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  • CafeAlt Meet the fastest growing PMS providers

    Meet the fastest growing PMS providers

    At least 18 PMS entities recorded over 50% growth in just one year. Their growth comes amidst muted growth in the rest of PMS industry.
    Sridhar Kumar Sahu Dec 13, 2019

    Among PMS companies having a minimum Rs 50 crore AUM, 2Point2 Capital Advisors is the fastest growing PMS entity. As on October 2019, the company’s AUM has increased to Rs 339 crore from Rs 82 crore in October 2018, a whopping 314% growth.

    Next in the list of fastest growing PMS companies is Tata Asset Management. Its AUM grew by 213% to Rs 164 crore from Rs 52 crore in October 2018.

    Motilal Oswal Wealth Management (170%), Clubmillionaire Financial Services (148%), IIFL Wealth Management (113%) and Wizemarkets Analytics (109%) were among the PMS companies that recorded over 100% growth in their assets, shows data compiled by PMSKART.com, a PMS analysis and information website.

    Moreover, 18 PMS providers recorded over 50% growth. Their growth comes amidst muted growth in the PMS industry recently. Between April and August, the portfolio management industry has grown by 4% and without EPFO/PF investments, the AUM of the PMS industry has in fact declined by 7%.

    As on August, AUM of the PMS industry (excluding EPFO/PF investments) stood at Rs 4.40 lakh crore. Including EPFO/PF investments, the AUM stood at Rs 16.70 lakh crore.

    PMS

    AUM as on Oct 2018

    AUM as on Oct 2019

    Growth in AUM

    Change

    2Point2 Capital Advisors Llp

    82

    339

    257

    314%

    Tata Asset Management  Limited

    52

    164

    112

    213%

    Motilal Oswal Wealth Management Limited

    143

    386

    243

    170%

    Clubmillionaire Financial Services Private Limited

    390

    968

    578

    148%

    Iifl Wealth Management Limited

    1,729

    3,675

    1,946

    113%

    Wizemarkets Analytics Private Limited

    54

    113

    59

    109%

    Tamohara Investment Managers Private Limited

    79

    157

    78

    99%

    Axis Asset Management Company Limited

    612

    1,141

    529

    86%

    India Infoline Asset Management Company Limited

    1,214

    2,242

    1,028

    85%

    Ohm Portfolio Equi Research Pvt Ltd.

    111

    198

    87

    79%

    Sageone Investment Advisors Llp

    319

    569

    250

    78%

    Marathon Trends Advisory Private Limited

    63

    109

    46

    73%

    Ambit Investment Advisors Private Limited

    137

    234

    97

    71%

    Ask Investment Managers Private Limited

    12,200

    20,511

    8,311

    68%

    White Oak Capital Management Consultants Llp

    1,238

    2,027

    788

    64%

    Karvy Capital Limited

    491

    757

    266

    54%

    Sanctum Wealth Management Private Limited

    243

    372

    129

    53%

    Dmz Partners Investment Management Llp

    137

    205

    68

    50%

    Basant Maheshwari Wealth Advisers Llp

    182

    253

    71

    39%

    Ambit Capital Private Ltd

    219

    302

    83

    38%

    Source: PMSKART.com

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