In terms of model portfolio returns, IIFL’s Multicap PMS was the top PMS performer by delivering returns of 17% over the last five years as on February 2020, shows data by PMS Bazaar, a PMS analysis and information website.
Returns on model portfolio is time weighted rate of returns (TWRR) calculated on model portfolio created by fund managers.
When returns are calculated based on ‘model portfolio’, it comprises data of underlying investment wrapped into single portfolio.
Other PMS players that gave double-digit returns in terms of model portfolio were growth strategy of Bonanza and SELF portfolio strategy of Sundaram Self Portfolio with 5 year CAGR of 12.8% and 10% respectively.
In terms of pooled portfolio performance, Ambit Capital’s ‘Good & Clean India’ strategy was the top performer delivering CAGR of 12% over the last five years as on February 2020.
Pooled portfolio is aggregate returns of all investors put together. It takes into account time weighted rate of returns made by all investors before calculating the average return of the portfolio.
Other PMS players that gave double-digit returns were Narnolia, ASK and Alchemy with 5 year CAGR of 11.8%, 11.1% and 10.7% respectively.
As on June 2019, PMS assets excluding EPFO/PF investments stood at Rs.4.40 lakh crore.
Top PMS performers in the last five years based on model portfolio method
|
Model portfolio |
||
|
AMC |
Strategy |
5 year return |
|
IIFL |
Multicap PMS |
17% |
|
Bonanza |
Growth |
12.79% |
|
Sundaram AMC |
SELF Portfolio |
10% |
|
Sundaram AMC |
SISOP |
9.80% |
|
Sundaram AMC |
PACE |
8.20% |
|
Aditya Birla Capital |
SSP |
6.30% |
|
Aditya Birla Capital |
Core Equity Portfolio |
6.15% |
|
Right Horizons |
India Underserved |
4.71% |
|
Anand Rathi Advisors |
Portfolio plus |
1.50% |
Top PMS performers in the last five years based on pooled portfolio
|
Pooled portfolio |
||
|
AMC |
Strategy |
5 year return |
|
Ambit Capital |
Good & Clean India Fund |
12% |
|
Narnolia |
India 3T |
11.80% |
|
ASK |
IEP |
11.10% |
|
Alchemy |
Select Stock |
10.70% |
|
ASK |
India Select |
9.90% |
|
Alfaccurate Advisors |
AAA India OPP |
9.82% |
|
Nippon India |
High Conviction |
9.40% |
|
AccuraCap |
Alpha 10 |
9.20% |
|
Alfaccurate Advisors |
AAA Focus Plan |
9.06% |
|
Centrum PMS |
Multibagger (Deep Value I) |
8.70% |
|
Alchemy |
Alchemy Leaders |
8.60% |
|
Alchemy |
High Growth |
7.50% |
|
Dalal & Broacha |
Long Term Growth |
7.47% |
|
Nippon India |
Absolute Freedom |
7% |
|
AccuraCap |
PicoPower |
6.80% |
|
Concept Investwell |
Legend |
6.27% |
|
Centrum PMS |
Wealth Creator |
6.10% |
|
Concept Investwell |
Marvel |
2.65% |
|
PGIM India |
Core Equity Portfolio |
1.63% |
|
Moat Financial Services |
Equity Growth |
0.63% |