Affluense AI AFFLUENSE

Lotus

Karma Capital Advisors Pvt Ltd
PMS Small & Mid Cap
Benchmark
S&P BSE 500 TRI
Inception Date
22 February 2023
Min. Investment
₹50,00,000
SIP Available
No
STP Available
No

Investment Strategy

Investment Approach

Unrestricted by market capitalization or benchmark comparison.

Investment Objective

Karma Capital Lotus aims to deliver investor returns via long-term capital appreciation (5-7 years) of its stock holdings, navigating diverse economic and market environments. The strategy employs a bottom-up analytical framework, emphasizing in-depth examination of individual stock characteristics and micro-level attributes.

Performance Returns

Returns as on 2025-12-31

Trailing Returns

Period Strategy Benchmark Outperformance
1 MONTH -0.23% -0.24% 0.01%
3 MONTHS 5.36% 5.02% 0.34%
6 MONTHS 3.64% 1.63% 2.01%
1 YEAR 11.05% 7.63% 3.42%
2 YEAR 16.81% 11.63% 5.18%
SINCE INCEPTION 27.27% 18.71% 8.56%

Calendar Year Performance

Year Return
CY 2025 11.05%
CY 2024 22.92%

Financial Year Performance

Year Return
FY 26_YTD 19.26%
FY 25 10.02%
FY 24 49.27%
FY 23 1.26%

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

Fund Managers

Ms Ekta Mehta

Fund Manager

Ms. Ekta Mehta serves as a Portfolio Manager at Karma Capital Advisors, bringing over 12 years of comprehensive experience in investment management and financial analysis. Her responsibilities include overseeing large-cap funds and providing analytical coverage for companies within critical sectors such as Banking, Financial Services, Insurance, Fast-Moving Consumer Goods (FMCG), Hospitality, Healthcare, and Oil & Gas. Prior to joining Karma Capital, Ms. Mehta held positions at MSCI and SGA, where she gained expertise in indexing and investor relations. Previously, she was a sell-side analyst at B&K Securities, focusing on the media sector, and also served as a Research Associate at Karma Capital. Ms. Mehta holds an MBA in Finance from N.L. Dalmia Institute of Management Studies and possesses a CFA charter from ICFAI University.

Portfolio Details

Portfolio Composition

Large Cap
19.26%
Mid Cap
25.97%
Small Cap
44.80%
Cash & Equivalent
9.97%

Top 5 Holdings

  • SBI Life Insurance Company Ltd 5.40%
  • One 97 Communications Ltd 4.80%
  • Gujarat Pipavav Port Ltd 4.77%
  • Narayana Hrudayalaya Ltd 4.60%
  • Sagility Ltd 4.46%

Top 5 Sectors

  • BFSI 27.19%
  • Health Care 14.84%
  • Automobiles & Components 11.07%
  • Industrials 10.84%
  • Consumer Durables & Apparel 6.39%

Portfolio Characteristics

total number of stocks
N/A
top 5 stocks percent
24.03%
top 5 sectors percent
70.33%
average market cap
106279.68
portfolio age
2 Yrs, 10 Months
sip
Not Available
stp
Not Available

Fee Structure

Fixed Fee

AMC: 2.5%

Variable Fee

AMC: 1.5%

Hurdle: 10%

Profit Sharing: 20%

Exit Load

Year 1: 1%

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)