Affluense AI AFFLUENSE

VOYAGER

Sundaram Alternate Assets Ltd
PMS Multi Cap & Flexi Cap
Benchmark
S&P BSE 500 TRI
Inception Date
30 November 2016
Min. Investment
₹2,50,00,000
SIP Available
No
STP Available
Yes

Investment Strategy

Investment Approach

The investment strategy centers on a curated portfolio comprising 15 to 25 carefully selected securities. Asset allocation across market capitalizations is dynamic, adapting to prevailing market conditions. The portfolio is segmented into two distinct categories: structural holdings, representing businesses with enduring growth potential, and cyclical and turnaround opportunities, focusing on companies positioned to benefit from economic cycles or undergoing strategic improvements.

Investment Objective

The investment objective is to achieve sustained capital growth through strategic allocation to small capitalization equities.

Performance Returns

Returns as on 2025-12-31

Trailing Returns

Period Strategy Benchmark Outperformance
1 MONTH -2.96% -0.24% -2.72%
3 MONTHS 4.61% 5.02% -0.41%
6 MONTHS 2.42% 1.63% 0.79%
1 YEAR 5.81% 7.63% -1.82%
2 YEAR 19.06% 11.64% 7.42%
3 YEAR 18.84% 16.40% 2.44%
5 YEAR 18.02% 16.82% 1.20%
SINCE INCEPTION 14.17% 15.63% -1.46%

Calendar Year Performance

Year Return
CY 2009 20.60%
CY 2025 5.81%
CY 2024 31.84%
CY 2023 17.58%
CY 2022 -5.10%
CY 2021 42.25%
CY 2020 32.61%
CY 2019 15.31%
CY 2018 -12.08%
CY 2017 49.24%
CY 2016 4.41%
CY 2015 5.27%
CY 2014 72.80%
CY 2013 23.41%
CY 2012 19.97%
CY 2011 -23.79%
CY 2010 9.04%

Financial Year Performance

Year Return
FY 26_YTD 20.59%
FY 25 13.99%
FY 24 32.54%
FY 23 -13.34%
FY 22 29.30%
FY 21 80.10%
FY 20 -12.10%
FY 19 0.72%
FY 18 18.99%
FY 17 23.23%
FY 16 -0.55%
FY 15 53.37%
FY 14 63.15%
FY 13 4.36%
FY 12 -17.81%
FY 10 22.00%

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

Fund Managers

Darshan Engineer

Fund Manager

With over sixteen years of experience in the financial markets, including fourteen in equities and two in credit ratings, Darshan Engineer is a seasoned investment specialist. His professional journey encompasses prominent Portfolio Management Services (PMS) and Alternative Investment Fund (AIF) platforms, such as Alchemy Capital, Karma Capital, and Valuequest, where he has primarily focused on small and mid-cap investment strategies. Darshan is recognized for his robust bottom-up research methodology, complemented by extensive sector-specific knowledge in consumer discretionary, automotive and auto ancillaries, pharmaceuticals, chemicals, and information technology. His investment philosophy integrates rigorous financial modelling with a comprehensive grasp of underlying business principles. Academically, Darshan holds an MBA in Finance from Jamnalal Bajaj Institute of Management Studies and a Bachelor's degree in Computer Science from Mumbai University. Furthermore, he has previously occupied leadership positions in credit research during his tenure at CRISIL.

Portfolio Details

Portfolio Composition

Large Cap
23.33%
Mid Cap
45.66%
Small Cap
29.16%
Cash & Equivalent
1.85%

Top 5 Holdings

  • GE Vernova T&D India Limited 8.05%
  • Cholamandalam Investment and Finance Company Ltd 6.12%
  • Mahindra & Mahindra Ltd. 6.04%
  • Kei Industries Ltd. 5.29%
  • Hitachi Energy India Limited 5.20%

Top 5 Sectors

  • Capital Goods 34.39%
  • Financial Services 21.70%
  • Healthcare 11.18%
  • Automobile and Auto Components 8.22%
  • Information Technology 7.70%

Portfolio Characteristics

total number of stocks
17
top 5 stocks percent
30.70%
top 5 sectors percent
83.19%
average market cap
N/A
portfolio age
9 Yrs, 1 Months
sip
Not Available
stp
Available

Fee Structure

Fixed Fee

AMC: 2.5%

Variable Fee

AMC: 1.5%

Hurdle: 12%

Profit Sharing: 20%

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)