PMS Tracker: These 15 funds reward HNI investors with double-digit returns in April
At least 15 PMS funds, used by the rich to invest surplus capital for market-beating returns, managed to reward HNIs handsomely by delivering at least 10% return in April. Green Portfolio’s Super 30 Dynamic Fund was the top gainer from the pack with 17% returns...
At least 15 PMS funds, used by the rich to invest surplus capital for market-beating returns, managed to reward HNIs handsomely by delivering at least 10% return in April. Green Portfolio’s Super 30 Dynamic Fund was the top gainer from the pack with 17% returns in the month. Negen Capital’s special situations and technology fund also outshined with 13.63% returns, followed by Basant Maheshwari’s equity fund Equitree Capital’s emerging opportunities fund and Hem Securities’ SME fund, shows data pulled from PMSBazaar. Other top performers include Invasset, Bonanza, Lake Water Advisors, Aequitas and Badjate Stock and Shares. Samir Arora-run Helios Capital’s India Rising Fund was also among the top gainers with 7.2% returns. Sunil Singhania’s Abakkus Emerging Opportunities Fund returned 6.7% while Devina Mehra’s First Global gained 3.67%. Saurabh Mukherjea’s Marcellus outperformed — its Consistent Compounders fund outperformed Nifty with 6.67% returns. Mukherjea’s Rising Giants fund, which is a bet on midcaps, rose 5.3% while financials fund — Kings of Capital — was up 4.47%. During the month, in which Nifty went up 4.10%, only two PMS funds gave negative returns, according to PMSBazaar data. While Varanium Capital’s Emerging Leader Fund, focused on small and midcaps, reported a loss of 2.32%, Northern Arc’s debt fund (Income Builder Series A) also declined 0.45%. If the last one-year returns are considered, Hem Securities’ India Rising SME Stars is the topper with over 38% returns. Other top gainers of the last one year include Molecule Ventures, Fractal Capital, Unique Asset Management, Green Lantern and Aequitas
At least 15 PMS funds, used by the rich to invest surplus capital for market-beating returns, managed to reward HNIs handsomely by delivering at least 10% return in April. Green Portfolio’s Super 30 Dynamic Fund was the top gainer from the pack with 17% returns...
Nifty Auto index hits all-time high—here’s what the outlook looking like
The Nifty Auto index has been among the top gainers so far this year, led by a sustained rally in Tata Motors, Bajaj Auto, among others. The index hit an all-time high on Monday after gaining about 11 percent this year. In comparison, benchmarks Sensex and Nifty are...
IPL-flavoured portfolio: Smallcase manager Divam Sharma reveals his playing XI stocks Read more at: https://economictimes.indiatimes.com/markets/expert-view/ipl-flavoured-portfolio-smallcase-manager-divam-sharma-reveals-his-playing-xi-stocks/articleshow/100091910.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
With the IPL season in full swing, investors can’t help but draw analogies with cricket and Dalal Street. As part of a special series, we reached out to money managers to know how they pick their pinch hitters, whether they like specialists or all-rounders and...