Seventy seven per cent, or 211 of the 273, portfolio management services (PMS) schemes outperformed the Nifty50 in April. The schemes returned minus 0.15 per cent on average, better than the minus 2.1 per cent given by the benchmark.
Schemes that gave the most returns include Avestha Fund Management (10.6 per cent), followed by Equitree Capital Advisors (9 per cent) and HEM Securities (8.9 per cent), reveals the data from PMSBazaar.
