Affluense AI AFFLUENSE

Multi

Quest Investment Advisors
PMS Multi Cap & Flexi Cap
Benchmark
S&P BSE 500 TRI
Inception Date
3 August 2014
Min. Investment
₹50,00,000
SIP Available
No
STP Available
Yes

Investment Strategy

Investment Approach

Our investment strategy emphasizes a concentrated portfolio focused on sectors exhibiting robust earnings visibility and predictable performance. Approximately 40-60% of the portfolio is allocated to companies demonstrating consistent earnings across various economic phases. A further 20-30% is invested in companies with potential for Price-to-Earnings (P/E) re-rating. The remaining capital is deployed into deep value opportunities, targeting companies trading significantly below their intrinsic value due to prevailing market cycles.

Investment Objective

Our investment strategy is designed to generate superior risk-adjusted returns for investors over an extended period. This is achieved through the construction of a diversified portfolio comprising 25-30 meticulously selected, high-quality listed companies spanning a range of market capitalizations. This sector-agnostic methodology seeks to achieve outperformance by curating a dynamic investment basket that is adaptively managed in response to evolving market dynamics. This offering is recommended for investors with an investment horizon of at least three to four years.

Performance Returns

Returns as on 2025-12-31

Trailing Returns

Period Strategy Benchmark Outperformance
1 MONTH -2.69% -0.24% -2.45%
3 MONTHS 0.22% 5.02% -4.80%
6 MONTHS -3.45% 1.63% -5.08%
1 YEAR -4.80% 7.63% -12.43%
2 YEAR 16.42% 11.63% 4.79%
3 YEAR 19.75% 16.39% 3.36%
5 YEAR 18.51% 16.81% 1.70%
SINCE INCEPTION 15.83% 13.95% 1.88%

Calendar Year Performance

Year Return
CY 2025 -4.80%
CY 2024 42.44%
CY 2023 26.70%
CY 2022 -1.64%
CY 2021 41.45%
CY 2020 28.02%
CY 2018 -16.14%
CY 2017 49.57%
CY 2016 8.00%
CY 2015 14.38%
CY 2014 15.51%

Financial Year Performance

Year Return
FY 26_YTD 14.99%
FY 25 5.57%
FY 24 52.96%
FY 23 -7.08%
FY 22 27.24%
FY 21 87.40%
FY 20 -29.88%
FY 19 -8.19%
FY 18 19.11%
FY 17 44.82%
FY 16 8.30%
FY 15 9.84%
FY 14 15.51%

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

Fund Managers

Aniruddha Sarkar

Fund Manager

With over 13 years of dedicated experience in the capital markets, Aniruddha has a proven track record of managing public funds within the listed equity sector, consistently delivering substantial alpha for investors. He currently oversees one of the top-performing strategies in the Indian market, demonstrating exceptional results over the past five years. Before his tenure at Quest, Aniruddha was instrumental in managing the IIFL Multicap PMS from its inception in 2014 for a period of five years. During this time, he achieved annualized returns of 19%, significantly outperforming the benchmark returns of 9% and the peer average of 13%. At Quest, Aniruddha holds the position of Senior Portfolio Manager and Co-Head of Equities. In this capacity, he plays a pivotal role in formulating investment strategies for all equity schemes offered by the firm. Aniruddha holds a Bachelor of Commerce degree from St. Xavier's College, Kolkata, and an MBA in Finance from the Indian Institute of Management (IIM), New Delhi.

Portfolio Details

Portfolio Composition

Large Cap
27.85%
Mid Cap
29.38%
Small Cap
33.12%
Cash & Equivalent
6.05%

Top 5 Holdings

  • Cash & Cash Equivalents 6.05%
  • Eternal Ltd 5.79%
  • TVS Holdings Ltd 5.79%
  • Bharti Airtel Ltd 4.60%
  • Kalpataru Projects International Ltd 4.32%

Top 5 Sectors

  • Financials 30.75%
  • Consumer Discretionary 21.48%
  • Construction 6.77%
  • Healthcare 5.60%
  • Metals & Mining 5.03%

Portfolio Characteristics

total number of stocks
26
top 5 stocks percent
26.55%
top 5 sectors percent
69.63%
average market cap
165886.19
portfolio age
11 Yrs, 4 Months
sip
Not Available
stp
Available

Fee Structure

Fixed Fee

AMC: 2.5%

Variable Fee

AMC: 1.5%

Hurdle: 8%

Profit Sharing: 12%

Exit Load

Year 1: 1%

Year 2: 0%

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)