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Impress PMS

Anand Rathi Advisors Ltd
PMS Multi Cap & Flexi Cap
Benchmark
S&P BSE 500 TRI
Inception Date
31 May 2017
Min. Investment
₹50,00,000
SIP Available
No
STP Available
No

Investment Strategy

Investment Approach

This is a concentrated, aggressive multicap equity strategy, typically comprising 15 to 20 carefully selected stocks. A significant portion, exceeding 70%, is allocated to mid and small-cap companies. The portfolio is sectorally diversified to mitigate concentration risk. The core investment philosophy emphasizes a growth-oriented approach, prioritizing companies exhibiting strong margins, superior return ratios, robust corporate governance, and clear earnings visibility.

Investment Objective

Our investment strategy prioritizes return optimization through a diversified portfolio of high-growth potential companies. These enterprises are carefully selected based on their established corporate track record and robust, sustainable business models. We maintain a balanced approach, integrating both value and growth investment principles to maximize potential returns.

Performance Returns

Returns as on 2025-12-31

Trailing Returns

Period Strategy Benchmark Outperformance
1 MONTH -1.18% -0.24% -0.94%
3 MONTHS -1.25% 5.02% -6.27%
6 MONTHS -10.51% 1.63% -12.14%
1 YEAR -9.81% 7.63% -17.44%
2 YEAR 12.55% 11.65% 0.90%
3 YEAR 19.23% 16.41% 2.82%
5 YEAR 21.46% 16.82% 4.64%
SINCE INCEPTION 13.81% 14.36% -0.55%

Calendar Year Performance

Year Return
CY 2025 -9.81%
CY 2024 40.44%
CY 2023 33.79%
CY 2022 -3.05%
CY 2021 60.88%
CY 2020 40.72%
CY 2019 -11.77%
CY 2018 -16.58%
CY 2017 12.24%

Financial Year Performance

Year Return
FY 26_YTD 4.78%
FY 25 20.94%
FY 24 39.31%
FY 23 1.33%
FY 22 32.73%
FY 21 94.18%
FY 20 -26.94%
FY 19 -9.09%
FY 18 1.81%

Past performance is not indicative of future results. Returns are subject to market risks.

Fund Managers

Mayur Shah

Assistant Vice President

Mr. Mayur Shah brings over two decades of comprehensive experience in investment advisory, product innovation, and portfolio stewardship. As the current Fund Manager for Portfolio Management Services (PMS) at Anand Rathi, he has been a key contributor to the firm since 2007. His specialization encompasses both the PMS division and the Private Client Group's Equity Advisory arm. Mr. Shah's academic credentials include an MBA in Finance, complemented by a Certified Financial Planner (CFP) designation, underscoring his robust grounding in financial planning and investment management principles. He commenced his professional journey in 2005 at Kotak Securities Ltd., initially as an Investment Advisor. His responsibilities rapidly evolved to include the development and oversight of equity products, establishing a strong foundation for his subsequent portfolio and fund management responsibilities. Mr. Shah is distinguished by his strategic insights and a client-focused methodology in investment management, earning him recognition as a dependable advisor to a broad spectrum of clients.

Portfolio Details

Portfolio Composition

Large Cap
17.15%
Mid Cap
29.95%
Small Cap
51.39%
Cash & Equivalent
1.51%

Top 5 Holdings

  • ITD Cementation India Ltd 7.83%
  • Radico Khaitan Ltd. 7.22%
  • Bharat Electronics Ltd. 7.01%
  • KPI Green Energy Limited 6.89%
  • KEI Industries Ltd 6.84%

Top 5 Sectors

  • Capital Goods 25.82%
  • Fast Moving Consumer Goods 17.00%
  • Financial Services 11.89%
  • Healthcare 8.60%
  • Construction 7.83%

Portfolio Characteristics

total number of stocks
19
top 5 stocks percent
35.79%
top 5 sectors percent
71.14%
average market cap
58278
portfolio age
8 Yrs, 7 Months
sip
Not Available
stp
Not Available

Fee Structure

Fixed Fee

AMC: 2.5%

Variable Fee

AMC: No Option

Hurdle: No Option

Profit Sharing: No Option

Exit Load

Year 1: 2%

Year 2: 1%

Year 3: 0%

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Disclaimer

Returns are as of 2025-12-31. Returns for periods up to one year are not annualized. Returns for periods exceeding one year are annualized. Returns are computed using the Time Weighted Rate of Return (TWRR) methodology and are provided by the respective Asset Management Companies (AMCs). 'ND' denotes 'No Data', and 'NA' denotes 'Not Applicable'. The performance of the respective Benchmark Indices is presented above. Benchmark(s) are as defined in SEBI circular no. SEBI/HO/IMD/IMD-PoD-2/P/CIR/2022/172 dated December 16, 2022, APMI circular no. APMI/2022-23/02 dated March 23, 2023, and Revised Annexure-1.

This page is provided solely for general informational purposes in relation to the strategy and is based on publicly available information. While reasonable care has been taken to ensure accuracy, the information may not reflect the most recent updates.

Nothing on this page constitutes investment, financial, or legal advice. Investment decisions should be made after consulting a qualified advisor and reviewing official scheme documents.

Last Updated: January 2026 · Published by Affluense AI (affluense.ai)