Nirmal Bang Securities’ equity multi cap strategy emerged as the top performer for the month, delivering a strong return of 11.21%. The multicap and flexi cap portfolio outpaced peers as markets appeared to favour systematic and factor driven strategies during a volatile start to the year, marked by concerns around AI led disruption and rising geopolitical tensions between the United States, Israel and Iran before escalating into a full blown military conflict.
Purnartha Investment Advisers’ Pratham strategy followed closely, delivering nearly a 10% gain during the month. Its Vision Strategy also performed strongly, rising 8.7%, while its multi asset offering, Purnartha One, posted a modest gain of over 1%.
Valcreate Investment Managers’ Lifesciences and Specialty Opportunities portfolio, under the thematic category, generated a return of nearly 9% during the month.
On the other hand, thematic, multicap and flexicap, as well as smallcap strategies featured among the major laggards. Prashant Khemka’s White Oak Capital Management Consultants LLP’s Digital Leaders strategy fell more than 8%, making it the worst performer during the month. InCred Asset Management’s Focused Healthcare portfolio followed, declining over 7%.
TCG Advisory Services’ Transformative Growth portfolio dropped 4.55%, while PGIM India’s Equity Approach fell 4.4%. Equitree Capital Advisors’ Emerging Opportunities strategy declined 4.34%, and MRG Investment Partners’ Wealth Maximizer slipped 4.13%.
Also Read | Explained: Why crude oil prices soared 8% to near $100 per barrel despite IEA announcing largest release since 1970sAmong other strategies, Sunil Singhania’s Abakkus Asset Manager saw its All Cap strategy rise 3.1%, while the Diversified Alpha Approach gained 1.84%. Its Emerging Opportunities strategy, however, slipped 0.10%.
Saurabh Mukherjea’s Marcellus Investment Managers reported a nearly 3% gain in its Consistent Compounders portfolio, while Little Champs declined nearly 1%. Its Rising Giants Portfolio, MeritorQ, and Kings of Capital strategies fell by up to 1.74%.
Market veteran Samir Arora’s Helios Capital Asset Management also ended the month lower, with its India Rising PMS declining about 1%.
Blackstone backed ASK Investment Managers’ Lighthouse portfolio gained more than 2.71%, while its Domestic Resurgence Portfolio fell 1.91%, PMS Bazaar data showed. The firm’s ASK Life Portfolio under the large cap strategy slipped 1.13%, while the India Select Portfolio declined 3% during the month. Its Growth Portfolio fell 3.2%.
Devina Mehra’s First Global Finance saw its India Super 50 strategy gain just over 1%, while the India Multi Asset portfolio slipped about 0.5%.
Capitalmind Financial Services, led by Deepak Shenoy, reported a 1.55% gain in its SmartCore strategy, while its All Weather Equity portfolio under the multi and flexicap category rose 0.96%.
February performance across portfolio management strategies remained mixed, reflecting the uneven market environment. While a few quantitative, multicap and thematic portfolios delivered strong gains, several smallcap and sector focused strategies ended the period with notable declines.
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