The Discretionary Management Agreement is a crucial document used in the Indian financial services sector when a client wishes to delegate investment decision-making authority to a professional portfolio manager. It is mandated by the Securities and Exchange Board of India (SEBI) under the SEBI (Portfolio Managers) Regulations, 2020, and must be executed before providing portfolio management services. The agreement comprehensively covers investment objectives, risk parameters, fee structures, and operational procedures while ensuring compliance with Indian securities laws. It's particularly important as it establishes fiduciary responsibilities and provides clear guidelines for the discretionary management of client assets in the Indian market context.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership of your docs
1. Parties: Identification of the portfolio manager and the client with complete details
2. Background: Context of the agreement, including the portfolio manager's registration details and client's intention to appoint them
3. Definitions: Key terms used throughout the agreement, including regulatory and technical terms
4. Appointment and Authority: Formal appointment of the portfolio manager and scope of discretionary authority
5. Investment Objectives and Guidelines: Agreed investment strategy, asset allocation, and any specific investment restrictions
6. Services to be Provided: Detailed description of portfolio management services and related obligations
7. Fees and Charges: Management fees, performance fees, and other applicable charges
8. Client's Representations and Warranties: Client's confirmations regarding their capacity, understanding, and compliance
9. Portfolio Manager's Representations: Manager's confirmations regarding licenses, capabilities, and compliance
10. Risk Disclosures: Mandatory risk warnings and acknowledgments as per SEBI requirements
11. Custody and Operations: Arrangements for custody of assets and operational procedures
12. Reporting and Valuation: Frequency and format of reports, valuation methodology
13. Term and Termination: Duration of agreement and termination provisions
14. Confidentiality: Protection of confidential information and client data
15. Governing Law and Jurisdiction: Application of Indian law and jurisdiction for disputes
16. Miscellaneous: Standard boilerplate provisions including notices, amendments, and severability
1. Foreign Investment Provisions: Required when client is a non-resident Indian or foreign national
2. Digital Access: Optional section for online portfolio access and digital communications
3. Power of Attorney: Required if separate PoA is not executed for trading and operations
4. Sustainable Investment Criteria: Optional section for ESG or sustainable investment requirements
5. Joint Account Operations: Required when account is held jointly by multiple clients
6. Special Investment Restrictions: Optional section for client-specific investment restrictions beyond standard parameters
1. Schedule 1 - Investment Strategy: Detailed investment strategy, asset allocation, and benchmarks
2. Schedule 2 - Fee Structure: Detailed breakdown of all fees, charges, and calculation methodologies
3. Schedule 3 - Risk Disclosure Document: SEBI-mandated risk disclosure document
4. Schedule 4 - KYC Documents: List of KYC documents provided and client identification details
5. Schedule 5 - Operational Guidelines: Detailed procedures for deposits, withdrawals, and other operations
6. Appendix A - Account Opening Form: Standard account opening form as per SEBI requirements
7. Appendix B - Investment Restrictions: Specific investment restrictions and prohibited transactions
8. Appendix C - Communication Preferences: Client's preferences for reports and communications
Find the exact document you need
Manager And Artist Contract
An Indian law-compliant agreement establishing the professional relationship between an artist and their manager, outlining rights, responsibilities, and commercial terms.
Download
Cash Management Services Agreement
An Indian law-governed agreement establishing terms for bank-provided cash management services, including collection, disbursement, and liquidity management services.
Download
Asset Management Agreement (Real Estate)
An Indian law-governed agreement establishing terms for professional management of real estate assets between property owners and asset management companies.
Download
Managerial Agreement
An Indian law-governed employment agreement defining terms and conditions for managerial positions, including duties, compensation, and obligations.
Download
Social Media Manager Agreement
An Indian law-governed agreement establishing terms between a social media manager and client, covering service scope, compliance, and deliverables.
Download
Car Park Management Agreement
An Indian law-governed agreement establishing terms for parking facility management and operations, including responsibilities, revenue sharing, and compliance requirements.
Download
Employee Management Agreement
An Indian law-governed agreement establishing employment terms, conditions, and management framework between employer and employee.
Download
Exclusive Artist Management Agreement
An Indian law-governed agreement establishing exclusive representation rights between an artist and their management, outlining duties, compensation, and terms of engagement.
Download
Management Consulting Agreement
An Indian law-governed agreement establishing terms and conditions for management consulting services, including scope, deliverables, and professional obligations.
Download
Managing Director Service Agreement
An Indian law-governed agreement establishing employment terms and conditions for a Managing Director, aligned with Companies Act 2013 requirements.
Download
Asset Management Contract
An Indian law-governed agreement establishing terms for professional asset management services, compliant with SEBI regulations.
Download
Restaurant Manager Employment Contract
An India-compliant employment contract for restaurant managers, outlining terms, conditions, and responsibilities in accordance with Indian labor laws and food service regulations.
Download
Vessel Management Agreement
An Indian law-governed agreement between vessel owners and management companies for professional ship management services, outlining operational responsibilities and compliance requirements.
Download
Producer Management Agreement
An Indian law-governed agreement establishing terms between a producer and their management representative, covering services, commissions, and mutual obligations.
Download
Interim Management Contract
An Indian law-governed agreement establishing a temporary management relationship between a company and an interim manager, defining key terms, responsibilities, and conditions of engagement.
Download
Litigation Management Agreement
An Indian law-governed agreement establishing the framework for litigation management services between a law firm and client, including service scope, responsibilities, and fee structures.
Download
Resident Manager Contract
An Indian law-governed employment agreement for resident managers of residential properties, defining their duties, accommodation, and terms of service.
Download
Office Manager Employment Agreement
An Indian law-governed employment agreement establishing terms and conditions for an Office Manager position, ensuring compliance with local labor laws and regulations.
Download
Waste Management Agreement
An Indian law-governed agreement for professional waste management services, detailing collection, disposal, and compliance requirements under Indian environmental regulations.
Download
Sub Management Agreement
An Indian law-governed agreement delegating management responsibilities from a Principal Company to a Sub-Manager, establishing terms, scope, and compliance requirements.
Download
Resident Manager Agreement
An Indian law-governed agreement establishing employment terms and accommodation arrangements for a resident property manager.
Download
Online Business Manager Contract
An Indian law-governed contract template for engaging Online Business Managers, covering service delivery, compensation, and digital business operations.
Download
Agreement For Appointment Of Managing Director
An Indian law-governed agreement establishing the terms and conditions for appointing a Managing Director in compliance with the Companies Act, 2013.
Download
Land Management Contract
An Indian law-governed agreement establishing terms for professional land management services, defining parties' rights and obligations under central and state property regulations.
Download
Parking Management Agreement
An Indian law-governed agreement establishing terms for professional management of parking facilities, including operations, maintenance, and revenue management.
Download
Money Management Contract
An Indian law-governed agreement between a money manager and client establishing terms for professional financial asset management under SEBI regulations.
Download
Exclusive Property Management Agreement
An Indian law-governed agreement establishing exclusive property management rights and responsibilities between a property owner and management company.
Download
Residential Leasing And Property Management Agreement
An Indian law-governed agreement establishing terms for professional management and leasing of residential property, aligned with the Model Tenancy Act 2021 and state regulations.
Download
Hospital Management Agreement
An Indian law-governed agreement establishing terms for professional management of a hospital facility, defining operational responsibilities and performance standards.
Download
Branch Manager Agreement
An Indian law-governed employment agreement defining terms, conditions, and responsibilities for branch managers, including operational authority and compliance requirements.
Download
Management Takeover Agreement
An Indian law agreement governing the transfer of management control between entities, outlining transition terms and compliance requirements.
Download
Management Employment Contract
An Indian law-governed employment agreement for management-level employees, establishing key terms of employment and compliance with Indian labor regulations.
Download
Farm Management Agreement
An Indian law-governed agreement establishing terms for professional farm management services, defining operational responsibilities and financial arrangements between farm owners and managers.
Download
Event Management Partnership Agreement
An Indian law-governed agreement establishing a partnership between parties for event management services, defining operational and financial terms.
Download
Cash Account Management Agreement
An Indian law-governed agreement between a bank and account holder establishing terms for cash account management services and operations.
Download
Bar Management Agreement
An agreement governing bar management services in India, establishing operational terms and compliance with state-specific liquor licensing and regulatory requirements.
Download
Acting Manager Contract
An Indian law-governed agreement establishing the terms and conditions between an actor/performer and their professional manager or management agency.
Download
Shareholder Management Agreement
An Indian law-governed agreement establishing shareholder rights, responsibilities, and relationships within a company, ensuring compliant corporate governance and stakeholder protection.
Download
Third Party Management Agreement
An Indian law-governed agreement establishing terms and conditions for third-party management services, including service scope, performance standards, and compliance requirements.
Download
Non Exclusive Management Agreement
An Indian law-governed agreement establishing a non-exclusive management service relationship between a service provider and principal company.
Download
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)