The huge market downfall has heavily impacted the performance of portfolio management services in large-cap oriented funds.
About 19 PMS large-cap funds have fallen in the range of 9-37% in the past one month, shows data compiled by PMS AIF World.
Most PMSs have fallen more than their benchmark as Nifty 50 and Nifty 500 slipped 23.2% and 24.2% respectively in March.
Three PMS funds of Trivantage Capital suffered the most in the list as it dipped more than 35% after a 20% market crash in March. Next in the list is Concept Investwell Legend that slipped 28.8% followed by Accuracap Alpha10 with 26.8% fall.
Among AMCs, Motilal Oswal, Nippon India, Aditya Birla Sun Life, TATA, and ICICI Prudential witnessed steep fall in its large-cap oriented PMSs.
Here is the performance list of large-cap PMS strategies:
|
PMS strategies |
1-month (%) |
3-year (%) |
|
Trivantage capital super six |
-37.3 |
-4.67 |
|
Trivantage capital first |
-35.7 |
NA |
|
Trivantage capital resurgent |
-35.7 |
-11.7 |
|
Concept investwell legend |
-28.86 |
-7.76 |
|
Accuracap alpha10 |
-26.8 |
-9.1 |
|
Motilal Oswal value |
-26.52 |
-3.35 |
|
Acepro advisors largecap |
-25.34 |
NA |
|
Nippon India absolute freedom |
-23.9 |
-2.7 |
|
Aditya birla capital top 200 core |
-22.9 |
1.8 |
|
Right horizons business leaders |
-22.5 |
NA |
|
TATA PMS blue chip |
-22.13 |
-0.23 |
|
Emkay lead PMS |
-22 |
NA |
|
Alchemy leaders |
-21.8 |
1 |
|
Silverarch India select bluechip |
-21.27 |
NA |
|
Sanctum olympians |
-20.6 |
3.8 |
|
ICICI Pru largecap |
-20.38 |
-4.53 |
|
TATA PMS blue chip plus |
-19.22 |
0.47 |
|
Bonanza growth |
-19.09 |
7.41 |
|
Pelican PE fund |
-9.19 |
NA |