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