Affluense AI AFFLUENSE

Small Midcap

Money Grow Asset Pvt Ltd
PMS Small & Mid Cap
Benchmark
Nifty 50 TRI
Inception Date
11 December 2023
Min. Investment
₹50,00,000
AUM (Cr.)
₹102.91
SIP Available
Yes
STP Available
Yes

Investment Strategy

Investment Approach

This Small and Mid-Cap Fund employs a private equity-inspired, bottom-up methodology to uncover undervalued companies and nascent industries. The strategy also encompasses identifying companies undergoing balance sheet transformations to foster substantial earnings expansion and subsequent valuation upgrades. Managerial competence is a critical assessment point, rigorously evaluated through consistent engagement and comprehensive reference checks.

Investment Objective

This investment strategy focuses on generating significant long-term capital growth through allocation to companies with small and mid-market capitalization.

Performance Returns

Returns as on 2025-12-31

Trailing Returns

Period Strategy Benchmark Outperformance
1 MONTH -9.49% -0.28% -9.21%
3 MONTHS -20.04% 6.33% -26.37%
6 MONTHS -24.22% 2.92% -27.14%
1 YEAR -21.59% 11.88% -33.47%
2 YEAR 9.38% 10.97% -1.59%
SINCE INCEPTION 7.71% 12.59% -4.88%

Calendar Year Performance

Year Return
CY 2025 -21.59%
CY 2024 52.61%

Financial Year Performance

Year Return
FY 26_YTD 3.28%
FY 25 16.96%

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

Fund Managers

Viraj Mahadevia

Fund Manager & Partner

With a robust career spanning over two decades in the financial services sector, Viraj brings extensive expertise to our platform. He possesses a decade of direct experience in Indian Private Equity, having been associated with Actis, a prominent emerging markets fund with an Assets Under Management (AUM) exceeding US$ 7.5 billion across its various funds. Prior to this, Viraj accumulated over five years of professional experience in roles encompassing Mergers & Acquisitions (M&A) and capital raising within the Healthcare and Consumer sectors. These engagements were undertaken at leading global financial institutions, Goldman Sachs and Citigroup, based out of their London offices. Academically, Viraj holds an MBA in Finance and Leadership Change Management from the Indian School of Business, Hyderabad, obtained in 2004. He also holds a BSc in Electrical Engineering from the University of Michigan Ann Arbor, conferred in 2000.

Portfolio Details

Portfolio Composition

Large Cap
0%
Mid Cap
0%
Small Cap
0%
Cash & Equivalent
0%

Top 5 Holdings

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

Top 5 Sectors

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

Portfolio Characteristics

total number of stocks
N/A
top 5 stocks percent
N/A
top 5 sectors percent
N/A
average market cap
N/A
portfolio age
2 Yrs, 0 Months
sip
Available
stp
Available

Fee Structure

Fixed Fee

AMC: 2%

Variable Fee

AMC: No Option

Hurdle: 10%

Profit Sharing: 20% Performance above Hurdle 10%

Exit Load

Year 1: 3%

Year 2: 2%

Year 3: 1%

Interested in ?

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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)