Thanks to the mad rally in smallcap stocks in the last one year, smallcap funds of portfolio management service firms gave the best returns to investors. About six smallcap PMS funds gave more than 50% returns in the last one year, data by PMS Bazaar showed. Siddhartha Bhaiya-led Aequitas Investments’ ‘India Opportunities’ smallcap fund topped … Read more
NEW DELHI: As Nifty bounced back in July, some of India’s richest investors made double of what the index gave last month. While the headline index gave a return of 8.73 per cent, PMS funds delivered up to 17.43 per cent. Latest data pulled from PMSbazaar shows that Lake Water Advisors‘ multicap fund was the … Read more
With multiple global macro headwinds creating a perfect storm for the domestic equity market, almost 85 per cent of PMS funds, used by HNIs to park their surplus funds, failed to beat Nifty in May. Only one recently-launched PMS scheme managed to eke out a return out of over 280 schemes on offer. Green Portfolio’s … Read more
NEW DELHI: Two PMS funds, which are heavily invested in smallcap stocks, more than doubled investor money in the fiscal year 2022, outperforming their benchmarks by a wide margin. Data collated by PMS Bazaar shows Green Portfolio’s Super 30 strategy, holding stocks like Precision Camshafts, Avantel, Gujarat Themis Biosyn and Bannari Amman Spinning Mills, trounced … Read more