Affluense AI AFFLUENSE

Value Fund

Fort Capital Investment Advisory Pvt Ltd
PMS Small Cap
Benchmark
S&P BSE 500 TRI
Inception Date
9 September 2018
Min. Investment
₹50,00,000
SIP Available
No
STP Available
No

Investment Strategy

Investment Approach

Focused on the small and micro-cap segment, this strategy exclusively targets companies with market capitalizations ranging from INR 100 crore to INR 20,000 crore. Our investment methodology is purely bottom-up and sector-agnostic.

Investment Objective

This fund focuses exclusively on companies within the small and micro-cap segments of the Indian equity market. The investment universe is defined as companies with a market capitalization ranging from INR 100 crore to INR 20,000 crore. Our investment methodology is purely bottom-up, meaning securities are selected based on individual company analysis, irrespective of their sector.

Performance Returns

Returns as on 2025-12-31

Trailing Returns

Period Strategy Benchmark Outperformance
1 MONTH -3.58% -0.24% -3.34%
3 MONTHS -3.32% 5.02% -8.34%
6 MONTHS -4.40% 1.63% -6.03%
1 YEAR -7.22% 7.63% -14.85%
2 YEAR 5.48% 11.65% -6.17%
3 YEAR 11.43% 16.41% -4.98%
5 YEAR 23.80% 16.82% 6.98%
SINCE INCEPTION 14.07% 14.04% 0.03%

Calendar Year Performance

Year Return
CY 2025 -7.22%
CY 2024 19.91%
CY 2023 24.38%
CY 2022 18.69%
CY 2021 63.18%
CY 2020 18.58%
CY 2019 -11.66%
CY 2018 -6.97%

Financial Year Performance

Year Return
FY 26_YTD 12.84%
FY 25 6.71%
FY 24 21.90%
FY 23 8.49%
FY 22 46.99%
FY 21 98.27%
FY 20 -36.20%
FY 19 -10.89%

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

Fund Managers

Ishan Thakkar

Fund Manager

Mr. Ishan Thakkar possesses an MBA in Finance and brings over six years of experience in the equity market. Since commencing his tenure at Fort Capital in 2018, he has played a pivotal role in overseeing the pre-investment phase and actively managing the existing investments within our portfolio companies. Mr. Thakkar excels at identifying promising investment prospects through a thorough bottom-up stock selection methodology. His investment diligence involves a comprehensive review of management commentary benchmarked against actual performance over a minimum of six to eight quarters prior to an investment. This disciplined approach has consistently resulted in performance exceeding benchmark indices.

Portfolio Details

Portfolio Composition

Large Cap
0.00%
Mid Cap
0.00%
Small Cap
93.39%
Cash & Equivalent
6.61%

Top 5 Holdings

  • Undisclosed N/A
  • Undisclosed N/A
  • Undisclosed N/A
  • Undisclosed N/A
  • Undisclosed N/A

Top 5 Sectors

  • Capital Goods 27.02%
  • Automobile and Auto Components 18.34%
  • Healthcare 15.83%
  • Chemicals 13.69%
  • Consumer Services 5.36%

Portfolio Characteristics

total number of stocks
24
top 5 stocks percent
N/A
top 5 sectors percent
80.24%
average market cap
2133.12
portfolio age
7 Yrs, 3 Months
sip
Not Available
stp
Not Available

Fee Structure

Fixed Fee

AMC: 2%

Variable Fee

AMC: No Option

Hurdle: 12.00%

Profit Sharing: 20% Profit Sharing on 12% Hurdle

Exit Load

Interested in ?

Get in touch with our partner to learn more about 's portfolio management services and how they align with your investment goals.

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)