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PMS and Mutual Funds are both effective investment vehicles but cater to different types of investors. PMS offers a personalized approach for HNIs with higher risk tolerance, while Mutual Funds are ideal for retail investors seeking affordability and diversification. By understanding your financial goals, investment horizon, and risk appetite, you can choose the option that aligns best with your needs. Regardless of your choice, staying informed and periodically reviewing your portfolio is crucial for long-term wealth creation.