Affluense AI AFFLUENSE

Wealth Builder

Karma Capital Advisors Pvt Ltd
PMS Multi Cap & Flexi Cap
Benchmark
S&P BSE 500 TRI
Inception Date
31 December 2006
Min. Investment
₹50,00,000
SIP Available
No
STP Available
No

Investment Strategy

Investment Approach

Multicap & Sector agnostic

Investment Objective

The investment objective of the strategy is to achieve long-term capital appreciation by investing with patience and discipline in the Indian capital markets

Performance Returns

Returns as on 2025-12-31

Trailing Returns

Period Strategy Benchmark Outperformance
1 MONTH -1.58% -0.24% -1.34%
3 MONTHS 1.99% 5.02% -3.03%
6 MONTHS -2.65% 1.63% -4.28%
1 YEAR 2.28% 7.63% -5.35%
2 YEAR 9.55% 11.63% -2.08%
3 YEAR 19.68% 16.39% 3.29%
5 YEAR 20.28% 16.81% 3.47%
SINCE INCEPTION 13.00% 12.32% 0.68%

Calendar Year Performance

Year Return
CY 2009 90.70%
CY 2008 -47.29%
CY 2007 29.51%
CY 2025 2.28%
CY 2024 17.36%
CY 2023 42.87%
CY 2022 -7.97%
CY 2021 59.61%
CY 2020 21.45%
CY 2019 -9.76%
CY 2018 -24.15%
CY 2017 61.20%
CY 2016 13.12%
CY 2015 20.47%
CY 2014 64.30%
CY 2013 -3.33%
CY 2012 47.17%
CY 2011 -28.96%
CY 2010 2.49%

Financial Year Performance

Year Return
FY 26_YTD 9.11%
FY 09 -33.54%
FY 08 3.33%
FY 07 -3.89%
FY 25 7.19%
FY 24 58.58%
FY 23 -11.80%
FY 22 45.65%
FY 21 127.46%
FY 20 -49.44%
FY 19 -14.93%
FY 18 16.76%
FY 17 57.58%
FY 16 7.31%
FY 15 51.84%
FY 14 17.98%
FY 13 15.62%
FY 12 -11.34%
FY 11 -4.04%
FY 10 91.12%

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

Fund Managers

Rushabh Sheth

Fund Manager

Rushabh has over 29 years of experience in money management business in India primarily in listed equities. In his career of over two decades in money management business in India. Rushabh has been involved with various formats of money management like Portfolio Management, Mutual Funds and Offshore funds; and has been closely involved in the evolution of Fund Management industry in India. Rushabh is the Portfolio Manager and also has other corporate responsibilities as Director of KCA.

Nikhil Desai

Fund Manager

Nikhil’s professional expertise of over 27 years is in the field of Portfolio Management and Research In Listed India Equities spanning several market cycles and different money management formats.Nikhil followed his calling of entrepreneurship when he founded Karma Capital Advisors in 2005 along with his former colleagues. The motivation for founding Karma Capital was to build a platform for like-minded team members who believe in a value oriented investment philosophy with a focus on long term value creation for clients.

Portfolio Details

Portfolio Composition

Large Cap
26.38%
Mid Cap
18.53%
Small Cap
49.82%
Cash & Equivalent
5.27%

Top 5 Holdings

  • Jubilant Pharmova Ltd 7.02%
  • Sbi Cards And Payment Services Ltd 6.26%
  • Alivus Life Sciences Ltd 6.10%
  • Varroc Engineering Ltd 5.47%
  • Tata Communications Ltd 5.18%

Top 5 Sectors

  • Health Care 28.90%
  • BFSI 25.07%
  • Automobiles & Components 16.45%
  • Communication Services 9.10%
  • Industrials 6.94%

Portfolio Characteristics

total number of stocks
25
top 5 stocks percent
30.03%
top 5 sectors percent
86.46%
average market cap
106131.52
portfolio age
19 Yrs, 0 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%

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.

Affluense AI – Smarter Insights. Stronger Relationships with Affluents.

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

© 2026 Affluense AI