Credent Asset Management’s Growth Portfolio multicap strategy topped the list, giving 24.3% returns in a month, according to data shared by PMS Bazaar.
Carnelian Asset Advisors, run by market expert Vikas Khemani, saw its multicap strategy give nearly 14% returns in one month. This strategy has given double-digit returns across periods of 3 months, 6 months, and 1 year.
Devina Mehra-owned First Global’s multicap strategy “India Super 50” gave nearly 8% returns in a month, and more than 21% returns in a 1-year period.
Among smallcap PMS funds, only two of them gave double-digit returns on a 1-month basis. These are Molecule Ventures’ “Growth” strategy and Right Horizons’ “Super Value” strategy, which gave 18% and 11% returns, respectively.
Aequitas Investment’s India Opportunities fund, which is among the best performing small cap strategies, gave 9% returns. This fund has given a staggering 87% returns on a 1-year basis, and is at the top of the list among PMS funds.
Saurabh Mukherjea-owned Marcellus Investment Managers’ smallcap strategy “Little Champs” continued to underperform, giving just 0.7% returns in a month. Unlike most smallcap PMS funds which have given high double-digit returns in a year, Little Champs has given negative returns of more than 12% in the same period.
Meanwhile, its multicap strategy “Consistent Compounders” did well and gave more than 6% returns in a month.
Mukherjea’s largecap strategy “Global Consistent Compounders” performed the best in a month, giving returns of more than 11%.
Sundaram Alternates’ multicap and midcap strategies performed better than the small cap strategy, giving returns of more than 7-9% in a month.
Out of the 15 thematic PMS strategies, 11 of them have given returns exceeding 5% to as high as 13% in a month. Green Portfolio PMS’ “Dividend Yield” thematic strategy topped the list, giving more than 13% returns in a month.
Among the large cap strategies, Tulsian PMS topped the list, giving 13.5% returns in a month. This strategy has given nearly 26% returns to investors on a 1-year basis.
The largecap strategies of Right Horizons PMS, Asit C Mehta Investment Intermediaries, Motilal Oswal, and JM Financial Services gave returns of over 9-11% on a one-month basis.
(You can now subscribe to our ETMarkets WhatsApp channel)
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)