A group of portfolio management services strategies produced solid results in June, with the strongest ones posting returns reaching 14.54 percent. Small-cap and multi-cap approaches led the results, reflecting ongoing interest in wider market segments. Indian stocks performed well during the month as the Nifty rose 2 percent and the Sensex advanced 1.5 percent, supported by lower crude oil prices after a temporary agreement between the US and Iran. Broader indices outperformed benchmarks, with the Nifty Smallcap 100 climbing over 4 percent while the Nifty Midcap index rose just 0.5 percent. Money Grow Asset Pvt Ltd topped the list with its Small Midcap strategy returning 14.54 percent. Equirus Wealth Pvt Ltd followed closely with its Long Horizon Fund at 14.49 percent. Amaltas Asset Management LLP placed among leaders as its Strategic Opportunities Series 1 gained 11.92 percent. Multi-cap and flexi-cap strategies also performed strongly. White Whale Partners LLP’s Rising Star PF returned 11.86 percent and Clockvine Capital Advisors Pvt Ltd’s Growth Fund rose 11.41 percent. East Green Advisors LLP’s Agile Strategy gained 11.35 percent. Among small-cap options, Tradeswift Broking Private Limited’s Sparkling Gems strategy returned 11.16 percent while Electrum Portfolio Managers Pvt Ltd’s Laureate Portfolio advanced 10.94 percent. Equitree Capital Advisors Pvt Ltd’s Emerging Opportunities strategy gained 10.76 percent and Accel Asset Management LLP’s Long Term Equity Fund posted 10.97 percent. Several other PMS strategies recorded losses nearing 10 percent. Dezerv Investments Private Limited’s Strategic Holdings in Natural Elements declined 9.69 percent. Alchemy Capital Management’s High Growth strategy fell 7.81 percent and Capital 8 LLP’s Capital 8 Infinity Fund dropped 6.85 percent. Moat Financial Services Pvt Ltd’s UpperCrust Wealth Fund lost 6.57 percent while Aequitas Investment Consultancy Pvt Ltd’s India Opportunities Product declined 6.37 percent. Additional laggards included Moat Financial Services Pvt Ltd’s UpperCrust Growth Fund down 4.08 percent, Alchemy Capital Management’s Smart Alpha 250 strategy off 4.07 percent, and Atlas Integrated Finance Limited’s Multicap PMS Fund falling 3.72 percent. Weakness appeared across multiple styles including multi-cap, flexi-cap, small-cap and multi-asset approaches.
