Opportunities

Buoyant Capital Pvt Ltd
PMS Multi Cap & Flexi Cap
Benchmark
S&P BSE 500 TRI
Inception Date
1 June 2016
Min. Investment
₹50,00,000
AUM (Cr.)
₹8024.61
SIP Available
No
STP Available
No

Investment Strategy

Investment Approach

An aggressive stance when aiming for higher returns A defensive stance when the focus shifts to reducing risk This involves dynamic allocation between our Core and Satellite portfolios, adjusting weights based on market conditions and opportunities Executing this strategy requires insight, discipline, and a strong understanding of the forces driving different phases of the cycle.

Investment Objective

Primary Goal: Generate superior returns on a cross-cycle basis.When Aggressive: Focus on alpha generation; Core allocation can go as low as 30%, and Satellite (cyclicals, turnarounds, value) up to 70%.When Defensive: Capital preservation becomes priority; Core allocation can go up to 70%, Satellite down to 30%.

Performance Returns

Returns as on 2025-12-31

Trailing Returns

Period Strategy Benchmark Outperformance
1 MONTH 0.03% -0.24% 0.27%
3 MONTHS 7.11% 5.02% 2.09%
6 MONTHS 5.19% 1.63% 3.56%
1 YEAR 16.59% 7.63% 8.96%
2 YEAR 17.67% 11.64% 6.03%
3 YEAR 24.79% 16.40% 8.39%
5 YEAR 27.72% 16.82% 10.90%
SINCE INCEPTION 21.94% 15.32% 6.62%

Calendar Year Performance

Year Return
CY 2025 16.59%
CY 2024 18.78%
CY 2023 40.34%
CY 2022 3.20%
CY 2021 69.41%
CY 2020 11.48%
CY 2019 7.15%
CY 2018 -20.10%
CY 2017 106.29%
CY 2016 0.40%

Financial Year Performance

Year Return
FY 26_YTD 17.92%
FY 25 15.59%
FY 24 44.50%
FY 23 6.62%
FY 22 43.27%
FY 21 112.07%
FY 20 -40.24%
FY 19 -3.91%
FY 18 46.85%
FY 17 24.17%

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

Fund Managers

Sachin Khivasara

Portfolio Manager

Sachin has over nineteen years of experience in Indian Capital Markets. A Chartered Accountant and a Graduate Cost and Works Accountant, Sachin has worked extensively with leading Investment Managers like Enam Holdings (a large family office) and Reliance Mutual Fund (one of India’s largest mutual funds). Sachin’s expertise lies in identifying under-researched and mispriced companies which can provide superior returns over medium to long term. Sachin loves Pranayama and Yoga, and regularly travels for a higher actualization of this passion.

Jigar Mistry

Fund Manager

Jigar has over 21 years of research and investing experience. He is an associate member of ICAI and CFA charter holder. Prior to founding Buoyant, he was Director, Research at HSBC.

Viral Berawala

Fund Manager

2019 to Present: Director, Buoyant Capital 2017 - 2019: Chief Investment Officer at Essel Mutual Fund 2013 - 2017: Chief Investment Officer at Reliance Nippon Life Insurance (earlier known as Reliance Life) 2007 - 2013: Assistant Fund Manager at Nippon India Mutual Fund (earlier known as Reliance Mutual Fund) 1999 - 2006: Manager, Finance at Tata Consultancy Services Educational qualification: B.Com., Chartered Accountant, MBA – IIM Ahmedabad Areas of historical research coverage: Information Technology, Real Estate, Retail and FMCG, Oil & Gas and Insurance

Ms. Natasha Lulla

Portfolio Manager – PMS Investment

Ms. Natasha has more than 9 years of experience in equity research and fund management. Natasha was working with Goldman Sachs as an equity analyst covering India Materials sector before joining Birla Sun Life PMS. She was doing Portfolio Strategy for ASEAN regions while working with Goldman. She holds a Masters in Business Administration in Finance and Marketing from Management Development Institute, Gurgaon, where Natasha was the Gold Medallist for each of the two years. She was also awarded a Gold Medal for achieving the 1strank in the Finance stream. Natasha Lulla graduated in Economics from Lady Shri Ram College, New Delhi and with the top 1% in Delhi University.

Portfolio Details

Portfolio Composition

Large Cap
51.17%
Mid Cap
22.66%
Small Cap
14.03%
Cash & Equivalent
7.16%

Top 5 Holdings

  • Cash & Cash Equivalents 7.16%
  • Axis Bank Ltd 5.75%
  • ICICI Bank Ltd. 4.99%
  • State Bank Of India 4.94%
  • Shriram Finance Limited 4.93%

Top 5 Sectors

  • Financial Services 39.95%
  • Healthcare 8.96%
  • Fast Moving Consumer Goods 5.16%
  • Automobile and Auto Components 4.89%
  • Chemicals 4.80%

Portfolio Characteristics

total number of stocks
40
top 5 stocks percent
27.77%
top 5 sectors percent
63.76%
average market cap
312597.10
portfolio age
9 Yrs, 6 Months
sip
Not Available
stp
Not Available

Fee Structure

Fixed Fee

AMC: 2%

Variable Fee

AMC: 1%

Hurdle: 12%

Profit Sharing: 15%

Exit Load

Year 1: 0%

Year 2: 0%

Year 3: 0%

Disclaimer

* Returns are as on31st December 2025 , * Returns over a 1 year period are annualized * Returns are calculated using the Time Weighted Rate of Return (TWRR) method and as provided by the respective AMCs. *ND (No Data) , * NA(Not Applicable) * Returns of the respective Benchmark Indices used are tabulated above. Benchmark(s) given are as per SEBI circular no. SEBI/HO/IMD/IMD-PoD-2/P/CIR/2022/172 dated December 16, 2022 and the APMI circular no. APMI/2022-23/02 dated 23rd March,2023 and Revised Annexure-1

This profile is provided for general informational purposes only and is based on publicly available information. While reasonable care is taken, the content may not always reflect the latest 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.

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Last Updated: January 2026 · Published by Affluense AI (affluense.ai)