PMS funds which managed to trump Nifty with up to 18% return in May
Unifi Capital’s HoldCo fund, which invests in listed holding companies across a wide array of industries, was the top gainer with an impressive return of 17.88% last month, according to data pulled from the PMSBazaar database.
ASK Lighthouse Portfolio gained 8.85% during the month. Other toppers in the monthly list are Moat Financial, Shree Rama Managers, Maximal Capital, Prabhudas Lilladher, Dynamic Equities, Asit C Mehta, and Abans.Among star fund managers, Deepak Shenoy’s Capitalmind Surge India fund gained nearly 4% and Market Fund 2.56%. Both are benchmarked against Nifty50 TRI.
Saurabh Mukherjea-owned Marcellus’ quant fund Meritor Q outperformed with a 1.66% return, while the midcap-heavy Rising Giants portfolio grew 0.41%. Three of Mukherjea’s funds gave negative returns during the month. Smallcap-focused Little Champs fell 4.24%, Kings of Capital lost 1.18% of its value, while the Consistent Compounders fund also lost 0.77% in May.
Sunil Singhania’s Abakkus-run All Cap Approach recorded a growth of 0.48% while smallcap fund Emerging Opportunities lost 1.36% of its value.
Devina Mehra-owned First Global’s Indian Multi Asset and India Super 50 funds recorded a monthly growth of 0.34% and 0.16%. Samir Arora’s Helios India Rising fund saw a gain of 0.11%.
