20y1='0'%20x2='0'%20y2='1'%3E%3Cstop%20offset='0'%20stop-color='%23f2d4b8'\/%3E%3Cstop%20offset='1'%20stop-color='%23d9b18e'\/%3E%3C\/linearGradient%3E%3ClinearGradient%20id='hair'%20x1='0'%20y1='0'%20x2='0'%20y2='1'%3E%3Cstop%20offset='0'%20stop-color='%23453629'\/%3E%3Cstop%20offset='1'%20stop-color='%232a1e14'\/%3E%3C\/linearGradient%3E%3C\/defs%3E%3C!--%20Background%20circle%20--%3E%3Ccircle%20cx='60'%20cy='60'%20r='60'%20fill='url(%23bg)'\/%3E%3C!--%20Suit%20shoulders%20--%3E%3Cpath%20d='M12%20120%20Q12%2092%2034%2082%20L46%2078%20Q60%2096%2074%2078%20L86%2082%20Q108%2092%20108%20120%20Z'%20fill='url(%23suit)'\/%3E%3C!--%20Suit%20lapels%20--%3E%3Cpath%20d='M46%2078%20L60%2092%20L56%20108%20L44%2096%20Z'%20fill='%230d1638'\/%3E%3Cpath%20d='M74%2078%20L60%2092%20L64%20108%20L76%2096%20Z'%20fill='%230d1638'\/%3E%3C!--%20Shirt%20collar%20V%20--%3E%3Cpath%20d='M52%2076%20L60%2090%20L68%2076%20L64%2092%20L60%2096%20L56%2092%20Z'%20fill='url(%23shirt)'\/%3E%3C!--%20Tie%20--%3E%3Cpath%20d='M58%2090%20L62%2090%20L64%2096%20L62%20118%20L58%20118%20L56%2096%20Z'%20fill='url(%23tie)'\/%3E%3Cpath%20d='M57%2090%20L63%2090%20L63.5%2094%20L56.5%2094%20Z'%20fill='%234a1f9a'%20opacity='.6'\/%3E%3C!--%20Neck%20--%3E%3Cpath%20d='M52%2068%20L52%2080%20Q60%2086%2068%2080%20L68%2068%20Z'%20fill='url(%23skin)'\/%3E%3Cpath%20d='M52%2076%20Q60%2082%2068%2076%20L68%2080%20Q60%2086%2052%2080%20Z'%20fill='%23c99a76'%20opacity='.35'\/%3E%3C!--%20Head%20--%3E%3Cellipse%20cx='60'%20cy='52'%20rx='19'%20ry='22'%20fill='url(%23skin)'\/%3E%3C!--%20Hair%20--%3E%3Cpath%20d='M41%2048%20Q40%2030%2060%2028%20Q80%2030%2079%2048%20Q78%2040%2072%2038%20Q65%2042%2054%2040%20Q46%2040%2042%2044%20Z'%20fill='url(%23hair)'\/%3E%3C!--%20Ear%20hint%20--%3E%3Cellipse%20cx='42'%20cy='54'%20rx='2.5'%20ry='4'%20fill='%23d9b18e'\/%3E%3Cellipse%20cx='78'%20cy='54'%20rx='2.5'%20ry='4'%20fill='%23d9b18e'\/%3E%3C!--%20Subtle%20face%20shadow%20for%20depth%20--%3E%3Cellipse%20cx='60'%20cy='62'%20rx='16'%20ry='5'%20fill='%23c99a76'%20opacity='.15'\/%3E%3C!--%20Eyebrows%20--%3E%3Cpath%20d='M50%2050%20Q54%2048%2058%2050'%20stroke='%23453629'%20stroke-width='1.5'%20fill='none'%20stroke-linecap='round'\/%3E%3Cpath%20d='M62%2050%20Q66%2048%2070%2050'%20stroke='%23453629'%20stroke-width='1.5'%20fill='none'%20stroke-linecap='round'\/%3E%3C!--%20Eyes%20(subtle)%20--%3E%3Cellipse%20cx='54'%20cy='54'%20rx='1.5'%20ry='1.8'%20fill='%23111c45'\/%3E%3Cellipse%20cx='66'%20cy='54'%20rx='1.5'%20ry='1.8'%20fill='%23111c45'\/%3E%3C!--%20Nose%20bridge%20subtle%20--%3E%3Cpath%20d='M60%2055%20Q59%2060%2060%2063'%20stroke='%23c99a76'%20stroke-width='1'%20fill='none'%20opacity='.5'\/%3E%3C!--%20Mouth%20(professional%20slight%20smile)%20--%3E%3Cpath%20d='M55%2066%20Q60%2068%2065%2066'%20stroke='%238b5a3c'%20stroke-width='1.3'%20fill='none'%20stroke-linecap='round'\/%3E%3C\/svg%3E\" alt=\"Enterslice Expert Advisor\"\/>\n          <\/div>\n          <div class=\"user-online-details ms-3 align-self-center\">\n            <h2 class=\"text-white mt-0\">Need Help? Get a free consultation from Enterslice experts.<\/h2>\n            <p class=\"mt-3\">\n              <i class=\"fa fa-star\"><\/i>\n              <i class=\"fa fa-star\"><\/i>\n              <i class=\"fa fa-star\"><\/i>\n              <i class=\"fa fa-star\"><\/i>\n              <i class=\"fa fa-star-half-full\"><\/i>\n              <span class=\"ms-2 text-white\">(4.8) 15,000+ clients served<\/span>\n            <\/p>\n          <\/div>\n        <\/div>\n      <\/div>\n      <div class=\"col-xs-12 col-sm-12 col-md-12 col-lg-8 mx-auto\">\n        <div class=\"d-flex justify-content-between call-chat\">\n            <a href=\"https:\/\/enterslice.com\/consultation?sid=MitYQU1leThMTW8wWVluQVJtR0k1QT09\" target=\"_blank\" rel=\"noopener\" class=\"es-wa-btn\" aria-label=\"Connect with Enterslice on WhatsApp\">\n      <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewbox=\"0 0 32 32\" fill=\"currentColor\">\n        <path d=\"M16 3a13 13 0 00-11.3 19.4L3 29l6.9-1.7A13 13 0 1016 3zm0 23.6a10.6 10.6 0 01-5.4-1.5l-.4-.2-4 1 1-3.9-.2-.4a10.6 10.6 0 1119 5 10.6 10.6 0 01-10 0zm5.8-7.9c-.3-.2-1.9-.9-2.2-1s-.5-.2-.7.2-.8 1-1 1.2-.4.2-.7 0a8.6 8.6 0 01-2.5-1.6 9.5 9.5 0 01-1.8-2.2c-.2-.3 0-.5.1-.6l.5-.6a2 2 0 00.3-.5.6.6 0 000-.5c0-.2-.7-1.7-1-2.3s-.5-.5-.7-.5h-.6a1.2 1.2 0 00-.8.4 3.5 3.5 0 00-1.1 2.6 6 6 0 001.3 3.2 13.8 13.8 0 005.3 4.7c.7.3 1.3.5 1.8.7a4.3 4.3 0 002 .1 3.3 3.3 0 002.1-1.5 2.6 2.6 0 00.2-1.5c-.1-.1-.3-.2-.6-.4z\"><\/path>\n      <\/svg>\n      Connect with ENTERSLICE Today\n    <\/a>\n        <\/div>\n      <\/div>\n    <\/div>\n  <\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Frequently Asked Questions<\/h2>\n\n\n<div class=\"saswp-faq-block-section\"><ol style=\"list-style-type:none\"><li style=\"list-style-type: none\"><h3>1. What are SEBI PMS Reporting Requirements?&nbsp;<\/h3><p class=\"saswp-faq-answer-text\">SEBI PMS Reporting Requirements are the reporting requirements prescribed by SEBI, which are followed by registered portfolio managers. These include submission of the Monthly Activity Report, Quarterly Off-site Inspection Data, Annual Compliance Report, and Performance Audit Confirmation. Through these reports, SEBI monitors the work of portfolio management. Besides, it verifies whether the work is being done in accordance with the rules or not and protects the interests of investors.&nbsp;<\/p><\/li><li style=\"list-style-type: none\"><h3>2. When is the last date for submission of Monthly PMS Report to SEBI?&nbsp;<\/h3><p class=\"saswp-faq-answer-text\">Registered Portfolio Managers are required to submit the Monthly Activity Report within 7 working days after the end of every month. This report has to be prepared in the format prescribed in Annexure 5A. It has to be uploaded through the SEBI Intermediaries Portal. The report also has to provide information on the AUM of the portfolio manager as of the last calendar day of the month. So, it is important to keep the information ready on time.&nbsp;<\/p><\/li><li style=\"list-style-type: none\"><h3>3. What are the Quarterly Reporting Requirements of PMS Providers?&nbsp;<\/h3><p class=\"saswp-faq-answer-text\">Portfolio Managers are required to submit Off-site Inspection Data to SEBI within 15 calendar days of the end of every quarter. This report contains client-specific information. This includes Client Folio AUM and Client Holding Master information. The report is required to be submitted in the format prescribed in Annexure 5B. This information helps SEBI in monitoring the work of portfolio managers and exercising regulatory oversight.&nbsp;<\/p><\/li><li style=\"list-style-type: none\"><h3>4. Is it mandatory for Portfolio Managers to submit an Annual Compliance Report?&nbsp;<\/h3><p class=\"saswp-faq-answer-text\">Yes, registered portfolio managers must submit an annual compliance report. This report has to provide information on compliance with applicable regulations and circulars of SEBI. In case of any violation, the details of it and the corrective action taken should also be mentioned. As per the current Master Circular, this report has to be submitted to SEBI within 30 calendar days of the end of the financial year.&nbsp;<\/p><\/li><li style=\"list-style-type: none\"><h3>5. What is the deadline for submitting PMS Performance Audit Report?&nbsp;<\/h3><p class=\"saswp-faq-answer-text\">Portfolio managers are required to conduct an annual audit of Firm-level Performance Data at the end of each financial year. This audit is to be conducted as per the Standard Terms of Reference prescribed by APMI. Once the audit is completed, the report and Confirmation of Compliance are to be submitted to SEBI. This submission should be completed within 60 calendar days of the end of the financial year.&nbsp;<\/p><\/li><li style=\"list-style-type: none\"><h3>6. What information should be included in the PMS Quarterly Client Statement?&nbsp;<\/h3><p class=\"saswp-faq-answer-text\">The PMS Quarterly Client Statement should contain complete details of the client's portfolio. It should provide information on the composition of the portfolio, value of securities, cash balance, and transactions. In addition, it should also contain details of dividends, interest, other benefits, management expenses, and relevant investment risks. It is important to prepare this statement in accordance with the prescribed reporting format. This helps the client to understand the status of their investment.&nbsp;<\/p><\/li><li style=\"list-style-type: none\"><h3>7. What is the difference between XIRR and TWRR in PMS Reporting?&nbsp;<\/h3><p class=\"saswp-faq-answer-text\">XIRR and TWRR are two different methods of calculating investment returns. XIRR calculates the annual return based on the investment amount and the time of deposit or withdrawal. On the other hand, TWRR shows the investment performance by reducing the impact of external cash flows. PMS Providers usually use XIRR to report individual client returns. TWRR is shown along with Benchmark Return in Public Performance Communication.<\/p><\/li><li style=\"list-style-type: none\"><h3>8. When should a PMS disclosure document be updated?&nbsp;<\/h3><p class=\"saswp-faq-answer-text\">The portfolio manager is required to update the disclosure document if there is any material change in the information provided in it. For example, if there is a change in management fees, investment approach, or other important terms, new information has to be added. It is also necessary to submit the revised Disclosure Document to SEBI. As per the current rules, this filing has to be completed within 7 working days of the Material Change.&nbsp;<\/p><\/li><\/ol><\/div>","protected":false},"excerpt":{"rendered":"<p>Portfolio Management Services (PMS) is a SEBI-regulated investment service in India. Professional portfolio managers manage the investments of clients through this service. However, this work does not only involve investment management. Various reports have to be submitted as per the rules prescribed by SEBI.&nbsp; PMS providers are required to make regular reports, disclose information and [&hellip;]<\/p>\n","protected":false},"author":77,"featured_media":91259,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[2828],"tags":[],"acf":{"service_id":"212"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v14.6.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>EBI PMS Reporting Requirements &amp; Filing Deadlines - Enterslice<\/title>\n<meta name=\"description\" content=\"Understand SEBI PMS reporting requirements, periodic compliance filings, reporting obligations and regulatory deadlines for Portfolio Managers in India.\" \/>\n<meta name=\"robots\" content=\"index, follow\" \/>\n<meta name=\"googlebot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"bingbot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterslice.com\/learning\/sebi-pms-reporting-requirements\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EBI PMS Reporting Requirements &amp; Filing Deadlines - Enterslice\" \/>\n<meta property=\"og:description\" content=\"Understand SEBI PMS reporting requirements, periodic compliance filings, reporting obligations and regulatory deadlines for Portfolio Managers in India.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterslice.com\/learning\/sebi-pms-reporting-requirements\/\" \/>\n<meta property=\"og:site_name\" content=\"Enterslice\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/enterslice\" \/>\n<meta property=\"article:published_time\" content=\"2026-11-06T10:11:17+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-11-06T12:52:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2026\/11\/acdd3f78-fca6-4761-b734-31bd9e7c76c3.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1747\" \/>\n\t<meta property=\"og:image:height\" content=\"900\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:creator\" content=\"@enterslice\" \/>\n<meta name=\"twitter:site\" content=\"@enterslice\" \/>\n<!-- \/ Yoast SEO plugin. -->","authorName":"Shivam Narwal","authorImageUrl":"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2023\/02\/Shivam-Narwal.jpg","authorDescription":"Shivam Narwal, a motivated final year BBA LLB law student at Chandigarh University, has started his legal career at Enterslice as a legal researcher. 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Throughout his studies, he has shown a deep understanding of the legal system and a drive to excel in the field of Law.","postViews":6,"readingTime":9,"nextPost":null,"prevPost":{"id":91252,"slug":"opening-training-institute-uae-khda-approval"},"featuredMediaUrl":"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2026\/11\/acdd3f78-fca6-4761-b734-31bd9e7c76c3.png","postTerms":"SEBI","_links":{"self":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/posts\/91258"}],"collection":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/users\/77"}],"replies":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/comments?post=91258"}],"version-history":[{"count":6,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/posts\/91258\/revisions"}],"predecessor-version":[{"id":91265,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/posts\/91258\/revisions\/91265"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/media\/91259"}],"wp:attachment":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/media?parent=91258"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/categories?post=91258"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/tags?post=91258"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}